Alchemy Pay and Conflux Team up for Fiat-crypto Payments
Conflux Network, which is a permissionless Layer1 blockchain technology linking decentralized marketplaces across boundaries and technologies, has partnered up with Alchemy Pay. It hopes of providing a simple fiat on-ramp to its network. The on-ramp payments solution enables users to acquire cryptocurrency using their native fiat currencies. Alchemy Pay made this announcement today on its official Twitter channel.
#AlchemyPay is joining forces with @Conflux_Network, a PoW/PoS hybrid blockchain without barriers, for seamless fiat-crypto on ramp solution.
Read more here: https://t.co/P03va3lvcc pic.twitter.com/6KkNcD9hE7
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) February 23, 2023
Conflux Network Expands Global Reach with Alchemy Pay’s Fiat-Crypto Payment Solution
The on-ramp payments solution permits consumers to acquire cryptocurrency using their native currencies. Thanks to this partnership, Alchemy Pay will be able to assist Conflux in growing its business on a worldwide scale. It will also expand its global presence.
The payment gateway provided by Alchemy Pay enables users to make transactions using MasterCard and Visa credit cards in 173 countries. It also facilitates several local transfers and famous smartphone wallets in developing markets. The gateway that is enabled by more than 300 fiat money transfers enables buying and selling cryptocurrency with local different currencies as easily as making any other type of normal online payment. It has a high rate of conversion, cheap costs, and a straightforward and quick Verification process.
Alchemy Pay, a supplier of payment solutions, has made the announcement that it has integrated with Conflux Network. It provides consumers with fiat-crypto payment services. Customers are capable of purchasing cryptocurrencies using fiat currencies by utilizing the On-Ramp effective approach by Alchemy Pay. This brings fiat currencies into the Conflux network and makes it more accessible.
Alchemy Pay’s Payment Gateway expands to Google Pay and Apple Pay, empowering Conflux Network’s growth
The payment gateway offered by Alchemy Pay accepts MasterCard and Visa payments from customers in 173 different countries. Recently, it made the announcement that it will integrate with Google Pay and Apple Pay in that order.
Being a blockchain that doesn’t have any restrictions, Conflux Network has reached an important new milestone with the help of this cooperation. According to Conflux Founder Ming Wu, the inclusion of Alchemy Pay’s system makes the onboarding of one million customers into the network in a style that is both easy and in compliance with regulatory requirements.
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Conflux is a permissionless blockchain operating at Layer1 that connects decentralized economies beyond borders and technologies. Conflux just made the transition to a combined Proof-of-Work and Proof-of-Stake consensus. It allows it to deliver a blockchain ecosystem that is quick, safe, and scalable. In addition to this, it has minimal congestion, cheap fees, and enhanced network security.
