PANews, November 7 news: Pundi X announced that it will integrate Alchemy Pay's fiat and cryptocurrency conversion services into its decentralized payment platform, expected to launch in the first quarter of 2025. Through this collaboration, merchants using Pundi X's self-custody payment system will be able to easily convert fiat to cryptocurrency and vice versa, thereby streamlining payment and settlement processes. After registering with Alchemy Pay, merchants can use its powerful payment network to accept fiat payments and convert them to cryptocurrency or convert cryptocurrency to fiat, further expanding their payment options.
Pundi X co-founder and CEO Zac Cheah stated that this integration aligns with the company's vision of promoting financial inclusion. Robert McCracken, head of Alchemy Pay's ecosystem, added that this collaboration will effectively connect the fiat and cryptocurrency economies, providing merchants with convenient tools for participation in the digital economy.