The leading digital asset and cryptocurrency trading platform MEXC Global has teamed up with the leading fiat-crypto payment gateway provider, Alchemy Pay (ACH), to provide multiple pay-in and pay-out methods for users in Japan, Korea, and Indonesia. The partnership will allow Indonesian users to withdraw funds to bank accounts and enable the depositing of funds via Visa and Mastercard in Japan and Korea.
Indonesia has developed into a crypto hotspot over the past year.
Indonesia has developed into a crypto hotspot over the past year, and MEXC Global can now leverage Alchemy Pay’s multiple channels to offer customers a complete service of any exchange there. Along with the withdrawal-to-bank capability, Alchemy Pay’s local fiat payment channels include virtual account payments, so users can deposit funds into their MEXC Global account by bank transfer. The mobile wallets GoPay, OVO, Dana, LinkAja, ShopeePay, and BCA Mobile, can also now be used for limited sum deposits.
Alchemy provides on and off-ramps for crypto and fiat.
Alchemy Pay is known for providing on and off-ramps for seamless movement between cryptocurrencies and fiat currencies and has become increasingly prominent in the crypto space as a bridging service for the industry over the past 12 months. Collaborating with one of crypto’s biggest exchanges represents another step forward. CEO John Tan commented, “We are now gaining a real foothold in Japan and Korea, as well as adding to our operational services in Indonesia. Our crypto payment network in these markets will continue to expand from here, as will the services we can offer to partners.”