Table of Contents
- Introduction to Alchemy Pay
- How Alchemy Pay Works
- Partnerships and Ecosystem
- Blockchain and Token Details
- ACH Token Utility
- Founding Team and Leadership
- Supported Cryptocurrencies
- FAQs
Introduction to Alchemy Pay
Alchemy Pay is a leading fiat-crypto payment solution provider, bridging traditional finance (dollar, euro, etc.) and cryptocurrencies (Bitcoin, Ethereum, etc.). Its services enable secure, low-cost transactions for consumers, merchants, and Web3 platforms globally. Key features include:
- 300+ payment channels across 70+ countries.
- 2 million+ merchant network for online/offline crypto-fiat payments.
- Fiat on-ramps via credit/debit cards, mobile wallets, and bank transfers.
How Alchemy Pay Works
Alchemy Pay’s all-in-one payment network allows merchants to:
- Accept both crypto and fiat payments.
- Settle funds in local fiat to avoid crypto volatility.
- Leverage stablecoin technology and partnerships with exchanges (e.g., Binance) and remittance providers (e.g., NIUM).
👉 Discover how Alchemy Pay simplifies crypto payments
Partnerships and Ecosystem
Alchemy Pay collaborates with industry leaders:
- Crypto: Binance, Huobi Global, Polygon, Avalanche.
- E-commerce: Shopify, Arcadier.
- Payment Processors: QFPay, Checkout.com.
- Blockchains: Algorand, NEAR, VeChain.
👉 Explore Alchemy Pay’s full ecosystem
Blockchain and Token Details
- ACH Token: ERC-20 (Ethereum) and BEP-20 (Binance Smart Chain).
- Total Supply: 10 billion (pre-mined, non-minable).
- Use Cases: Transaction fees, rewards, and merchant pledging.
ACH Token Utility
| Function | Description |
|---|---|
| Gas Fees | Pay in ACH for discounts. |
| Rewards | Distributed to network participants (merchants, developers). |
| Pledging | Merchants lock ACH to join the network. |
Founding Team and Leadership
- Founders: Shawn Shi & Molly Zheng (ex-HSBC, PayPal).
- CEO: John Tan (ex-Honeywell, DBS Bank consultant).
Supported Cryptocurrencies
BTC, ETH, USDT, BNB, MATIC, AVAX, and 15+ others. Full list here.
FAQs
Is Alchemy Pay an NFT?
No. It’s a payment solution provider for fiat-crypto transactions.
Can I mine ACH?
No. ACH has a fixed supply of 10 billion pre-mined tokens.
How do I buy ACH?
Available on Coinbase, Binance, Huobi, and Uniswap.
What’s the difference between Alchemy Pay and Alchemy?
No relation. Alchemy Pay focuses on crypto-fiat payments.
Does Alchemy Pay support NFT platforms?
Yes, via its fiat payment rails for Web3 services.