The post Alchemy Pay Partners with Yellow Card to Revolutionize Crypto Access Across Africa appeared on BitcoinEthereumNews.com.

Significant developments are happening in the African Fintech sector. Alchemy Pay, a fiat-crypto payment solution provider, has agreed to become a strategic partner to Yellow Card, one of the biggest Fintech firms in Africa. This partnership will enable the purchase of tokens using local currencies throughout Africa and the inclusion of millions of clients to increase their financial utilization. Increasing Financial Access with Local Currency Integration The integration of Yellow Card’s flexible payment structure with Alchemy Pay’s crypto-fiat gateway solutions will enable users to transact in their local currencies. This partnership will be a real game-changer for African users who will be empowered to purchase and sell the cryptocurrency, all in a relatively cheap and efficient manner. The cooperation will benefit states such as Botswana, Cameroon, Rwanda, South Africa, Uganda, Zambia, and others in local currency BWP, XAF, ZAR, UGX, ZMW, etc. Such integration will effectively reduce the hurdles to adopting cryptos in the region by providing conventional payment options. Empowering Innovation and Financial Inclusion According to the Ecosystem Lead at Alchemy Pay, Robert McCracken,  “Yellow Card has established itself at the cutting edge of digital payments across Africa. With their support for local payment rails there, Alchemy Pay can quickly extend its on-ramp coverage to serve millions of new users in these regions.” He called for expansion and creativity as the use of cryptocurrencies advances across the continent. According to Gillian Darko, the Chief of Staff and Director of Strategy at Yellow Card,  “We are excited about this partnership with Alchemy Pay as it reinforces our commitment to accelerating financial growth across the continent.” About Alchemy Pay Alchemy Pay is a payment gateway established in 2017 in Singapore, and its primary aim is to bridge the fiat currency and cryptocurrency sectors. With a presence in 173 countries, Alchemy Pay…

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Filed under: News - @ October 16, 2024 7:17 am