Algorand partners with Alchemy Pay to drive direct fiat payments

Algorand is bringing direct fiat payment channels into their network through a partnership with Alchemy Pay, a payment solutions provider that connects fiat and crypto economies.

Integrating with Alchemy Pay gives Algorand the ability to onboard users via fiat payment standards such as Visa, Mastercard, PayPal and other local payment channels worldwide. Alchemy Pay will now support Algorand’s ALGO token for payments in 65 countries.