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.
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