Volt’s real-time payment capabilities chosen by Alchemy Pay

London, 23rd July 2024: Volt, the global real-time payments platform, today announces its new strategic partnership with Alchemy Pay, the leading fiat-crypto payment gateway. By integrating Volt’s advanced open banking payment initiation capabilities into its on-ramp service, Alchemy Pay aims to unlock significant growth by expanding its coverage in key European markets, which will further facilitate real-time euro payouts for users purchasing cryptocurrencies.

With the integration of Volt’s pan-European real-time payment network, Alchemy Pay is set to enhance the user experience by offering a seamless and efficient platform for global fiat-crypto transactions. Designed to boost conversion rates by optimising payment flows and tackling fraud, the partnership with Volt will deliver effortless and secure euro-to-cryptocurrency payments for users in European countries.

With more payment channels integrated, Alchemy Pay is expected to drive increased adoption of cryptocurrency by simplifying the conversion process and making it more accessible to a global audience. Volt's real-time payment network, renowned for its speed, security, and reliability, aligns perfectly with Alchemy Pay's commitment to providing top-tier fiat-crypto payments.

In addition to its robust presence in European countries, Alchemy Pay has also established a strong foothold in emerging markets such as Southeast Asia, Latin America, and Africa. Its extensive payment channels have effectively penetrated local markets by integrating with preferred local mobile wallets and bank transfer systems. Currently, Alchemy Pay supports 173 countries and over 50 fiat currencies, with the ambitious goal of achieving 100% global coverage in all crypto-accessible countries this year.

Strategic partnerships like the one with Volt enable Alchemy Pay to combine expertise and technological advancements, offering enhanced benefits to its users. This collaboration promises to deliver superior services, driving the adoption of cryptocurrency by making transactions more accessible and efficient globally.