Alchemy Pay, a leading crypto payment platform with over one million registered users, has just taken another leap in expanding its reach. The company has integrated its virtual cards with Samsung Pay, bringing seamless crypto payments to the fingertips of half a million users worldwide.
This announcement, made on October 8, follows a recent integration with Google Pay in September, showcasing Alchemy Pay’s aggressive push into the mobile payment space.
Samsung Pay, a mobile wallet service from Samsung Electronics, now allows Alchemy Pay users to make payments using their virtual crypto cards at a wide range of in-store and online retailers.
From tech giants like the Apple Store to popular services such as Amazon, Netflix, eBay, and even ChatGPT Plus, users can enjoy flexible and convenient crypto spending.
Alchemy Pay reports that this partnership opens up an exciting opportunity for its growing user base, which currently includes 500,000 crypto cardholders.
With this new integration, the company expects to see substantial demand, especially from indirect users accessing their services through Samsung Pay.
In 2020, Samsung Pay partnered with Swipe, another crypto payment provider, showing its ongoing commitment to enhancing its payment platform with crypto capabilities.
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For those eager to get started with Alchemy Pay’s virtual card on Samsung Pay, the process is straightforward. Users need to confirm the compatibility of their virtual card on the Alchemy Pay website before linking it to the Samsung Pay app. Once added, they can immediately begin making crypto payments.
Looking ahead, Alchemy Pay has ambitious plans to broaden its integration with major card networks, including Visa, Mastercard, and American Express. This development is part of its mission to provide full-scale support across various payment platforms.
Since its founding in 2017 in Singapore, Alchemy Pay has been pioneering fiat-to-crypto on-ramps. The platform added Apple Pay support earlier this year, enabling users to purchase crypto with fiat currencies like the U.S. dollar and the euro, further solidifying its position as a key player in the digital payments industry.
