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Alchemy Pay Obtains Remittance License From The Central Bank Of Indonesia

Twitter icon  •  Published 1年前  •  Hassan Maishera

The Alchemy Pay team announced via a Medium post on Monday that it has jointly obtained Indonesian licenses issued by the Central Bank of Indonesia to operate remittances and fund transfers alongside fintech firm PT Berkah Digital Pembayaran.

The Alchemy Pay team announced via a Medium post on Monday that it has jointly obtained Indonesian licenses issued by the Central Bank of Indonesia to operate remittances and fund transfers alongside fintech firm PT Berkah Digital Pembayaran. These licenses will greatly increase the ability of these entities to payout to end users and clients across Asia as well as reduce the operating costs of their payment services, Alchemy Pay added.

Alchemy Pay is a payment system focused on retail transactions at the Point-of-Sale and peer-to-peer remittance. Users can make payments in fiat, stablecoins and other cryptocurrencies on traditional payment systems. Alchemy Pay’s ACH token is up by 5% in the last 24 hours and currently trades at $0.04073. 

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.