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The partnership with Alchemy Pay is the buzzing discussion in the Elrond Ecosystem. Alchemy Pay (ACH) provides hybrid crypto-fiat payment solutions.
Alchemy Pay’s consensus protocol facilitates an adaptive decentralized finance (DeFi) infrastructure for crypto / fiat payments. They make it possible for merchants to immediately begin accepting cryptocurrency payments through virtual credit cards, point of sale (POS), web interfaces, and mobile apps.
Alchemy Pay currently operates in 65 countries worldwide including Canada, Japan, South Korea, and the European Union. The company operates touchpoints for purchases in 18 countries and through partnerships with Shopify, Arcadier, QFPay, and more.
Alchemy Pay is soon set to provide a white-label solution for Visa and Mastercard cryptocurrency virtual cards. Clients will be able to issue cards which can be accepted on leading e-commerce platforms like Amazon and eBay. This will seamlessly be linked to digital wallets like Google Pay or PayPal, thus enabling crypto to fiat payments, including with EGLD and ESDT, for every supported merchant.
Beniamin Mincu expressed: EGLD and & ESDTs to be accepted as payment method for 200+ million merchants via AlchemyPay. Integration of the Elrond Network for crypto2fiat TXs with virtual Visa and MasterCard cards, POS, web, mobile, Shopify plugins, is underway.
A community member expressed: While some brainless people are currently taking profit on EGLD, the smart ones keep them in the staking pool because we know the real potential of Elrond and we still haven’t reached 1% of it’s next year value.
Day to day EGLD price fluctuations are unimportant. That Elrond has such an amazing team, accomplishing so much every day, that is important.
Highly encourage to take a look at PayTM (India). Integrate with that and you will get to your BILLION in a day. There might be a lot of regulation issues, which need to be understood and addressed first. Hopefully, India’s crypto bill this year will answer many questions.
Really proud about this collaboration with Alchemy Capital because of the underlying value that it brings to the users. Having EGLD, the currency backed by value itself, at 200M merchants around the world is a great accomplishment in the Elrond mass adoption plan.
200M is not a small number at all. When you factor in, this number represents from small to massive businesses around the globe, only then you truly realize the depth and magnitude of this collaboration.
AlchemyPay has large scale partnerships coming in the near future. Listings and partnerships are on the way.
Let’s go this way we don’t need to use third party DEX to convert to cash. This is EPIC. Huge win for ACH. How is this the coin’s market cap is so low? It’s definitely going to blow up soon.
