Alchemy Pay, to offer low-cost remittance transactions for crypto users in Indonesiapartnered with a local fintech.
Alchemy Paylocal fintech firm Berkah Digital Pembayaranin order to carry out remittance and fund transfers in partnership with Licensed by the Central Bank of Indonesia.
Alchemy Pay Expands Its Services in Asia
on February 27announcing Alchemy Pay, Bank Indonesia’slicenses Alchemy Pay and Berkah Digitalplatform to BDPayHe stated that it gives jointly and allows companies to offer better payment methods and reduce related operating costs.
Bank Indonesia’saccording to the data on the official website Berkah Digital is listed as a payment service provider under the third license category. The firm primarily provides local and cross-border remittance services to retail and corporate clients. BDPay known for its platform. The platform also offers customer payroll services and transfers via bank application programming interfaces, allowing users to make transfers to 136 banks in Indonesia.
Alchemy Pay’scryptocurrency platform, Mastecard, Visa, Google Pay, Apple Pay and BDPay It supports payments through a number of regional mobile wallets, such as The platform operates in 173 countries so far.
Founded in Singapore in 2018 Alchemy Pay is a major global crypto-fiat payment platform known for its partnerships with crypto giants like Binance. The firm also launches its own utility token, Alchemy Pay (which is issued on the Ethereum blockchain). ACH) operates. ACH, is an important part of the Alchemy Pay network and transaction fees are manages network rewards and other processes.
