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ACH

Alchemy Pay  

#ACH

ACH Price:
$0.016
Volume:
$40.2 M
All Time High:
$0.19
Market Cap:
$95.4 M


Circulating Supply:
5,786,833,224
Exchanges:
18
Total Supply:
10,000,000,000
Markets:
26
Max Supply:
Pairs:
7



  ACH PRICE


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 $0.01648.

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.


  ACH OVERVIEW


The code for Alchemy Pay is #ACH.

Alchemy Pay is 2.4 years old.


  ACH MARKET CAP


The current market capitalization for Alchemy Pay is $95,374,673.

Alchemy Pay is ranking downwards to #232 out of all coins, by market cap (and other factors).


  ACH VOLUME


The trading volume is large during the past 24 hours for #ACH.

Today's 24-hour trading volume across all exchanges for Alchemy Pay is $40,246,092.


  ACH SUPPLY


The circulating supply of ACH is 5,786,833,224 coins, which is 58% of the total coin supply.


  ACH BLOCKCHAIN


ACH is a token on the Ethereum blockchain, and has digital contracts with 1 other blockchain.

See list of the ACH Blockchain contracts with 2 different blockchains.


  ACH EXCHANGES


ACH is available on several crypto currency exchanges.

View #ACH trading pairs and crypto exchanges that currently support #ACH purchase.


  ACH RESOURCES


Websitealchemypay.org
Whitepaperfile.alchemytech.io/Alchemy_WP-EN.pdf
TwitterAlchemyPay
Redditr/AlchemyPay
Telegramalchemy_official
Mediumalchemypay


  ACH DEVELOPER NEWS



Alchemy Pay Eases Vietnam On-Ramp Crypto Purchases with MoMo, VT Pay and Zalo

Alchemy Pay, a leading fiat-crypto on and off-ramp provider, has launched local payment methods in Vietnam by supporting domestic bank transfers and mobile wallets, MoMo, ViettelPay (VT Pay). This ramp solution, integrated via API or on-ramp widget, is available to Web3 platforms with a need to access users in Vietnam. As well as Mastercard, Visa, Apple Pay and Google Pay, Vietnamese users can now buy crypto directly with VND (Vietnamese dong) on Web3 platforms using these popular local alternative payment methods (APMs). Until now, most crypto purchases in Vietnam took place via P2P transactions. This approach resulted in longer processing times and weaker security for both parties. Alchemy Pay added MoMo (23M users), VT Pay (9M users) and Zalo (71M users) and bank transfers to their infrastructure, to make crypto purchases easier and more direct with fiat funds. Asia-Pacific has grown into the world’s largest market for cashless transactions with an annual growth rate of 16%. This growth can be attributed to the pandemic and the growth in the e-commerce sector. And with the region’s business-friendly regulations and dynamic economy, there are many reasons why Web3 platforms based in Asia are looking to access users with APMs in the region. Simplifying the onboarding process is crucial for the widespread adoption of cryptocurrencies. Our team is dedicated to working with partners to make it a seamless and effortless ex...




MetaOne Deploys Alchemy Pay’s Fiat-Crypto Payment Services

Alchemy Pay has integrated its fiat crypto onramp solution for use on MetaOne’s website. Alchemy Pay’s payment gateway enables users to buy crypto with their preferred fiat payment methods such as Visa and Mastercards. As well as debit and credit cards, users can also pay with a wide choice of fiat and crypto mobile wallets. Alchemy Pay’s payment gateway supports payments with Visa and MasterCard in 173 nations, multiple domestic transfers, and popular mobile wallets in emerging markets. Onboarding users with 300+ fiat payment channels is supporting the growth of both established and nascent projects. 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. Metaone is a platform that commits to “Games Guilds As A Service”, which is the largest SAAS to onboard massive games and guilds onto blockchain gaming. The platform’s single interface makes the transition from traditional gaming to blockchain effortless. MetaOne’s partnership with Alchemy Pay, one of the industry’s leading fiat-crypto payment solution providers, will allow the platform to attract and easily onboard new users from around the globe. Alchemy Pay’s ramps go beyond cards by giving access to local mobile wallets too. Because of these APMs (Alternative Payment Methods), the ramp gives access with fiat funds to mainstream use...




Alchemy Pay Update | January 2023

Visa Announces Alchemy Pay as Official Service Provider - Visa has listed Alchemy Pay as an Official Service Provider. Alchemy Pay has been added as part of Visa’s Third Party Agent (TPA) Program and can be found listed as Alchemy GPS here. This is a significant sign of progress for our on & off-ramp and recently launched NFT Checkout service. — $ACH Crypto Top Gainer - Our ACH token topped the list of major gainers across the board on the 16 January after rising 50.4% in just 24 hours. — Forbes Awards Alchemy Pay as ‘Web3 Innovation Pioneer’ - 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 this month. Our 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. — New Regional Payment Channels Supported - Alchemy Pay began the year by adding support for more regional APMs (alternative payment methods) in various parts of the world. Users can buy crypto directly with local fiat currency using bank transfers in Argentina and Indonesia. These methods have an almost 100% transaction success rate and are among the cheapest ways to buy crypto. — Apple Pay Supported for Crypto Pur...




Alchemy Pay Supporting Apple Pay for On-Ramp Fiat-to-Crypto Purchases

Alchemy Pay’s fiat-crypto on-ramp now supports Apple Pay to allow users to purchase crypto quickly, easily, and securely. Since the initial launch of its ramp service in June, the Singapore-based payment provider has taken its payment network infrastructure and pivoted to direct-to-customer services with its On & Off-Ramp (plugin or API) and NFT Checkout — suitable for Web3 platforms and token issuers of all sizes. Alchemy Pay currently supports Apple Pay in the following currencies: USD, EUR, KRW, SGD, AUD, TWD, TRY, CAD, JPY, AED , NZD, HKD. Note that non-US users may also pay with USD. Across the world, mobile wallets are gaining payment market share year on year. Apple Pay takes a significant portion of that mobile wallet market — outside of China, Apple Pay has the largest transaction volume of any mobile payment service. Apple Pay is built into all Apple devices so there are no complicated processes for users. Now Alchemy Pay is making it a more convenient way to buy crypto. Unlike using an exchange, Alchemy Pay’s ramp services enable a very direct way to make crypto purchases using fiat payment methods, while allowing users to custody their own crypto once purchased — a key feature of the decentralised Web3 movement. Beyond Apple Pay, Alchemy Pay supports Mastercard and Visa in 173 countries, and furthermore supports particularly high utility in Southeast Asia and Latin America by supportin...




Game Wonderlab Launches Alchemy Pay’s Fiat-Crypto Ramp Solution

The leading universal mobile blockchain gaming platform, Game Wonderlab, has collaborated with Alchemy Pay to launch the fiat-crypto onramp solution for its community. The integration means users can pay with their preferred fiat payment methods to buy crypto directly. The partnership will give Game Wondelab’s ecosystem 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, multiple domestic transfers, and popular mobile wallets in emerging markets. 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. With 300+ fiat payment channels, its ramps are able to go beyond cards and access local mobile wallets. Game Wonderlab is a universal mobile blockchain gaming platform and GaaS (Gamefi-as-a-service) provider dedicated to promoting Play-and-Earn, connecting players and developers for a sustainable meta-ecosystem. It also introduces growth mechanisms such as esports to create a standardized player protocol based on blockchain games. Game Wonderlab’s partnership with Alchemy Pay, one of the industry’s leading fiat-crypto payment solution providers, will allow users and players to seamlessly access the integrated payment solutions. Alchemy Pay’s founding team’s experience in th...




Visa Lists Alchemy Pay as Official Service Provider

We are pleased to announce that Visa has listed Alchemy Pay as an Official Service Provider. Alchemy Pay has been added as part of Visa’s Third Party Agent (TPA) Program and can be found listed as Alchemy GPS here. This is a significant sign of progress for our On & Off Ramp and recently launched NFT Checkout service. As a payment gateway that facilitates transactions between traditional fiat currency and cryptocurrency it is advantageous to have strong and direct relationships with all major payment institutions. Acting as the connecting ‘bridge’ between traditional finance and cryptocurrency, Alchemy Pay is currently able to process fiat payments to purchase cryptocurrencies for Visa cardholders in 173 countries. Visa’s global network facilitates digital payments across more than 200 countries and territories among a set of consumers, merchants, financial institutions, businesses, strategic partners and government entities. There are currently 3.9B Visa card holders worldwide. — Alchemy Pay as an Official Visa ISO Merchant (ISO — M) - Alchemy Pay is now registered to conduct merchant solicitation, sales, customer service, merchant transaction solicitation or merchant training activities. Alchemy Pay can now also act on behalf of a client for merchant solicitation and sales. — About Third Party Agents - A TPA is a type of agent, not directly connected to VisaNet, that provides payment-related ...




CoinTR Exchange Integrates Alchemy Pay’s Fiat-Crypto Payment Services for Easy Access Purchases

Leading crypto exchange CoinTR, has gone live with the Alchemy Pay fiat-crypto 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 Integration brings easy access via local currencies to crypto natives and crypto newcomers, and it means users can pay with their preferred fiat payment methods directly to buy crypto and fund their CoinTR account. CoinTR.com is an integrated international Cryptocurrency platform founded in 2022. Powerful founders of traditional Turkish financial institutions and experienced team members from top crypto exchanges in London & Istanbul, Turkey make it more competitive and trustworthy. CoinTR designed and developed the 3rd generation trading system, focusing on providing users with the most secure and stable trading experience. In addition to providing diverse trading tools, CoinTR offers real-time observation data tools that allow users to get trading information one step faster. User funds are protected by an official bank custodian and supervision. Alchemy Pay (ACH) has become a specialist in providing solutions that give crypto and Web3 services access to fiat payments for mainstream accessibility. With 300+ fiat payment channels, its ramps are able to go beyond cards and access local mobile wallets. In Southeast Asia, where millions struggle to get accepted for tr...




RACA Integrates Alchemy Pay’s Fiat Onramp Solution

The metaverse platform for game studios, RACA, has gone live with the Alchemy Pay Onramp Solution for its ecosystem. The integration means RACA’s users can pay with their preferred fiat payment methods directly to seamlessly buy crypto, and it will give RACA’S ecosystem a new level of mainstream-friendly accessibility to both newcomers and experienced users. Alchemy Pay (ACH) has become a specialist in providing solutions that give crypto and Web3 services access to fiat payments for mainstream accessibility. Alchemy Pay’s payment gateway supports payments with Visa and MasterCard in 173 nations, multiple domestic transfers, and popular mobile wallets in emerging markets. With 300+ fiat payment channels, its ramps are able to go beyond cards and access local mobile wallets. 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. RACA (USM.WORLD) is a web3 ecosystem initiated by Maye Musk NFT Dog community. Over 3.7 million units of BNB Coins (2 billion USD equivalent) of trading volume was recorded in 9 months from Maye Musk NFT and derivative NFTs, including game characters and virtual lands. RACA’s partnership with Alchemy Pay, one of the industry’s leading fiat-crypto payment solution providers, will allow the users to seamlessly access the integrated payment solutions. After years of providing...




AlchemyPay Discord Invite Contest

Invite your friends to join the Alchemy Pay Discord server and you will have a chance to win great prizes. All you have to do is invite at least 5 friends to our Discord server! The more people you invite, the better your chances of making it to the top 10 and winning prizes. Event Duration: Jan 9th — Feb 3rd Prizes: 10 winners 1st: 25000 ACH + Alchemy Pay Community Connector NFT 2nd:15000 ACH + Alchemy Pay Community Connector NFT 3rd: 5000 ACH + Alchemy Pay Community Connector NFT 4 –10th : Alchemy Pay Community Connector NFT *Alchemy Pay Community Connector NFT will grant you a special role in our Discord server!* Steps to join the Discord server: Open the link and join the server, discord.gg, 2. Read the rules in #┃get-verified channel 3. React with the ☑️ emoji to get VERIFIED role and access to other channels 4. Enter the channel #🪐general-chat and send relevant messages to reach Lv 4 in our Discord (don’t just say “Hi/GM/Hello..etc, don’t spam). Steps to invite your friends: 1. Create your own invitation link (not the link in this blog) 2. Share the link with your friends 3. Have your friends join the server through the link Note: - You MUST create your own invitation link, not the official Alchemy Pay’s Discord link. - You must invite at least 5 people to be eligible. - The more friends you invite, the better your chances of being in the top 10. - Invited friends should stay on ...




Alchemy Pay 2022: A Year in Review

We realise 2022 was a tough year for many cryptocurrency enthusiasts, it was a year of significant development at Alchemy Pay. As a fiat-crypto payment gateway that has been serving businesses since 2019, we took the decision to utilise our payment network to provide direct-to-customer solutions. It was a year filled with service launches, integrations, and event and it ended with the announcement of our new roadmap. A heartfelt appreciation for our ACH community — let’s build a great 2023! — On-Ramp, Off-Ramp, and NFT Checkout Launched - In late June 2022, we launched our fiat-crypto on-ramp, available via plugin or API. Further capabilities such as an off-ramp (currently we offer payouts to bank accounts around the world in 29 currencies), and an NFT Checkout have since been added to our suite of payment services. We are able to serve crypto platforms of all sizes with Mastercard and Visa payments for users in 173 countries supported, alongside countless regional e-wallets and domestic and international bank transfers. — Payment Methods Supported - Mastercard & Visa — 173 countries (all countries except: Algeria, Afghanistan, Bangladesh, Burundi, Cuba, China, Eritrea, Iran, Iraq, Libya, Morocco, Myanmar, North Korea, South Sudan, Sudan, Syria, Venezuela, Yemen, Zimbabwe, Nepal, Pakistan, Puerto Rico), SEPA (Europe & UK), Apple Pay (currently USD, EUR only), Indonesia (DANA, OVO, QRIS)...




  ACH NEWS


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... read More



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... read More



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... read More



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 ... read More



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,... read More



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... read More



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... read More



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... read More



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... read More



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... read More



More Alchemy Pay (#ACH) News

ACH vs BNB | A-Z | Topics | ISO 20022


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