our white label services have to disclose that their cards are powered by Alchemy Pay? For example, the Amazon credit card operated by Master Card
They do not have to, which is the purpose of whitelabel solutioning. It has no label so the client can put their branding on it. Mastercard or Visa will still be on the card for sure. The solution Alchemy Pay has 3 functionalities:
A) Software for cardholders to operate the application, issuance, top ups and other operations of the crypto card
B) Channels to convert crypto to fiat
C) Working with principal issuers of VISA and Mastercard
2) Is there a number of tokens that would have to be pledged in order to use / have the card? And if the price of the token changes, would the amount of the pledge token change as well?
The white label service is only for corporations looking to issue their own branded cards who have to pledge ACH to use the entire system, pay annual fees and transaction fees in ACH. The only cards we issue to consumers are the NFT cards which are only by invitation due to it being limited edition.
3) Could companies using our white label services use their own token to stake / pledge or must they use the ACH token?
They can only use ACH.
John Tan - the CEO of Alchemy Pay
If the the white label crypto cards are only for the corporation. Why did they release a video of everyday consumers using it to purchase things lol. I’m confused
Who will end up receiving and using the cards when an enterprise acquire our Credit Card WHITE LABEL solution? 😂
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