HomeNEWSAlchemy Pay partners Danal to enhance crypto payments

Alchemy Pay partners Danal to enhance crypto payments


Follow us


Renowned crypto payment provider, Alchemy Pay has secured a strategic collaboration with Danal, a top Fintech company and specialist in virtual asset payment.

In a press release dated June 25, Alchemy Pay emphasized that it signed Memorandum of understanding (MOU) with the Korean virtual asset firm to enhance the appeal of their solutions in the global market and improve mutual cooperation.

In the announcement, Alchemy said its partnership with Danal underscores its commitment to fostering synergies through extensive collaboration with top brands and expansion of its ecosystem. It added that both teams will work together to bring expertise into the physical and digital asset payment landscape. More so, the strategic relationship is expected to be the driving force of the Korean payment system that’s poised for long-term growth.

Sharing insights into the deal, the CEO of Danal Son Kyung-hwan said its collaboration with Alchemy Pay will play a massive role in its global market expansion. More so, the exec says both firms are discussing how they can improve the competitiveness of their products in the global market.

Danal, Alchemy Pay to improve Korean digital market

Danal looks to strengthen ties and provide an enabling atmosphere for international business expansion. As such, it is no surprise that it has continued to broaden its relationship with top payment brands worldwide. Don’t forget that it also collaborated with Paypal, another famous payment firm. However, given its agreement with Alchemy Pay, Danal strengthens its global payment network. The firm sees this feat as a major opportunity to enhance its market visibility and drive its growth.

Meanwhile, Alchemy Pay believes the Korean market is one of the biggest hubs for digital assets and sees its collaboration with Danal as a significant step to driving its development. Considering Danal’s rich experience in real-world virtual asset payments, Alchemy Pay says it looks forward to working together with its team to actively build a global payment cooperation system.

Established in 2017, Alchemy seeks to bridge the gap between cryptocurrencies and fiats. To provide optimal service and cement its presence across the globe, the firm has partnered with numerous international brands.

Read More:

Dare Ibitoye
Dare Ibitoye
Over the years, Dare has been a committed reporter in the field of cryptocurrencies. He is also interested in researching about the innovative projects within the blockchain space. During his spare time, Dare loves to listen to music and read about technological trends in the contemporary world

Most Popular