Alchemy Pay has collaborated with Mastercard to bring “NFT Checkout” – a direct payment method for digital artwork – to the market.
Ready-made solution by Alchemy
The integration will improve access to the NFT market, revolutionizing how users interact with digital artwork, according to the company.
According to a Medium post announcing the news, Mastercard has a presence in over 210 countries and a debit card circulation of 1.554 billion, indicating significant potential for NFT adoption.
According to Alchemy Pay, the ready-made solution could benefit businesses. At the same time, users – particularly those who are not crypto-savvy – would have a convenient, mainstream way to purchase non-fungibles.
“This significantly reduces the obstacles associated with lengthy and inconvenient cryptocurrency purchases and transactions.”
ACH’s seven-day performance was up 10.2% as of press time. However, the token has dropped 1.8% in the last 24 hours to $0.02966.
Nonetheless, at the current price, ACH is still 85.1% lower than its all-time high of $0.198666, set on August 6, 2021.
Pay for Alchemy on a Roll
The company recently published its May update, which included several stories. Among the highlights are:
- New payment channels have been added in New Zealand and Australia via the POLi and PayID payment apps.
- Harvard mentions Alchemy Pay for pioneering fiat-crypto bridges in its crypto payment review.
- The UI for the project’s Ramp Service has been updated.
- Its off-ramping service now accepts 22 currencies, including the US dollar, euro, pound sterling, and Japanese yen.
To read our blog on “EU support stricter tax laws for crypto transactions in 2023,” click here
