Visa Selects This Altcoin As “Official Payment Provider”: Price Soaked!

World-renowned payment giant Visa, Alchemy Pay (ACH) altcoin announced that it has listed it as an official service provider. This is a significant move for the company as it allows them to strengthen relationships with major payment institutions and expand their reach to a wider audience.

After the development, the ACH price made a sudden jump. The price of the altcoin rose by approximately 40% following the development.

Daily chart showing the rise in ACH price after the VISA announcement.

Alchemy Pay (ACH) Altcoin Team Announces Development On Their Official Website

Alchemy Pay with traditional fiat currency cryptocurrency It is a payment gateway that facilitates transactions between In this way, Visa cardholders in 173 countries will be able to purchase cryptocurrencies using their Visa cards.

According to the statement, the company’s On and Off Ramp solution is fully customizable and supports major global and regional payment methods, including Mastercard, Visa and Apple Pay.

Alchemy Pay is registered as an ISO Reseller as part of Visa’s Third Party Intermediary (TPA) Program; This means that Visa can conduct vendor solicitation, sales, customer service, vendor transaction request or vendor training activities on behalf of Visa customers.

Visa’s global network facilitates digital payments in more than 200 countries and territories, and there are currently 3.9 billion Visa cardholders worldwide. Alchemy Pay, which has become an official Visa service provider, is now in a position to take advantage of this wide network and offer its services to a much wider audience, according to the developers’ statement.

This move also shows that Visa is open to working with crypto-related companies and is looking to expand its reach in the digital asset space.

*Not investment advice.

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