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Alchemy Pay Expands into Australia with PayID Integration for Crypto-Fiat Payments
Alchemy Pay Expands into Australia with PayID Integration for Crypto-Fiat Payments
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Alchemy Pay has marked its entry into the Australian market by integrating PayID, a real-time interbank payment system, and securing registration with AUSTRAC as a Digital Currency Exchange Provider. This MOVE enables compliant crypto-to-fiat transactions for Australian users, promising reduced fees, faster processing, and higher success rates.
The integration underscores Alchemy Pay’s strategic expansion in regulated markets, leveraging PayID’s widespread adoption to bridge crypto and traditional finance. No specific cryptocurrencies or exchanges are directly mentioned in the announcement, but the development signals broader accessibility for digital asset transactions in Australia.
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