Crypto Payment Platform Alchemy Pay Expands Payment Options in Europe and the UK
Cryptocurrency payment platform Alchemy Pay is making it easier for users in Europe and the United Kingdom to buy crypto by introducing new on-ramps. These new deposit options include the euro instant solution, Single Euro Payments Area (SEPA) Instant, and the U.K. fast money transfer option, Faster Payments. With these new payment options, transfers can be processed within seconds to a few minutes.
SEPA Instant and Faster Payments
SEPA Instant allows European customers to purchase up to 5,000 euros ($5,460) in cryptocurrency, while Faster Payments has a transfer limit of up to 5,000 British pounds ($6,320). These channels are available to users in 30 European countries and the U.K. after completing Know Your Customer checks.
Expanding Payment Network
In addition to SEPA Instant and Faster Payments, Alchemy Pay supports various local payment channels such as the Polish Blik payment system, Bancontact, Skrill, and more. The platform currently supports 300 fiat payment channels across 173 countries, primarily in Southeast Asia. Alchemy Pay is actively expanding its payment service worldwide and has recently obtained licenses in the United States.
Hot Take: Alchemy Pay Facilitates Crypto Purchases in Europe and the UK
Alchemy Pay’s integration of new on-ramps in Europe and the United Kingdom demonstrates its commitment to simplifying crypto purchases for users. By offering SEPA Instant and Faster Payments as additional payment options, Alchemy Pay aims to provide faster and more convenient transactions. This expansion strengthens Alchemy Pay’s presence in Europe while also contributing to its global network of supported fiat payment channels. As Alchemy Pay continues to expand and obtain licenses in various markets, it is positioning itself as a leading crypto payment platform worldwide.
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