Alchemy Pay, a hybrid digital and fiat payment solutions provider, recently announced it will be launching its hybrid fiat and cryptocurrency payment services for e-commerce merchants on Shopify through its new partnership with QFPay, a fiat payments provider with more than 1.2 million merchants.
“Shopify users from countries including UK, US, Singapore, Thailand, Indonesia, Hong Kong and more can now begin to accept nine top digital currencies, namely BTC, ETH, BCH, BNB, BUSD, USDT, GUSD, LTC and ACH – the multifunctional utility token issued by Alchemy.”
While sharing details about the collaboration and launch, Shawn Shi, Alchemy Pay’s Head of Product, stated:
“This launch effectively puts the power of cryptocurrency acceptance in the hands of Shopify eCommerce merchants who serviced over 218 million consumers in 2019. We’re truly excited to see how far this step will propel the cryptocurrency space forward!”
Alchemy Pay claims to be the world’s leading cryptocurrency payment solution provider co-founded by a team of seasoned payments experts from Visa, Mastercard, and QFPay. The company notably operates across 18 countries and regions and has signed over 2 million merchants, of which over 3000 have been successfully deployed.