Alchemy Pay has teamed up with Web3 gaming and AI hub Xterio to enable fiat payment NFT transactions in the Xterio marketplace.
The integration allows its users to buy NFTs with conventional payment systems such as local state currency, resident payment cards and credit cards.
This latest payment protocol eliminates the conversion of funds into cryptocurrency prior to transacting.
Gas fee handling and transaction processing are also automated with the NFT Checkout feature, making it much easier to buy and reduces the entry threshold to those interested in interacting with NFTs.
The ecosystem of the Alchemy Pay enables a swift and safe checkout and can be used by users worldwide, thus simplifying the process of acquiring NFTs.
Plug-and-play integration
The plug-and-play integration is designed to help Web3 platforms such as Xterio to increase their fan base. It also encourages businesses to accept the old users by accommodating the old payment methods.
The NFT Checkout of Alchemy Pay has already been implemented on multiple decentralized platforms and provides stable functioning and intuitive usage.
By integrating this system, Xterio will gain more transactions and user traffic.
The integration with fiat checkout corresponds to Xterio intending to simplify Web3 gaming infrastructure and accessibility to built-in blockchain content.
Alchemy Pay is on-going to develop instruments to bridge the gap between traditional finance (DeFi) and decentralized services.
It offers NFT checkout and crypto ramps, as well as Web3 banking capabilities. The collaboration with Xterio also puts the two companies in a position to facilitate the increased usage of digital assets by way of improved payment systems.
