Alchemy Pay Partners with Mesh to Facilitate Direct Crypto Payments from Exchange Accounts and Wallets

Date – 13-Aug-2024

Alchemy Pay Partners with Mesh to Enable Seamless Crypto Payments from Exchange Accounts and Wallets

Alchemy Pay, a leading fiat-payment gateway, has announced a strategic partnership with Mesh, a cutting-edge crypto connectivity platform. This collaboration integrates the Mesh API into Alchemy Pay’s crypto payment solution, allowing users to make purchases at both online and offline merchants using crypto funds directly from their exchange accounts and wallets.

The integration with Mesh expands the range of crypto payment options available to users, beyond traditional direct transfers, crypto cards, and Web3 crypto wallets. Users can now utilize balances from their exchange accounts, such as Coinbase, and wallets like MetaMask for various transactions, including online shopping, travel bookings, offline services, and with any merchant that accepts Alchemy Pay.

This partnership enhances the payment experience by making asset transfers more seamless, intuitive, secure, and efficient. Mesh’s technology ensures that user assets and personal information remain secure, as the platform does not handle or store any sensitive data.

Mesh’s connectivity supports secure and streamlined crypto deposits and payments from over 300 leading exchanges and wallets, with notable partnerships including MetaMask and the Sui Network. In January, Mesh received a $6.5 million investment from PayPal Ventures, which included $5 million in PYUSD transferred on-chain via the Mesh API.

“We are excited to partner with Mesh to enhance our crypto payment offerings,” said Robert McCracken, Ecosystem Lead at Alchemy Pay. “This collaboration provides our users with greater flexibility and convenience, ensuring a secure and seamless payment experience across multiple platforms. Together with Mesh, we aim to drive innovation and expand the potential of crypto payments.”

Bam Azizi, CEO and Co-Founder of Mesh, added, “Alchemy Pay has been pivotal in bridging fiat and crypto worlds. We are thrilled to collaborate with them to further improve the payment process and enhance the global crypto user experience.”

Alchemy Pay continues its mission to bridge the gap between fiat and crypto economies. With a network spanning over 300 payment channels across 173 countries and regions, supporting more than 50 fiat currencies and various payment methods, including Visa, Mastercard, Apple Pay, Google Pay, and local mobile wallets, this partnership with Mesh further strengthens Alchemy Pay’s ability to facilitate seamless crypto asset usage.