Gate Pay, developed by Gate.io, announced a partnership with Alchemy Pay. This will allow a balance to be established between crypto and fiat using the platform’s own wallet. With the partnership, the duo will help Gate Pay integrate major platforms into the Alchemy Pay network, including Allvalue, Instpower, and others.
Gate Pay Announces Partnership with Alchemy Pay
Through this partnership, Gate Pay will be able to take advantage of Alchemy Pay’s broad merchant network. Shopify, QFPay, Pricerite of Hong Kong, Enterprise Marketplace E-commerce Solutions Arcadier, one-page website builder Allvalue, Midwest Global Asia cab services, and other merchant networks are included in the Alchemy Pay network.
The platform is a private, contactless, and borderless payment method that was developed by Gate.io. The system presently supports over 30 cryptocurrencies. Also, both individuals and companies can choose the payment methods they choose to use.
The integration will improve the efficiency with which merchant-based transactions are supported. In addition, the Web 3.0 era will meet the expectations of merchant users who wish to receive cryptocurrency at any time, anywhere. Users of the Gate.io payment system will have access to a greater range of services and goods thanks to the integration of these merchants.
About Alchemy Pay
In order to allow in-person and online retailers to accept cryptocurrency payments from clients, the platform introduced the first hybrid merchant payment acceptance system in the world in 2019. Their system for accepting fiat-crypto payments had touchpoints with more than 2 million retailers in more than 70 areas by 2021.
About Gate Pay
To address the Web 3.0 needs of businesses and individual users to pay and receive cryptocurrencies anytime, anywhere, Gate.io established the platform, a safe, free, and quick cryptocurrency payment function. By just scanning the OR code or sending money using a Chain Address, users may make seamless cryptocurrency payments for any online service or product.
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