SINGAPORE, March 1, 2024 /PRNewswire/ — As we embark on a new year filled with promise, which kicked off on a high note by the BTC ETF approval and features upcoming milestones like ETH’s Dencun Upgrade and the quadrennial Bitcoin halving, the stage is set for remarkable achievements, and we’re in for this thrilling year.In 2024, our key priorities revolve around:In the exciting journey ahead, Alchemy Pay is ready to make a lasting impact. We’re steadfast in our dedication to growing payment options, investing in compliance for the future, and smoothly bringing millions into the dynamic world of cryptocurrency.
Enhanced Ramp Solution for Increased Scope
As a leading global crypto payment service provider, our commitment extends to connecting fiat and crypto in every country that is accessible. We actively strive to expand our footprint, ensuring our services reach everyone across the globe. With our existing coverage spanning 173 countries and regions, we are now poised to embark on a greater vision in 2024: Beyond traditional global payments like credit cards, we are determined to integrate local payments as an alternative for every country where crypto usage is non-restricted. That means, we aim to attain 100% complete coverage of local payments on a global scale, with plans to introduce 40+ new payment channels and methods to enhance our ramp service, including Revolut and N26 in the UK, Trustly in Europe, and multi local payment methods across Asia.
Innovative Web3 Digital Bank
Alchemy Pay is collaborating with crypto-friendly banks in Europe to seamlessly integrate their account opening capabilities into our product. Upon obtaining the anticipated UK Authorised Payment Institution (API) license, we will be equipped to provide various services including remittance, payment processing, and the management of payment accounts. This integration will allow individual users to directly open personal accounts denominated in EUR and USD through our platform. Furthermore, our innovative Web3 digital bank is geared towards Web3 companies, offering the option to open multi-currency accounts. What sets this apart is that users can easily convert between USD and EUR, multiple fiat currencies and crypto, such as EUR/USD and USDT/USDC, in real time, making it easier to navigate between the traditional financial world and the crypto world.
Regulatory Licenses for Enhanced Compliance and Security
In 2024, Alchemy Pay anticipates the submission and acquisition of over 20 licenses globally. This strategic move is aimed at facilitating the deployment of our products and services in a compliant manner across diverse countries and regions. Additionally, it provides a more secure payment experience for both users and partners while enhancing our competitive edge and reinforcing safeguards for a payment gateway in this industry. Apart from the already planned locations like Hong Kong, the U.S., and the U.K., we are actively pursuing compliant certifications in additional regions such as Australia, South Korea, Singapore, and Europe, where a regulatory framework for the crypto asset market is on the horizon.
Concluding our roadmap for 2024, we affirm our dedication to bridging the global fiat and crypto economies. Our focus is on crafting pioneering solutions in crypto payments and pushing the limits of what is achievable. Get ready for a year of unstoppable impact and growth as we strive to bring Alchemy Pay’s vision to life!
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