Alchemy Pay, a crypto payments solutions provider, recently launched expanded payment options for customers in Europe and the U.K with the Euro Instant solution, SEPA Instant and the British fast e-money transfer solution, Faster Payments. The two new channels, available in 30 European countries and the U.K following Know Your Customer checks, bring with them increased capacity, through their transfer limits of up to $5,460 (SEPA Instant) and $6,320 (Faster Payments).
The reach of Faster Payments is set to experience significant growth in the decade ahead, with more than 5.7 billion in remote banking payments anticipated to be processed by 2031.
SEPA Instant has likewise been integral in facilitating daily transfers with an average daily value of 2 billion Euros in the past five months.
Already operating with 300 fiat payment channels in 173 countries, not least in Southeast Asia, Alchemy Pay is seeking to expand its payment services across the globe, securing U.S.elicences such as Iowas and Arkansas as well as licensing addtions in Indonesia and Lithuania
in February, all in 2023.
An intriguing case to follow is the crypto token named after Elon Musk’s AI chatbot X Pho after the entrepreneurs cursory broadcast out to advertising agencies, with the values of the limited token climbing 2000%.
