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The world fastest-growing fiat-crypto payment gateway, Alchemy Pay announced a new partnership with Kontos to provide zk-powered omnichain infrastructure. This partnership intends to back the chain of Kontos and bring Alchemy Pays On & Off Ramp Solution onto its platform.
Excited to partner with @Kontosio, the first user-focused omnichain infrastructure powered by zk!#AlchemyPay has extended support to the Kontos chain and introduce its On & Off- Ramp Solution, enabling 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 enable global users to easily buy Kontos stablecoin, KUSDT with their preferred payment methods in local currencies on the Kontos Wallet. With easy-to-use on-ramps for users to use with support from Alchemy Pay, which allows the platform doing direct 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.
Furthermore, they are able to buy KUSDT on the Kontos network via using Alchemy Pay and their Ramp platform. The partnership is a big move towards making it more accessible and functional within the Kontos ecosystem.
Kontos is a frontrunner in blockchain innovation by utilizing zk technology to build an uninterrupted omnichain ecosystem. Such technology drastically reduces the hassle of dealing with and trading assets on multiple networks Kontos takes this several huge steps forward by using familiar abstractions like chains, accounts, assets and actions to build a model of interacting with multiple blockchains that feels intuitive and natural to the user.
Alchemy Pay Pursues Licensing for Payment Services in Multiple Countries
Among 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 over 170 countries and supporting more than 50 fiat currencies, Alchemy Pay is enabling the purchase of cryptocurrencies via over 300 global payment methods. These include general options like Visa, Mastercard, Apple Pay and Google Pay together with more localized mobile wallets.
Through regulatory compliance and security, along with its global acceptance of cryptocurrencies, Alchemy Pay is 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 the philosophy of blockchain self-custody. In addition to this, Alchemy Pay grows its credibility as a secure and dependable third-party payment service provider at the global perspective by being recognized by industry authorities such as VisaCard and Mastercard.