Alchemy Pay, the world’s fastest growing fiat-crypto payment gateway, has announced a new partnership with Kontos to provide zk-powered omnichain infrastructure. This partnership aims to support Kontos’ chain and bring Alchemy Pays On & Off Ramp Solution to its platform.
Excited to partner with @Kontosio, the first user-centric omnichain infrastructure powered by zk! #AlchemyPay has expanded support for the Kontos chain and introduced its On & Off-Ramp solution, allowing global users to easily purchase KUSDT with fiat payments via the #Kontos… pic.twitter.com/T50WvvhFXp
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) May 27, 2024
Alchemy Pay and Kontos simplify KUSDT purchases with direct deposits
This integration will allow global users to easily purchase Kontos stablecoin, KUSDT, using their preferred local currency payment methods on the Kontos Wallet. With easy-to-use ramps that users can use with the support of Alchemy Pay, which allows the platform to make instant deposits. Kontos Wallet users can simply go to the OTC section and choose Alchemy Pay as their settlement institution, then select which fiat currency they want to use to purchase KUSDT.
Additionally, they can purchase KUSDT on the Kontos network through Alchemy Pay and their Ramp platform. The partnership is a big step towards making the Kontos ecosystem more accessible and functional.
Kontos is at the forefront of blockchain innovation by leveraging zk technology to build a continuous omnichain ecosystem. Such technology drastically reduces the hassle of handling and trading assets on multiple networks. Kontos takes some big steps forward by using well-known abstractions such as chains, accounts, assets, and actions to build a model of interacting with multiple blockchains that feels intuitive and natural to the user. user.
Alchemy Pay aims to license payment services in multiple countries
One of the most notable features of Alchemy Pay’s On-Ramp solution is that its support for multiple blockchain networks and easy fiat purchases are well recognized. With operations in more than 170 countries and support for more than 50 fiat currencies, Alchemy Pay enables the purchase of cryptocurrencies via more than 300 global payment methods. These include general options such as Visa, Mastercard, Apple Pay and Google Pay, along with more localized mobile wallets.
Regulatory compliance and security, along with global adoption of cryptocurrencies, makes Alchemy Pay a perfect partner for Kontos. Alchemy Pay is currently applying for licenses for payment and financial services in the UK, US, Canada, Indonesia and Lithuania.
Improving compliance and security is consistent with blockchain’s self-governance philosophy. In addition, Alchemy Pay increases its credibility as a secure and reliable third-party payment service provider in a global perspective by gaining recognition from industry authorities such as VisaCard and Mastercard.