Alchemy Pay Introduces New Ways To Buy Crypto In Europe And The UK
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Alchemy Pay Introduces New Ways To Buy Crypto In Europe And The UK

Alchemy Pay crypto payment platform is scaling up its payment options by adding new ways to buy crypto in Europe and the UK.

Currently, Alchemy Pay has introduced new deposit options, including the euro instant solution, Single Euro Payments Area (SEPA) Instant, and the UK fast money transfer option, Faster Payments.

Announcing the news on Nov. 29, Alchemy Pay stated that the new payment options aim to simplify purchasing cryptocurrencies like Bitcoin, enabling transfers to be processed in “seconds to a few minutes.”

With SEPA Instant, European Alchemy Pay customers can buy up to 5,000 euros ($5,460) in cryptocurrency, while Faster Payments has a transfer limit of up to 5,000 British pounds ($6,320). 

These two new channels are accessible to users in 30 European countries and the U.K. after completing Know Your Customer checks.

Europe’s SEPA Instant payments and Faster Payments in the U.K. join a range of supported local payment channels, such as the Polish Blik payment system, Bancontact, Skrill and others.

“This move further amplifies Alchemy Pay’s payment network throughout Europe, surpassing emerging markets and broadening its influence,” the announcement states.

According to the announcement, Alchemy Pay currently supports 300 fiat payment channels across 173 countries, mainly in Southeast Asia. 

The platform is actively expanding its payment service worldwide, adding new licenses in the United States recently, including the states of Iowa and Arkansas.

Alchemy Pay has also received a Money Services License in Iowa, making it the platform’s second compliant license in the United States.

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