Visa has included Alchemy Pay in the list of official service providers

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The Alchemy Pay service has been added as part of the Visa International Payment System Extension for Third Party Agents (TPA) program.

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According to the processing company of the Visa system, Alchemy Pay will act as a “connecting gateway” between traditional finance and cryptocurrencies. Now, through the Alchemy Pay service, transactions are processed to purchase cryptocurrency using fiat money.

Visa’s global network has about 4 billion users. According to company representatives, the integration of the Alchemy Pay service will greatly facilitate digital payments to customers, merchants, financial institutions, enterprises, strategic partners and government agencies.

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According to the analytical agency TokenInsight, amid information about the inclusion of Alchemy Pay in the list of official Visa service providers, the price of the Alchemy Pay token ($ACH) increased by 41.39% and is trading at $0.013120.

Previously, the Huobi cryptocurrency exchange announced that it had partnered with Visa to issue a co-branded Huobi Visa card, which the marketplace calls its main product for customers.

Source: Bits

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