Alchemy Pay announced a new partnership with Samsung Pay allowing users to facilitate fiat-to-crypto transactions more easily.
Alchemy Pay's Partnership with Samsung Pay
Alchemy Pay has partnered with Samsung to integrate fiat-crypto payments through Samsung Pay. Users will be able to link their Alchemy Pay virtual cards to Samsung Pay for secure and fast transactions.
New Virtual Card Feature
Alchemy Pay updated its virtual card service, allowing users to connect their cards to Samsung Pay for shopping online or in-store. This enhancement facilitates the practical use of cryptocurrency for everyday purchases.
Market Impact
Following the partnership announcement, the price of Alchemy Pay (ACH) increased by 6%. Such projects continue to showcase the growing integration of cryptocurrencies into financial systems.
Alchemy Pay's partnership with Samsung Pay highlights the significance of innovations in cryptocurrency payments and their integration into everyday financial operations.