Alchemy Pay has launched in Australia, integrating PayID to facilitate real-time crypto-to-fiat payments, following its registration as a Digital Currency Exchange Provider with AUSTRAC. This move aims to enhance compliance and support for Australian users by offering reduced fees and faster processing times. PayID, a popular payment method, allows swift bank transfers using simple identifiers, eliminating the need for traditional account details. Alchemy Pay’s expansion aligns with its global strategy, which includes various integrations in Europe and Southeast Asia. This development is expected to ease market entry for Australian crypto projects and promote wider adoption.
Alchemy Pay integrates PayID, enabling crypto payments to Aussie bank accounts
