On Thursday, the Pundi X team announced via X that it had integrated Alchemy Pay into its upcoming decentralized payment platform. This enhancement, set for Q1 2025, will enable merchants using Pundi X's self-custodial payment system to leverage Alchemy Pay’s on-ramp and off-ramp services, streamlining the process of converting fiat to digital assets and vice versa.
Alchemy Pay will facilitate the conversion process directly, allowing businesses to access seamless cryptocurrency transactions while retaining the decentralized capabilities of XPOS. To utilize this functionality, merchants will register with Alchemy Pay, thereby gaining access to its extensive fiat-to-crypto conversion network.
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 up 2% in the last 24 hours and trades at $0.02004.