Alchemy Pay, a world-leading fiat-payment gateway, has announced a strategic partnership with Mesh, a pioneering connectivity layer for cryptocurrency. This collaboration aims to simplify and enhance the crypto payments landscape by integrating Mesh’s API into Alchemy Pay’s comprehensive crypto payment framework.
The partnership enables Alchemy Pay to offer customers a more versatile range of crypto payment methods. Users can now leverage their cryptocurrency funds directly from exchanges and wallets, such as Coinbase and MetaMask, to purchase goods and services both online and offline. This integration extends beyond traditional crypto transactions, introducing the ability to utilize exchange account balances for various transactions, including e-commerce purchases, travel bookings, and even offline services like power bank rentals.
Mesh’s platform significantly enhances the user experience by providing an intuitive, secure, and efficient asset transfer process. Notably, it operates without accessing or storing personal user information, ensuring heightened security and privacy for users.
In addition to enabling direct crypto transactions, Mesh offers robust support for crypto deposits and on-ramping, thanks to its connections with over 300 leading exchanges and wallets. The company has also forged strategic alliances with industry giants such as MetaMask and the Sui Network. Earlier this year, Mesh received a $6.5 million investment from PayPal Ventures, underscoring its commitment to advancing the crypto payment infrastructure.
Robert McCraken, Ecosystem Lead at Alchemy Pay, expressed enthusiasm about the partnership: “We are thrilled to partner with Mesh to enhance our crypto payment solutions. This collaboration allows us to offer our users more flexibility and convenience in using their crypto assets, ensuring a seamless and secure payment experience across various platforms. Together with Mesh, we are committed to driving innovation and expanding the possibilities of crypto payments.”
Bam Azizi, CEO and Co-Founder of Mesh, echoed this sentiment: “Alchemy Pay has been instrumental in bridging the gap between fiat and crypto. We are excited about this partnership to further enhance the payment process and work towards our shared goal of providing a superior experience for crypto users across the globe.”
This partnership marks a significant step forward in the evolution of crypto payments, combining the strengths of both companies to deliver more accessible and secure options for users worldwide.
