Hassan Maishera
On Tuesday, the Alchemy Pay team announced via a blog post that it has partnered with Yellow Card, a pan-African fintech company operating in 20 countries with over $3 billion worth of transactions.
The partnership aims to enhance Alchemy Pay's on-ramp product by leveraging Yellow Card's vast payment infrastructure, including bank transfers and mobile money options, to serve the growing demand across several African countries.
Thanks to this collaboration, Alchemy Pay enables smoother transactions by utilizing widely adopted payment methods across Africa. This reduces friction for users while offering more favorable fees and improved success rates.
By leveraging Yellow Card’s payment API, Alchemy Pay is simplifying access to crypto assets and decentralized finance. It makes it easier for millions of people across Africa to engage with crypto in a secure and familiar way, ultimately contributing to the broader adoption of blockchain technologies on a global scale.
Alchemy Pay is a payment system focused on retail transactions at the point of sale and peer-to-peer remittance. Users can make payments using fiat, stablecoins, and other cryptocurrencies on traditional payment systems. Alchemy Pay’s ACH token is down 2.5% in the last 24 hours and trades at $0.01967.
