Alchemy Pay (ACH) is a hybrid payment gateway that bridges the gap between cryptocurrencies and traditional finance, allowing businesses to accept crypto payments while settling in fiat currency. Launched in 2018, Alchemy Pay enables seamless on-ramps and off-ramps for crypto transactions, making it easier for merchants, enterprises, and consumers to interact with digital assets.
The ACH token is used for transaction fees, governance, and incentives within the Alchemy Pay ecosystem.