Crypto gateway Alchemy Pay scores license in Indonesia

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Crypto gateway Alchemy Pay scores license in Indonesia
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Fiat-to-crypto gateway Alchemy Pay is expanding services in Asia by scoring a license issued by the central bank of Indonesia.

as a payment service provider under license category 3. The firm is mainly known for its BDPay platform, which offers local and cross-border remittance services to retail and corporate clients. The platform also offers client payroll services and transfers via bank application programming interfaces , allowing users to transfer to 136 banks in Indonesia.

Alchemy Pay’s cryptocurrency on-ramp supports payments via Mastercard, Visa, Google Pay, Apple Pay and a number of other regional mobile wallets like BDPay. The platform so far operates in 173 countries.

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