JAKARTA - Fiat-to-crypto payment platform, Alchemy Pay, is officially working with Samsung Pay to expand the reach of its virtual card service. Now, Virtual Alchemy Pay Card holders can connect their card with Samsung Pay, making it easier for users to make crypto payments quickly, safely, and comfortably, both online and at physical outlets.
Alchemy Pay's decision was followed by previous integration with Google Pay, where the company continues to strive to offer various choices for crypto users. With Samsung Pay, Alchemy hopes to provide a more reliable and widely known alternative payment.
Samsung Pay itself is one of the largest mobile payment platforms in the world, accepted in millions of retail and e-commerce locations. Its wide reach is a great opportunity for Alchemy Pay to introduce crypto use to a wider audience. Alchemy Pay also sees the potential for market growth in the online shopping sector, applications, and traditional retailers with this collaboration.
For Alchemy Pay virtual cardholders, this collaboration provides additional convenience. Once the card is connected to Samsung Pay, users can use their crypto to shop on well-known platforms such as Amazon, Netflix, Apple Store, Facebook, eBay, and many others. This makes crypto payments as easy as transactions using fiat currency-based cards, with additional benefits in the form of security and transaction speed.
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Alchemy Pay also has high hopes for this collaboration, given Samsung Pay's reputation as a trusted platform with billions of dollars in transaction volume every year. With this collaboration, Alchemy Pay estimates that crypto adoption will increase significantly.
Going forward, Alchemy Pay plans to increase support for other major digital payment platforms such as Visa, Mastercard, and American Express. This is done in order to expand access to crypto payment services and strengthen its position as the leading crypto payment gateway.
For users who are interested in taking advantage of this service, they can check the compatibility of their virtual cards on the official Alchemy Pay website. Once the card is connected to Samsung Pay, users can immediately enjoy the convenience of transacting crypto quickly and safely.
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