Samsung Pay expands crypto payments options via Alchemy Pay partnership
Alchemy Pay users can link their virtual cards to Samsung Pay, enabling payments with crypto online and in-store, according to an Oct. 7 announcement.
Over 500,000 users of Alchemy Pay’s virtual card can now use their crypto for retail payments in the 24 countries where Samsung Pay is available.
Regions supported by Samsung Pay include Asia, Africa, North America, South America, Europe, and Australia. Additionally, the announcement highlighted that the payment gateway is accepted by millions of merchants and handles billions of dollars in volume annually.
This is Samsung Pay’s second high-profile crypto integration since entering the sector in May 2020, when Swipe enabled the use of its Visa Debit cards with Samsung Pay…