Wednesday, February 5, 2025

Samsung Pay Embraces Crypto Payments with Alchemy Pay Integration

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Originally published on: October 08, 2024

Samsung Pay users now have a new cryptocurrency payment option thanks to the integration of Alchemy Pay’s virtual cards. Alchemy Pay, a prominent crypto payment provider boasting over one million users, has added Samsung Pay support to one of its virtual cards.

This exciting development was announced by Alchemy Pay on October 8, just weeks after successfully integrating with Google Pay in September. Samsung Pay, an established mobile payment and digital wallet service by Samsung Electronics, now enables Alchemy Pay users to make crypto payments both online and in-store at select retailers.

Notable platforms where users can utilize their virtual crypto cards include ChatGPT Plus, the Apple Store, Midjourney, Amazon, Netflix, Facebook, and eBay, among others. Alchemy Pay anticipates a surge in demand from indirect users due to its collaboration with Samsung Pay.

In a bid to expand payment platform compatibility, Alchemy Pay is working toward achieving full integration with key card networks like Visa, Mastercard, and American Express. This move underscores the company’s commitment to scaling and enhancing its supported payment channels.

To get started with making crypto payments via Samsung Pay, users must first visit the Alchemy Pay website to ensure their virtual card is compatible. Thereafter, adding the card to Samsung Pay via the app unlocks a seamless crypto payment experience for users.

In addition to its partnership with Samsung Pay, Alchemy Pay has also collaborated with other major players in the industry. In 2020, Samsung Pay joined forces with Swipe to facilitate payments using the Swipe Visa card balances.

With Alchemy Pay’s dedication to providing innovative payment solutions, the future looks promising for crypto enthusiasts looking to seamlessly integrate digital assets into their everyday transactions. Stay tuned for more updates on the evolving landscape of crypto payments.

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