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What is Alchemy Pay?

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.

How is Alchemy Pay useful?

Alchemy Pay provides crypto-fiat payment solutions that allow merchants to accept cryptocurrencies while receiving payments in local fiat currencies. Alchemy Pay's on-ramp and off-ramp services support seamless crypto conversions, making it easier for users to buy, sell, and spend digital assets. Alchemy Pay is widely integrated with e-commerce platforms, retail stores, and financial institutions, driving real-world crypto adoption.

The ACH token is used for transaction processing, staking rewards, and governance, allowing holders to influence protocol developments.

How does Alchemy Pay work?

Alchemy Pay operates a hybrid payment network that connects blockchain technology with traditional financial systems. Merchants and platforms can integrate Alchemy’s payment APIs to accept cryptocurrencies, with instant settlement in fiat. Alchemy Pay supports Visa, Mastercard, PayPal, and mobile wallets, ensuring global accessibility.

The ACH token facilitates low-fee transactions, provides incentives for users and merchants, and enables governance participation within the ecosystem.

Alchemy Pay milestones

  • Launch of Crypto-Fiat Payment Gateway: Introduced a hybrid system to support seamless digital asset payments.

  • Expansion of On-Ramp and Off-Ramp Solutions: Integrated with leading crypto exchanges, wallets, and e-commerce platforms.

  • Global Merchant Adoption: Partnered with retailers, payment processors, and financial institutions worldwide.

  • Integration with Visa and Mastercard: Enabled direct crypto purchases using traditional payment networks.

  • Growing Regulatory Compliance: Strengthened legal frameworks to expand services in multiple jurisdictions.

Alchemy Pay continues to simplify crypto payments, making digital assets more accessible for everyday transactions and global commerce.

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