Alchemy Pay has introduced Samsung Pay integration for its Virtual Card service, allowing users to make fast and secure payments using cryptocurrency.
Users of Alchemy Pay can now connect their virtual crypto cards to Samsung Pay for seamless transactions online and in-store, according to an Alchemy Pay press release. This update adds to the existing Google Pay option, giving Alchemy Pay cardholders more flexibility in crypto spending. Samsung Pay is widely used globally, making it easier for users to complete transactions at millions of locations.
Understanding Crypto Payments
For those unfamiliar with crypto payments, services like Alchemy Payβs Virtual Card allow users to spend their digital assets in the same way they would with traditional money. By linking their card to Samsung Pay, users can use cryptocurrency to shop online, in-store, and even in apps.
Expanding Cryptocurrency Accessibility
This move expands Alchemy Payβs efforts to make cryptocurrency payments accessible to a wider audience. Major platforms such as Amazon, Netflix, eBay, and Facebook are supported, giving users plenty of spending options.
To get started, cardholders simply add their Alchemy Pay Virtual Card to the Samsung Pay app and start using it right away.
Future Integrations and Partnerships
Alchemy Payβs ongoing focus is to broaden its digital payment integrations, with plans to work with major card networks like Visa and Mastercard. This aims to enhance its cryptocurrency payment offerings for both seasoned and new users alike.
In June, Alchemy Pay expanded its services by integrating with Scroll, a Layer-2 Ethereum scaling solution. This partnership enabled users to access tether and USD coin through Alchemy Payβs platform, supporting over 50 fiat currencies across 173 countries. The company also launched its crypto payment solutions on Telegram.
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