According to the announcement, Alchemy Pay has established a partnership with payment giant Mastercard.

Accordingly, Alchemy Pay, the world’s leading fiat-crypto payment gateway, announced that it has partnered with Mastercard to verify real users and prevent fraud in the application process.

“Increase security with Mastercard!

Together with Mastercard, AlchemyPay can better verify actual real users and prevent potential fraud during account application, all while making registration a seamless experience.

This means a seamless registration process for you and a safer platform for everyone.”

While the ACH price rose following the announcement, it gave back most of its gains.

Level up security with @Mastercard!

Together with #Mastercard, #AlchemyPay can better verify authentic genuine users and prevent potential fraud during account application, all while making registration a seamless experience.

This means a smooth signup process for you, and a… pic.twitter.com/mY2yE7aPP9

— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) July 11, 2024

*This is not investment advice.