NIUM, the global fintech giant, announced its partnership with Alchemy Pay (ACH), a fiat-crypto gateway solutions provider. That partnership indicates that there is massive progress for Alchemy Pay who is now expected to leverage NIUM’s massive global coverage and quickly payout funds to customers at considerably lowered costs in the more than 190 nations and territories where NIUM services are available.
Moreover, NIUM has 11 licenses in regions like Europe, Hong Kong, the US, the United Kingdom, Australia, and Singapore. These licenses will enable Alchemy Pay to extend its reach into these critical financial markets.
Alchemy Pay’s CEO, John Tan, explained the importance of the partnership:
“NIUM allows us to provide crypto and fiat acceptance at even more competitive prices and tap into lucrative new markets where we know there is serious demand. This is a huge step forward for us – our network now has more global coverage and is more attractive than ever.”
Alchemy Pay’s first product is its popular hybrid cryptocurrency-fiat payment system that enables merchant partners to accept popular cryptos in online and offline payments at a low cost and with instantaneous conversion to the merchant’s local fiat currency.
Buy Crypto NowAlchemy Pay Partners With NIUM To Expand Into Crypto
Their all-in-one system also lets businesses and merchants accept fiat payments through e-wallets and credit cards. The network is powered by its incentivizing utility token, ACH, which is supported by the Ethereum blockchain.
NIUM is one of the true unicorns in the fintech world, and it now puts its massive network to work for Alchemy Pay. That move will enable the gateway solutions provider to enjoy boosted speeds, cost, and coverage. NIUM developed one of the most comprehensive networks globally for partners, relationships, and licenses in nations where Alchemy Pay can now do business.
The partnership offers Alchemy Pay enhanced services that will boost the appeal to possible merchant partners. Since NIUM confirmed the partnership, the payment network is currently supported for use in more than 70 nations, a number that has been growing continuously over the past year.
Being a link between fiat and crypto economies, Alchemy Pay completed 2021 on a strong note by incorporating its fiat payment platforms with major blockchain networks like Avalanche, Polygon, and NEAR. It means that the users can now override many barriers to entry and get into crypto ecosystems directly using fiat payment standards like MasterCard, Visa, and PayPal.
