PANews reported on November 7 that Pundi X announced that it will integrate Alchemy Pay's fiat-to-cryptocurrency conversion service into its decentralized payment platform, which is expected to be launched in the first quarter of 2025. Through this cooperation, merchants using Pundi X's self-custodial payment system will be able to easily complete the conversion between fiat and cryptocurrency, thereby simplifying the payment and settlement process. After registering with Alchemy Pay, merchants can use its powerful payment network to accept fiat payments and convert them to cryptocurrencies, or convert cryptocurrencies to fiat, further expanding their payment options.
Pundi X co-founder and CEO Zac Cheah said the integration is in line with the company’s vision to drive financial inclusion. Robert McCracken, head of ecosystem at Alchemy Pay, added that the partnership will effectively connect the fiat and cryptocurrency economies, providing merchants with convenient tools to participate in the digital economy.
