Hardware wallet maker Ledger has integrated Alchemy Pay’s fiat-crypto payment solution into its Ledger Live wallet app.
Ledger announced that Alchemy Pay (ACH)’s on- and off-ramp solution is now part of the Ledger Live crypto wallet app, a move that streamlines users’ access to crypto buying and selling.
Ledger Live is the hardware wallet maker’s mobile and desktop app that allows users to manage and use cryptocurrencies through an easy-to-use interface.
The integration of Alchemy Pay brings crypto asset purchases to users across 173 countries, with on- and off-ramping available for more than 50 fiat currencies. Alchemy Pay supports all major payment methods, including credit cards, bank transfers, and mobile wallets. The payments gateway, founded in 2017, offers support for both Visa and Mastercard.
In December 2024, Alchemy Pay Alchemy announced its plans to launch a layer-1 blockchain. The Alchemy Chain will be built on Solana (SOL) Virtual Machine.
Earlier this year, Alchemy Pay, scored a significant milestone when it secured registration as a digital currency exchange provider. The company received approval from the Australian Transaction Reports and Analysis Centre in late January. AUSTRAC allowed Alchemy Pay to expand its fiat-to-crypto payment solution to customers in Australia.
Alchemy Pay’s growth has included expansion efforts in the U.S., with partnerships such as the one with Kraken cementing its traction in the market.
Ledger’s wallet offering provides support for Bitcoin (BTC) and more than 500 cryptocurrencies and tokens. Other than the storage of crypto assets, other services include trading, spending and managing of non-fungible tokens. The company designed Ledger Live to offer a user-friendly interface to support adoption of cryptocurrencies.
In August 2024, Ledger announced a new integration with Revolut, with this set to allow wallet users in select European Economic Area countries easy access to crypto purchases via Ledger Live. The integration with Revolut allowed users in the EEA to acquire crypto with Visa or Mastercard as they onboard to web3, the companies said at the time.
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