| 
| Alchemy Pay 
| #ACH
|
| ACH Price: | $0.016 | | Volume: | $7.6 M | | All Time High: | $0.19 | | Market Cap: | $0.1 B |
|
| Circulating Supply: | 6,791,178,662 |
| Exchanges: | 18
| | Total Supply: | 10,000,000,000 |
| Markets: | 28
| | Max Supply: | — |
| Pairs: | 8
|
|
The price of #ACH today is $0.016 USD.
The lowest ACH price for this period was $0, the highest was $0.016, and the exact current price of one ACH crypto coin is $0.01576.
The all-time high ACH coin price was $0.19.
Use our custom price calculator to see the hypothetical price of ACH with market cap of BTC or other crypto coins. |
The code for Alchemy Pay is #ACH.
Alchemy Pay is 3 years old. |
The current market capitalization for Alchemy Pay is $107,019,961.
Alchemy Pay is ranked #183, by market cap (and other factors). |
The trading volume is big today for #ACH.
Today's 24-hour trading volume across all exchanges for Alchemy Pay is $7,638,140. |
| The circulating supply of ACH is 6,791,178,662 coins, which is 68% of the total coin supply. |
Alchemy Pay Merchandise Design Contest
Alchemy Pay is excited to announce a new merchandise design competition! We’re looking for creative and innovative designs to print on our merchandise, and we want to see what our community can come up with. Date: 20/4 – 4/5 Prize: 100U $ACH There is no limit to the type of merchandise, it can be a pen, a pillow, or anything interesting you can think of! The competition is open to everyone, and the winner will receive a prize of 100U. The winning design will be printed on our merchandise. To enter, simply submit your design in response to this tweet: twitter.com The competition will run for two weeks, and the winner will be announced on Twitter. We can’t wait to see your designs!
| 
Alchemy Pay Focused on Hong Kong
Leading fiat-crypto on and off ramp provider, Alchemy Pay, set out its plan to become one of the first major entities to receive Hong Kong’s new crypto license at the state’s Web3 Festival. The firm’s spokesperson, Robert McCracken, took to the stage to demonstrate the importance of fiat-crypto gateway payments for creating a highly accessible Web3 industry as Hong Kong plans to become one of the world’s major hubs for blockchain development. Alchemy Pay was at the centre of the festival with a booth, numerous co-hosted evening events and large scale billboard advertising campaign across Hong Kong. The inaugural Web3 Festival, hosted by Wanxiang Blockchain Labs and HashKey Group and supported by the Hong Kong government, was the largest crypto-focused conference Hong Kong has ever hosted. The four-day event saw over 10,000 attendees, 300 distinguished speakers, VCs and senior finance and fintech executives from around the world congregate to network, share, and learn through high-level content and panel discussions. Speakers included Binance CEO, Changpeng Zhao, Dr. Xiao Feng, Chairman of Wanxiang Labs, and multiple Hong Kong government officials. Prior to Alchemy Pay’s presentation, the Hong Kong Financial Secretary, Paul Chan, gave a rousing speech extolling the possibilities for crypto industry development. “The premise of Web3 development is that the stability of the financial system and investor protection sh... 
| 
Bitget Teams up With Alchemy Pay for Globally Accessible On Ramp Solution
The world-leading crypto exchange, Bitget, has launched Alchemy Pay’s on ramp solution on its platform. Alchemy Pay’s payment ramp supports payment with Visa, MasterCard, Discover and Diners Club in 173 countries, as well as numerous popular fiat mobile wallets in emerging markets. The ramp integration makes it easier for the public to purchase cryptocurrencies using local fiat currencies on Bitget. As a leading payment solution provider, Alchemy Pay has been at the forefront of the crypto payment industry, leveraging blockchain technology and traditional fin-tech experiences to enable fast, secure, and cost-effective cross-border transactions. This is thanks to Alchemy Pay’s network which boasts an impressive 300+ fiat payment channels. With 300+ alternative payment channels options, the users can enjoy an easy fiat payment experience which goes beyond cards and access local mobile wallets. Since its establishment in 2018, Bitget has provided services for more than 8 million registered users with a regular 24-hour trading volume of over $10 Billion. Its vision is to inspire individuals to embrace crypto and connect with the future, and aims to be the portal that transcends Web2 and Web3, connects CeFi and DeFi, and bridges the vast web of crypto. About Bitget Established in 2018, Bitget is the world’s largest crypto copy trading platform. Serving over 8 million users in more than 100 countries and regions, the exch...
| 
Alchemy Pay Partners BingX to Boost On & Off Ramps Solution
Alchemy Pay has teamed up with BingX to introduce a globally accessible on-ramp and off-ramp solution on its platform, making it convenient and secure for users to purchase and sell cryptocurrencies using local fiat currencies. Through this ramp integration, Alchemy Pay will provide its crypto and Web3 services with access to fiat payments, opening up new levels of mainstream accessibility. Alchemy Pay’s payment ramp supports fiat deposits in more than 300+ fiat payment channels, including Visa, MasterCard, Discover and Diners Club, as well as numerous popular fiat mobile wallets in emerging markets. Through its remittance partners, Alchemy Pay’s ramps also facilitate convenient offboarding from crypto to fiat via bank accounts in 50+ fiat currencies. With its ramp solution, Alchemy Pay’s payment network is now offering a direct-to-consumer (D2C) solution. The ramp makes buying and selling crypto with domestic local currencies as easy as a transaction on Amazon or eBay. “We are excited to collaborate with Alchemy Pay to provide our users with a seamless fiat-to-crypto payment experience on our platform,” said Elvisco Carrington, PR and Communications Director of BingX. “This partnership will allow us to offer a wider range of payment methods and enhance the overall user experience. And we will keep exploring more solutions for dynamic demands and challenges in the future.” About BingX BingX is a leading crypto ...
| 
Convenient Crypto Purchases in Malaysia via Bank Transfers, QR Pay & Boost
The leading fiat-crypto ramp provider, Alchemy Pay, now supports multiple local payment methods for crypto purchases in Malaysia. By enabling users to pay by domestic bank transfer, the QR Pay system and Boost e-wallet, it is more convenient and low cost than ever for Malaysians to buy crypto. Alchemy Pay’s on-ramp payment solution, integrated via API or widget, is available to Web3 platforms across all sectors of the industry. The new integrations now mean that, as well as Mastercard and Visa, Malaysian users can now buy crypto directly with Malaysian ringgit (MYR) on crypto platforms using these popular local alternative payment methods. Transactions can be from as 70–50,000 MYR Users in Malaysia can enjoy access to crypto using bank transfers for many banks including HongLeong Bank, Maybank and Public Bank. Alternatively, they can also use the ramp to select the ubiquitous QR Pay system which connects to almost all banks in Malaysia for low fee purchases with over 90% transaction success rates. Boost is the all-in-one app created by Axiata that financially empowers millions of customers and merchants, across seven countries in Southeast Asia through its. Its ever-expanding fintech ecosystem spans merchant solutions, AI-based lending business, and cross-border payment platform, and rewards. Simplifying the onboarding process is crucial for the widespread adoption of cryptocurrencies and by enabling new payment options...
| 
Alchemy Pay Partners with Stablecoin CNHC to Provide Seamless Crypto Ramp Solutions and Payment…
Alchemy Pay Partners with Stablecoin CNHC to Provide Seamless Crypto Ramp Solutions and Payment Scenario - The world-leading crypto payment solution provider, Alchemy Pay, has announced its partnership with CNHC, the world’s largest CNH (Offshore Chinese Yuan) stable currency ecosystem. With this partnership, CNHC will become a part of Alchemy Pay’s ecosystem and leverage its on and off ramp solutions to enable users to buy or sell CNHC using various global fiat currencies. CNHC also will be listed on Alchemy Pay’s ramp, which provides support to add payment scenarios and facilitate seamless transfer of CNHC between the traditional finance and crypto world. CNHC (CNH Coin) is a stablecoin that is pegged to the CNH at a 1:1 ratio, and has full reserves securely stored in a depository institution located in Singapore. Its issuer, CNHC Group is a blockchain technology company based in Singapore. CNHC is issued on both Ethereum and Conflux, and it serves as an alternative means for holding CNH without the need to establish a bank account. Additionally, CNHC offers a more affordable and secure method for conducting international trade settlements. As of April 2023, the total on-chain circulation of CNHC is $15 Million. As current mainstream stablecoins such as USDT and USDC are backed by the US dollar, there is a pressing and growing need to establish a stablecoin system independent of the US dollar hegemony, especially wi...
| 
DODO launches Alchemy Pay’s Ramp Solution for Easy Access Purchases
DODO, an Innovative Algorithm-Driven and Decentralized Trading Platform, has launched Alchemy Pay’s on & off ramp solution on its platform. Alchemy Pay’s payment ramp supports fiat deposits with Visa and MasterCard, as well as numerous popular fiat mobile wallets in emerging markets. The ramp integration makes it easy for the public to access DODO and adds flexibility when users withdraw and deposit their funds. Alchemy Pay (ACH) has become a specialist in providing solutions that give crypto and Web3 services access to fiat payments for mainstream accessibility. This is thanks to Alchemy Pay’s network which boasts an impressive 300+ fiat payment channels. With 300+ fiat payment channels, its checkouts are able to go beyond cards and access local mobile wallets. Through its remittance partners, Alchemy Pay’s ramps also facilitate convenient offboarding from crypto to fiat with remittance capabilities to bank accounts in 50+ fiat currencies. DODO provides both its own liquidity and aggregated liquidity from other decentralized exchanges. As a decentralized trading platform that uses the innovative Proactive Market Maker (PMM) algorithm, DODO traders are ensured the best Web3 asset prices from deep on-chain liquidity. With its ramp solution, Alchemy Pay’s payment network is now offering a D2C solution on DODO’s platform. The ramp makes buying and selling crypto with domestic local currencies as easy as a transac...
| 
AAG Integrates Alchemy Pay’s Crypto-Fiat Offramp Solution
The Web3 infrastructure provider, AAG, has gone live with the Alchemy Pay off ramp solution for its wallet MetaOne. The integration means users can sell the crypto for local fiat currencies, which simplifies the transaction process in a fast and secure way. The on ramp solution is also expected to launch soon, which will give MetaOne wallet a new level of mainstream-friendly accessibility to both newcomers and experienced users. Alchemy Pay’s payment gateway supports payments with Visa and MasterCard in 173 nations, Google Pay, Apple Pay multiple domestic transfers, and popular mobile wallets in emerging markets. Its offramping capability remits to users in 50+ local fiat currencies. With high conversion rates, low fees, and fast, simple KYC, the ramp makes buying and selling crypto with domestic local currencies as easy as any other regular online payment. AAG is a Web3 infrastructure company focused on providing software that helps simplify interactions with blockchain applications and the Metaverse for both mainstream users and traditional companies. AAG provides a secure and easy-to-use MetaOne® wallet, as well as infrastructure software, such as a cross-chain search engine and Saakuru blockchain for enterprise companies. AAG’s partnership with Alchemy Pay, one of the industry’s leading fiat-crypto payment solution providers, will allow the wallet to attract and easily onboard new users from around the globe. &mda...
| 
Alchemy Pay in Hong Kong
Hong Kong is set to become the next crypto hub in June, and Alchemy Pay is excited to participate in the upcoming conferences and events to showcase our latest innovations in the crypto payments space. — The Hong Kong Web3 Festival 2023 - As a leading provider of crypto payment solutions, Alchemy Pay is committed to promoting the adoption of cryptocurrencies and blockchain technology across the globe. The Hong Kong Web3 Festival 2023 presents a unique opportunity for us to connect with other industry leaders, share insights and ideas, and explore new partnerships and collaborations. Booth Detail: Date: April 12–15 Location: 5/F, Hong Kong Convention and Exhibition Center Booth Number: F11 Speech Detail: Date: April 13 Time: 15:50–16:10 Location: Substage 4 Topic: Hong Kong: Asia’s New Frontier for Crypto Payments Speaker: Robert McCracken, Ecosystem Lead — The Hong Kong Web3 Festival 2023 Meetup Event - Date: April 12–15 Location: Alchemy Pay Booth F11 Event Rules: Take a photo of our booth or staff, Tag 3 friends and #AlchemyPayinHongKong, Prizes: 50U $ACH x10, Hong Kong Web3 Festival NFT, Exclusive Merchandise, — Side-Event: Web3 Reimagined: Conference & Cocktail Night - Date: April 14th 18:20–22:00 Location: Harbour & Windsor plus Rooftop Garden, 28/F, The Park Lane, a Pullman Hotel, 310 Gloucester Road, Causeway Bay, Hong Kong *Feel free to come by our booth for more ...
| 
Alchemy Pay Partners with DWF Labs to Secure $10 Million Funding at a Valuation of $400 Million
In order to facilitate its expansion into the Korean market, Alchemy Pay has announced a strategic partnership with DWF Labs, the prominent multi-stage web3 investment firm. As part of this partnership, Alchemy Pay has secured $10 million in funding from DWF Labs, which will be utilized to expand its payment business in Korea, capitalize on the region’s high level of cryptocurrency acceptance, and assist Korean enterprises in achieving greater internationalization. Alchemy Pay’s estimated valuation during the funding phase was reported to be $400 million. Alchemy Pay has expended considerable effort over the years to expand its global presence and establish partnerships with both mainstream and local payment channels to improve its services. Its partnership roster includes Visa, Mastercard, Discover, Diners Club, as well as mobile payment platforms like Google Pay and Apple Pay, regional mobile wallets, and domestic transfer options. Boasting over 300 local alternative payment channels, the company’s reach extends beyond traditional credit cards and into local mobile wallet options. With a strong focus on providing access to emerging markets, Alchemy Pay has established an extensive coverage area encompassing Europe, Northern and Latin America, and Southeast Asia. In addition to its payment services, Alchemy Pay has also introduced its innovative NFT Checkout service. This offering enables customers to acquire NFTs usin...
|
|
 | Former White House Senior Advisor David Plouffe Joins Alchemy Pay Adviso...
Serving as a committee member of Alchemy Pay's management and advisory board, and as Global Strategic Adviser to support Alchemy Pay's expansion and growth in global markets, contributing actively to strategy, compliance and government relations.
Alchemy Pay, Singapore based pioneer of the world's first payment gateway solution to bridge the gap between fiat and crypto economies, has announced the appointment of legendary campaign manager and former White House Senior Advisor, David Plouffe, as Global Strategic Advisor.
Plouffe is credited with the strategy and grass-roots public engagement savvy that won Obama's 2008 presidential campaign, subsequently becoming Senior Advisor to the President in the Obama Administration. Plouffe has noted Alchemy Pay's backbone mission in the cryptocurrency industry, and its steady course and leadership in the industry's evolution.
'Cryptocurrency and decentralized ledgers are the newest permanent features of the global economy,' said Plouffe. 'Alchemy Pay has chosen to focus on bridging public sector and private sector agendas as a strategy in its mission to provide fiat-crypto transaction services. Alchemy Pay understands that the key to crypto sustainability and growth is broadening utility cases by focusing on payment channels, proper compliance and user experience.'
After his work for Obama, Plouffe became the Senior Vice President of Policy and Strategy for Uber in 2019, and in 2022 Plouffe joined the Binance Global Advisory Board.
Abo...
|  | Alchemy Pay Partners With ZD Group, Parent Company of Mouette Securities...
The leading fiat-crypto payment gateway, Alchemy Pay, has revealed that it has joined forces with ZD Group, the parent company of Mouette Securities, a reputable global investment fund. Within the frame of this strategic collaboration, ZD Group provides investment and shares its four financial licenses authorized by Securities and Futures Commission (SFC) and Insurance Authority (IA) of Hong Kong with Alchemy Pay, while Alchemy Pay commits to provide crypto payment solutions to all businesses in ZD Group. This collaboration aims to promote resource sharing and foster stronger business ties between the two entities.
It should be highlighted that ZD group has shared its Hong Kong Type 1, 4 and 9 financial services licenses granted by SFC with Alchemy Pay. The three licenses are crucial and mandatory for conducting financial investment businesses in Hong Kong, respectively covering areas in dealing in securities, advising on securities and asset management. In addition, Alchemy Pay will be granted access to the Insurance Broker Company license held by Sunbright Wealth Management, a subsidiary of ZD Group, as issued by the Insurance Authority of Hong Kong. This license will help Alchemy Pay to develop potential business with negotiating or arranging contracts of insurance.
Mouette Securities has been listed as a registered institution on SFC of Hong Kong's official site. The Financial Services Licenses details can be found by searching 'Mouette Securities' via Name Search or 'BLE...
|  | Forbes Gives Alchemy Pay Web3 Innovation Pioneer Award
PRESS RELEASE. Singapore, 12 January 2023: Fiat-crypto payment gateway Alchemy Pay and its co-founder and majority shareholder, Shawn Shi, have been officially recognised by Forbes with the Web3 Innovation Pioneer award on 11 January. The Singapore-based payment solutions provider has a major research and development hub across Asia that has pioneered new payment systems at the very edge of modern fintech - convenient payments that seamlessly enable the movement of funds between traditional fiat currency and cryptocurrency.
After its establishment in 2018, Alchemy Pay became Southeast Asia's number one crypto payment system. 2022 saw Alchemy Pay move to d2c solutions for the first time. Its on and off-ramp and NFT checkout were all launched in Q3 and Q4 last year. The constant upgrades and innovations since the initial launch have created a full suite of offerings that satisfy newcomers and surprise crypto natives. Platforms across the Web3 space, from large-scale exchanges to small, specialised token issuers and dApps, have integrated the ramp services (plugin or API).
The Forbes award recognises the company's pioneering achievements in fintech/crypto. Forbes picked out entrepreneurs, investors, and contributors to open source projects and crypto ecosystems which have made significant contributions to the development of Web3, saying they were 'aiming to find cases of value creation by innovative companies in the Web 3.0 field, and to show how the current Web 3.0 wave is shap...
|  | Barcelona and Argentina Legend Mascherano Joins Alchemy Pay as Brand Amb...
Barcelona and Argentina soccer legend, Javier Mascherano has signed for the leading fiat-crypto payment gateway Alchemy Pay. On December 1st, He announced on his social media platforms that he officially became an ambassador for Alchemy Pay, promoting its payment features and products, and will be working closely with Alchemy Pay on subsequent co-branded NFT launches.
“Just as I bridged the defense & offense throughout my career, Alchemy Pay bridges fiat currency and crypto, web2 and web3, across the globe. A perfect match!” announced Mascherano on Twitter, considering this partnership to be a perfect fit, and seeing himself embodying the same spirit as Alchemy Pay.
Mascherano is the former captain of the Argentina national team and one of the most outstanding defensive midfielders in the world of football. He shot to fame with River Plate before moving on to European club giants Liverpool and Barcelona. As one of the true legends of the game, Mascherano is also a social media legend, with 5.8M Instagram followers and 8.1M Twitter followers, and is enthusiastic about crypto utility for the people of Latin America. This ambassador endorsement will benefit users in Latin America, enabling them to use their local currency to buy crypto, cheaply and easily, on Alchemy Pay’s OnRamp Solution.
Argentina successfully toppled Lewandowski’s Poland stars to qualify for the knockout stage of the World Cup. Alchemy Pay also announced its support for Argentina, foll...
|  | Alchemy Pay Brings OnRamp and NFT Checkout to London Token2049
PRESS RELEASE. Fiat-crypto payment provider, Alchemy Pay, is bringing its mainstream-friendly services to Europe’s foremost crypto conference - London Token2049. The Singapore-based company has taken its payment network infrastructure and pivoted to direct-to-customer (D2C) services, with its highly versatile and customisable NFT Checkout and On & Off Ramp Solutions.
Europe's Premier Crypto Event
TOKEN2049 is known for its industry-leading events held annually. Founders, CEOs, and projects come together to build relationships and share developments. It showcases sectors like DeFI, Gaming, Social Fi, NFTs, Metaverse, and DAOs, and brings together more than 3,000 attendees, 100+ sponsors, and around 150 speakers.
Alchemy Pay On & Off Ramp
After years providing business-to-business (B2B) fiat-crypto gateway services, Alchemy Pay’s ramp is now serving users on crypto platforms and dApps across multiple sectors. Alchemy Pay now boasts 300+ fiat payment channels worldwide.
Founded in Singapore in 2018, Alchemy Pay’s strength in Southeast Asia and Latin America is clear. Its support for countless regional mobile wallets has paid off in regions that are now seeing the highest adoption rates of anywhere in the world.
Access to ‘Hidden’ Emerging Markets
Alchemy Pay’s Ramp Solution supports Mastercard and Visa in 173 countries, and furthermore supports particularly high utility in Southeast Asia and Latin America. Across the world, mobile wallets a...
|  | STEPN's GMT Token Supported by Alchemy Pay for Real-World Spending
PRESS RELEASE. The leading fiat-crypto payment solutions provider, Alchemy Pay (ACH) and the web3 app, STEPN (GMT), have announced a new collaboration. STEPN's GMT token is now supported for use on Alchemy Pay's hybrid fiat-crypto payment system that enables it to be spent at over 2 million merchant partners, online and offline, in more than 70 countries worldwide.
STEPN is a web3 lifestyle app with inbuilt Game-Fi and Social-Fi elements. Built around an essential daily activity of movement and exercise, STEPN is the first project to effectively bring to life a functioning 'move & earn' concept. Users equip themselves with NFTs in the form of running shoes. By walking, jogging, or running outdoors, users earn token and NFT rewards.
Alchemy Pay CEO, John Tan said, 'We are focused on supporting the global adoption of innovative projects like STEPN that promote positive new possibilities for people around the world. By integrating their GMT token we are enabling holders and STEPN users to benefit from real-world spending.'
STEPN's Chief Revenue Officer, Shiti Rastogi Manghani, said of the partnership: 'We are delighted that Alchemy Pay is now giving our users the ability to spend their GMT tokens in multiple real-world situations. Now that our web3 app has this new dimension we expect to see major growth of our community and ecosystem.'
By becoming usable on Alchemy Pay's fast-growing payment network, GMT can now be spent by users around the globe in a number of scenarios. This ...
|  | ACH Is the Token Driving Global Crypto Payments
ACH is the cryptocurrency token driving the adoption of Alchemy Pay's crypto payments around the world. Alchemy Pay enables real-world crypto payments and mainstream-friendly access to crypto services. It has had an incredible rise over the past year, partnering with the likes of Binance Pay, Shopify, Checkout.com, Polygon, Avalanche, and VeChain. ACH is the token that incentivises clients and investors attracted to the advantages Alchemy Pay's crypto payment solutions offer them and their businesses. It is listed on Bithumb, Binance, Coinbase, Huobi, Bybit, MEXC, Pancake Swap, Uniswap, and many more.
ACH is used to pay transaction (gas) fees when Alchemy Pay's clients leverage the power of its global payment network. While transacting the Alchemy Pay network, clients pledge ACH and are then rewarded with discounted fees and ACH rewards depending on transaction volume.
The growth of the ACH token has helped create a thriving online community of investors and rewards our clients and partners for encouraging the expansion of the partner network. Transaction fees collected in ACH are used to fund the growth and development of Alchemy Pay's network and services. ACH rewards and fee structure provides an organic and sustainable budget to attract and onboard new businesses for continuous expansion.
ACH value is correlated to network growth which will occur exponentially as the crypto payments market grows. Cointelegraph's report on payment tokens suggests that, as the market grows,...
|  | VeChain Partners Alchemy Pay for Fiat Payment Rails and Crypto on-Ramps
PRESS RELEASE. Palo Alto, USA, March 2022 – Vechain (VET), the leading layer-1 smart contract platform has announced it is adding Alchemy Pay's (ACH) mainstream-friendly fiat payment channels and crypto on-ramps to its network. Alchemy Pay is a specialist in providing practical payment solutions that connect up fiat and crypto economies. Its crypto acceptance payment system for online and offline businesses with 2 million+ merchants in over 70 countries worldwide now supports VeChain's VET token for payments.
VeChain's CEO, Sunny Lu, said of the integration, 'With Alchemy Pay's fiat payment channel and crypto on-ramps we are bringing more mainstream accessibility to our network. This has benefits, not only for users, but also for all developers building on the VeChainThor blockchain. The integration of VET into Alchemy Pay's crypto payment system is important in further expanding the real-world use cases for VET as a form of payment. By enabling mainstream payment standards like Visa, Mastercard and Paypal using Alchemy Pay, the mainstream adoption of VET will increase by making direct access possible, bypassing the complications of crypto exchanges that can be a barrier for many new users.'
Alchemy Pay has become increasingly important in the blockchain space as a bridging service for the industry. Recent payment integrations with the likes of Elrond, Polygon, Algorand, NEAR, and Avalanche highlight this. Its 300+ fiat payment channels allow crypto services and networ...
|  | GrePay and Alchemy Pay Partner to Expand Crypto Payments
PRESS RELEASE. Singapore, March 2022 – The fiat-crypto payment solutions provider, Alchemy Pay (ACH), and GrePay, global acquirer and payments provider, announce their partnership. Grepay has over 100 local payment channels that process over 200k transactions per day. Alchemy Pay will now leverage these channels to connect crypto service providers to their global key markets such as United Arab Emirates, India, Mexico, Brazil, Colombia, Chile, and Pakistan.
As part of the partnership, Alchemy Pay will provide GrePay with cryptocurrency payment acceptance capabilities. This includes Binance Pay and on-chain transactions for popular mainstream cryptocurrencies. As a result, Grepay's merchants will all now have the option to accept cryptocurrency payments.
Alchemy Pay's hybrid crypto-fiat payment system allows merchant partners to accept popular cryptocurrencies for instant offline and online payments at a low cost and the system is currently supported in more than 70 countries and reaches more than 2 million merchants.
One of GrePay's payment channels that Alchemy Pay will first integrate is Payby, a leading United Arab Emirates mobile payment provider. Alchemy Pay will enable crypto service providers such as crypto exchanges to accept Payby and have access to users in the UAE – a key market where demand for cryptocurrency services have risen rapidly amid the nation's move towards creating a cryptocurrency hub.
With region-appropriate licensing and strong technica...
|  | Alchemy Pay Adds Euros Pay-in Offerings via Paytend
PRESS RELEASE. Singapore, February 2022 – Leading fiat and crypto payment solutions provider, Alchemy Pay (ACH), announces its partnership with the Europe-based digital bank, Paytend. Alchemy Pay's client crypto services, such as exchanges and investment platforms, will now offer users to pay directly in euros via credit and debit cards without requiring costly back-end conversion to US dollars.
Presently, most crypto service providers only accept US dollars and users paying in euros incur hidden foreign exchange fees when the euros-to-dollars conversions take place. Alchemy Pay's enhanced service reduces forex friction for both businesses and consumers in Europe – a strategic offering that helps the company expand its global reach in the crypto payments industry.
John Tan, CEO of Alchemy Pay, explained the significance of the collaboration, 'Europe is a key region for crypto at this point, and leveraging Paytend's licensed payment channels gives us an advantage in the market. We are now offering our commercial partners in Europe and their users the most competitive prices and our network has more coverage than ever.'
With more than $1 trillion in transactions, Europe has become the largest cryptocurrency economy in the world. A Chainalysis report from October last year observed that Europe had grown to become the number one in the world in terms of crypto activity. The continent's $1 trillion worth of cryptocurrencies last year represented around a quarter of a...
|  | Direct Fiat On-Ramps Come to Algorand (ALGO) via Alchemy Pay (ACH)
PRESS RELEASE. Singapore, 10 January, 2022: Algorand (ALGO), the layer-1 blockchain for decentralized and traditional finance, has added direct fiat payment channels into their network, thanks to a new integration with Alchemy Pay (ACH). Alchemy Pay, is a payment solutions provider that connects fiat and crypto economies, and its global merchant network now supports Algorand's $ALGO token for payments in 65 countries. Algorand also announced it has joined the Blockchain Infrastructure Alliance which was inaugurated in October by Alchemy Pay, NEO, NEAR, and Polygon.
The integration with Alchemy Pay will enable Algorand to onboard users via fiat payment standards like Visa, Mastercard, PayPal, and countless other local payment channels around the world. The ability to bring new users to the Algorand ecosystem via these mainstream payment methods will increase adoption by making access direct and bypassing the complications of crypto exchanges that can be a barrier to entry for many.
The cooperation between Alchemy Pay and Algorand is a natural match as both are focused on bringing traditional finance together with decentralized, blockchain finance. As a pure-proof-of-stake platform, Algorand is among the most efficient networks in terms of energy usage, which has appealed to environmentally conscious investors. Algorand was founded by MIT professor, Silvio Micali. Professor Micali is the recipient of the prestigious Turing Award for computer science and much of his work has dir...
|  | Alchemy Pay adds support for Algorand (ALGO) on its fiat-crypto gateway ...
Algorand (ALGO), a layer-1 blockchain for decentralized applications and finance, announced today it has added new fiat payment channels into its network, thanks to a new integration with Alchemy Pay (ACH).
Alchemy Pay is a payment solutions provider that connects fiat and crypto economies, and its global merchant network now supports Algorand's $ALGO token for payments in 65 countries. The Algorand team also announced it has joined the Blockchain Infrastructure Alliance which was inaugurated in October by Alchemy Pay, NEO, NEAR, and Polygon.
ALGO + Alchemy Pay
This integration with Alchemy Pay will enable Algorand to onboard users via fiat payment standards like Visa, Mastercard, PayPal, and other local payment methods. Being able to bring new users to the Algorand ecosystem via these mainstream payment methods will increase adoption by making access direct and bypassing the complications of crypto exchanges that can be a barrier to entry for many.
After being added to Alchemy Pay's crypto-fiat payment network, the ALGO token can be used for business-to-business or customer-to-business payments. Alchemy Pay's payment network is focused on broadening crypto acceptance by offering low fees and fast settlement via their software solution that requires no special hardware. When ALGO is used to pay online or in-store on the Alchemy Pay network and will be automatically converted to fiat currency for the convenience of merchant partners.
The post Alchemy Pay adds support for Algo...
|
More Alchemy Pay (#ACH) News
|
|
|
Crypto Coin Prices and News 