Alchemy Pay

Alchemy Pay is a payment solutions provider that aims to seamlessly connect the fiat and cryptocurrency economies for global consumers, merchants, developers, and institutions. Founded in Singapore in 2018, Alchemy Pay's goal is to facilitate the adoption of cryptocurrency by providing convenient payment options that accept both traditional and digital currencies. Alchemy Pay's core offering is to enable online and offline merchants to accept a wide range of fiat and cryptocurrency payments. This helps businesses to easily onboard into the blockchain ecosystem and gain access to decentralized finance (DeFi) services. By bridging the gap between traditional finance and the crypto world, Alchemy Pay aims to make web3 services more accessible to the mainstream. The company's founding team has experience in both traditional finance and technology, which gives Alchemy Pay a unique perspective in overcoming the barriers to widespread cryptocurrency adoption. Alchemy Pay is currently supported in over 70 countries with 300 payment channels, and has partnerships with leading industry players such as Binance, Shopify, NIUM, and QFPay, allowing it to reach more than 2 million merchants. Alchemy Pay's native token, ACH, is an ERC-20 token built on the Ethereum blockchain. The token is used to facilitate transactions and provide incentives within the Alchemy Pay ecosystem, as the company aims to drive mainstream adoption of cryptocurrency through its seamless payment solutions.