Alchemy Pay and ZD Group Enter Strategic Cooperation to Boost Crypto Payment Solutions

03/13/2023 06:53 • Digital Disruptors • 171 views

According to the official announcement, the encrypted payment gateway announced that it had cooperated with the parent company of the global investment fund Mouette Securities, ZD Group. Under this strategic cooperation framework, ZD Group provides Alchemy Pay with investment and shares four financial licenses authorized by the Hong Kong Securities and Futures Commission (SFC) and the Insurance Industry Regulatory Authority (IA), while Alchemy Pay promises to provide encrypted payment solutions for all businesses of ZD Group.

Encrypted payment gateway Alchemy Pay cooperates with ZD Group to share its four Hong Kong financial licenses

Analysis based on this information:

Cryptocurrency payment is becoming widely accepted as a mode of payment globally. Many businesses are incorporating crypto payment solutions to cater to Crypto users because of its convenience and its capacity to guarantee secure transactions. Alchemy Pay is a renowned encrypted payment gateway company that facilitates cryptocurrency payment solutions. According to an official announcement, Alchemy Pay has initiated strategic cooperation with its parent company, ZD Group. This cooperation is aimed at promoting crypto payment solutions globally.

ZD Group is the parent company of the Mouette Securities, a global investment fund. The cooperation framework, therefore, stipulates that ZD Group will provide Alchemy Pay with investment and authorize it with four financial licenses approved by the Hong Kong Securities and Futures Commission (SFC) and the Insurance Industry Regulatory Authority (IA).

Currently, Hong Kong is one of the leading cities in the world that supports cryptocurrency payment solutions, with an increasing number of businesses adopting this technology. Therefore, the financial licenses granted by the SFC and the IA provide Alchemy Pay with a requisite regulatory clearance for facilitating cryptocurrency payment in Hong Kong, boosting confidence in Crypto payment solutions.

Moreover, as part of the cooperation, Alchemy Pay commits to providing encrypted payment solutions for all businesses operating under the ZD Group. This agreement will expand the adoption of crypto payment solutions by both companies, enabling them to leverage the expansive network of businesses attached to their respective brands. This initiative will also promote Crypto payment solutions beyond the borders of Hong Kong, consequently enhancing its legitimacy globally.

In conclusion, the strategic cooperation between Alchemy Pay and ZD Group will create a conducive environment for promoting the adoption of cryptocurrency payment solutions, significantly improving the global acceptance of this concept. This agreement emboldens the confidence of Crypto payment solutions, propelling its legitimacy and adoption globally.

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