Alchemy Pay, the creator of the world’s first hybrid crypto-fiat gateway solution that connects the fiat and crypto economies, has announced the launch of Virtual Crypto-Linked Cards (“Virtual Cards”) to help speed the adoption of cryptocurrencies in the payment industry.
Over 40 cryptocurrencies are supported by the virtual cards, which may be linked to digital wallets like Google Pay and PayPal. They will be accepted by millions of businesses on the Visa and Mastercard networks, including big eCommerce platforms like Amazon and eBay.
Alchemy Pay’s virtual card services have now been finished and are currently being tested in several significant regions. According to the business, virtual card services are expected to be completely operational by the end of 2021 or early 2022.
According to research, over $1 billion in crypto-linked card transactions have been made, which is anticipated to rise dramatically shortly. Alchemy Pay is hoping to offer the virtual card services as a full suite white-label service to crypto projects and enterprises and traditional institutions wishing to embrace crypto to drive adoption rates even higher.
About Alchemy Pay
Alchemy Pay invented the world’s first hybrid fiat and digital currency gateway solution for businesses and investors. Alchemy Pay enables seamless crypto and fiat acceptance for merchant networks, developers, and financial institutions. It accelerates blockchain adoption by making crypto investment and DeFi services available to consumers and institutions in the fiat economy.
For more information, visit https://www.alchemytech.io/