Halfway There, and Full Speed Ahead! The world of finance keeps spinning on its blockchain axis, and Alchemy Pay is right there at the forefront. This bi-quarter, we've been laser-focused on forming important partnerships, winning licenses, adding new payment channels to reinforce our payment capabilities. The innovative Web3 digital bank debuted in May, while we also updated our crypto payment product. 
Right now, we're thrilled to share a glimpse into our journey so far in the first half of this year. 
Web3 Digital Bank & Crypto Payment Solution
Imagine a world where compliance, ease, and reliability seamlessly converge in your financial operations. This is the reality we're creating with the Web3 Digital Bank debuted in May. Global Web3 businesses can now effortlessly open and manage multi-fiat accounts, streamline cash flow within a single platform, and experience frictionless fiat-crypto conversions.  
Recognizing the growing mainstream adoption of cryptocurrencies as valuable assets, we've empowered businesses to explore investment opportunities in this exciting sphere. Align with this vision, we've joined forces with Victory Securities (stock code: 8540. HK), the first licensed corporation in Hong Kong to offer virtual asset trading and advisory services to retail investors. Through this partnership, a broader user base can access VictoryX to purchase the newly listed Bitcoin and Ether spot ETFs in Hong Kong.
We've also made significant strides in user convenience. Our newly updated crypto payment solution allows users to connect their exchange and brokerage accounts like Coinbase, Kraken, and Robinhood.  This translates to a world of possibilities – effortlessly pay for orders using your existing crypto balances,  and for merchants, accept crypto payments from these popular platforms.
Major Integrations & Partnerships
The crypto industry thrives on collaboration – it's the bedrock of a robust ecosystem. In this bi-quarter, we've been forging strategic partnerships and integrations that not only propel our growth but also solidify our position as a trusted leader.  
Our partnerships span the entire blockchain ecosystem, from L1 & L2 blockchains to DeFi protocols, exchanges, Web3 infrastructure providers, game-fi leader, and more. Leading names like TON, Linea, Lido, Celo, Metis, Scroll, Astar Network, Manta Network, Casper, Fusionist and Bitcoin.com etc., have all integrated our on & off-ramping solutions or token listing services.
Our landmark partnership with Mastercard takes things to the next level. By leveraging their innovative account opening solution, we're creating a frictionless account registration experience for users while simultaneously enhancing risk management. This translates to faster onboarding, smoother transactions, and a more secure platform for everyone.
New Local Payment Channels Added
At its core, our mission is to provide users with convenient and accessible crypto payment tools. We're on a relentless quest to achieve 100% on-ramp coverage across every crypto-accessible nation. While the journey continues, we're making explosive progress. 
While social media might not have shouted from the rooftops, the first half of this year saw us quietly but decisively expand payment channels across AUE, Africa, and 28 European countries. We partnered with payment service providers like Volt and Paysafe for our expansion of payment networks and the vision of a borderless crypto future.
UAE, this crypto-friendly haven with relaxed regulations is now fully onboard with our On-ramp solution, powered by BOTIMPay and PayBy. Africa, a continent where crypto is embraced with exceptional enthusiasm, saw a significant boost in accessibility. Users in 9 African countries can now leverage local bank transfers to purchase crypto with their native fiat currencies. Our newly integrated open banking system powered by Volt adds 200+ major and local banks to our network, including household names like BNP Paribas, HSBC, Deutsche Bank, UniCredit, OTP, and Swedbank. This collaboration streamlines the process for European users, bringing crypto purchases closer than ever before.
By expanding local payment options, we aim to empower users and cater to diverse financial needs across the globe with cheaper ways and higher transaction success rate.
Regulatory Efforts: Building a Fortress of Trust
Let's talk about regulations. You might be tired of hearing about Alchemy Pay securing yet another license somewhere in the world. However, as a payment service provider, we will never forget the critical importance of obtaining these licenses. Every license we acquire signifies a major victory: official recognition from global authorities and governments.
So, yes, we're absolutely thrilled to announce that 2024 has seen us secure a Money Transmitter License in New Hampshire and an Authorized Payment Institution License in the UK! These additions join our growing fortress of compliance, which now spans the United States, the UK, Lithuania (Europe), Indonesia, and Canada.
These licenses aren't just pieces of paper – they're keys that unlock a world of opportunity. They pave the way for seamless expansion, allowing us to empower businesses and users in new regions with confidence.
Humanitarian Aid for Japan Earthquake
At Alchemy Pay, we believe that success is measured not just by innovation but also by the positive impact we can have on the world around us. We're proud to stand with our communities, both during times of celebration and in moments of hardship.
On January 1st, 2024, our hearts went out to the people of the Noto Peninsula in central Japan who were devastated by a powerful earthquake. Together with OAK Grove Ventures, we promptly donated 1,000,000 yen to the Ishikawa Prefecture government, directly supporting relief efforts in the affected areas. Additionally, we offered our On & Off-Ramp service completely free of charge, making it easier for charitable organizations to receive donations from around the world.
In Conclusion
In the first half of the year, Alchemy Pay has actively participated in major conferences, leaving its mark at the Hong Kong Web3 Festival, TOKEN2049 Dubai, Consensus 2024, Money20/20 Europe, and ETHCC Brussels. Our journey doesn't stop here—you can expect to see us at even more events in the second half of the year. And if you're curious to see the bigger picture, head over to our website and check out our 3-year roundup video.
Thank you for joining us on this journey. We encourage you to stay tuned for even more exciting progress in the second half of the year! 
About Alchemy Pay
Founded in Singapore in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off Ramp, Crypto Card, Web3 Digital Bank, Crypto Payments and NFT Checkout, Alchemy Pay supports payments in 173 countries.
The Ramp is a one-stop solution to buy and sell crypto and fiat, easily
integrated by platforms and dApps according to requirements. The Crypto Card solution empowers businesses and token issuers to provide users with branded virtual and physical cards for instant global spending. Additionally, our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. The crypto payment solution enables merchants to accept crypto payments globally, while allowing users to conveniently spend their crypto assets for everyday purchases. ACH is the Alchemy Pay network token on the Ethereum blockchain.

Headline News
Crypto Payment Solution Major Update
Alchemy Pay, the world-leading fiat-crypto payment solution provider, has announced a significant update to its crypto payment business, aimed at optimizing the overall user flow for seamless and efficient crypto transactions and acceptance. The updated crypto payment process is more streamlined and user-friendly.
Alchemy Pay now supports users connecting their exchange and brokerage accounts such as Coinbase, Kraken, and Robinhood to pay for orders using their crypto balances. This also enables merchants to accept crypto payments through these methods.
Mastercard Collaboration to Streamline Account Opening & Reduce Fraud
Alchemy Pay is working with Mastercard to verify authentic users and prevent fraud in the application process. By leveraging Mastercard’s account opening solution, Alchemy Pay ensures a seamless registration experience while efficiently detecting fraud, thereby strengthening risk control measures and enhancing platform security.
The integration of Mastercard’s account opening API enhances the security identification and risk control features across Alchemy Pay’s diverse product offerings, including On & Off-ramp solutions, NFT Checkout, and its Crypto Card Solution.
Payment Channel Integrations
Alchemy Pay Partners with Paysafe to Expand Market Presence in Europe
With this strategic partnership with Paysafe (NYSE: PSFE), a leading payments platform, Alchemy Pay integrates Paysafe’s Skrill, NETELLER, and multiple local payment methods into its fiat On-ramp offering, enhancing convenience and accessibility for global users, particularly across European markets. Paysafe has a robust track record of connecting consumers and merchants through seamless payment processing, digital wallets, and online cash solutions, supporting 250+ payment types in over 40 currencies.
Volt’s Real-Time Payment Channels Enhance European Service
With the integration of Volt’s European payment network and its open banking for instant payment, including Revolut and N26, into its On-ramp service, Alchemy Pay aims to unlock significant growth by expanding its coverage in key European markets, which will further facilitate real-time EURO payouts for users purchasing cryptocurrencies. 
On & Off-Ramp Integrations
Chiliz Chain Integrates Alchemy Pay for Easy On-ramping of its Ecosystem Tokens
Introducing our new partner Chiliz, the leading sports blockchain and the home of SportFi. Currently, Alchemy Pay has integrated CHZ and several Fan Tokens, including ACM, ARG, ATM, and 10 others within the Chiliz ecosystem. Future integrations will include JUV, ASR, and more. Together, we are bringing fiat-crypto payments in sports, enhancing fan engagement and connecting fans with brands in new ways.
Introducing Fiat On-Ramp to Tomo, the Polychain-Backed Social Wallet
Tomo, an all-in-one Web3 social wallet, has integrated Alchemy Pay’s On-Ramp solution within its wallet app for its users. This service offers Tomo’s users enhanced flexibility by allowing users to deposit crypto funds using their preferred fiat payment methods. Recently, Tomo raised $3.5 million in seed funding led by Polychain, with participation from notable institutions such as ConsenSys and Nomad Capital. This integration supports ETH on both the Base Network and Linea blockchain that can be deposited onto Tomo’s Multichain Social Wallet available on Tomo Application and as a Tomo Extension Wallet.
Taiko Launches Alchemy Pay On & Off-Ramp
Taiko, an Ethereum-equivalent (Type 1) ZK-EVM, has integrated Alchemy Pay’s On and Off Ramp, introducing it to its ecosystem. Now, developers and users on Taiko can access Alchemy Pay’s services through its ecosystem listing page, enabling crypto purchases and sales via their preferred payment methods available in 173 countries.
Discover
Speech at ETHCC Brussels
Robert McCracken, our Ecosystem Lead, gave a sterling presentation Bridging the Fiat and Crypto Economies: Payments & Progress in 2024.”
https://www.youtube.com/watch?v=vqvO0QtdmZM
Advanced Banking Solution Enables Web3 Enterprises to Open Multi-fiat Accounts with Crypto Support
In May, Alchemy Pay set an exciting venture into our new product the Web3 Digital Bank. As a pivotal player in the fiat-crypto payment sphere and a trusted provider of payment solutions, our focus remains squarely on facilitating seamless transactions between fiat and crypto. Whether it’s our On & Off-Ramp solution, crypto card, or the upcoming web3 digital bank, every innovation is driven by a deep understanding of our users’ and clients’ needs.
Alchemy Pay Empowers Web2 Enterprises to Engage in Crypto Investments
Discover how, with our Web3 Digital Bank solution, enterprises can seamlessly invest in crypto assets with the potential for significant gains tailored to their specific requirements. Moreover, Alchemy Pay’s Web3 Digital Bank offers the flexibility to convert crypto assets back into fiat currency, allowing for efficient management within their accounts.
How Alchemy Pay Crypto Payments Solution Gets a Power-Up

Check out this article to see how the updated crypto payments solution benefits both merchants and users. This solution is designed for merchants worldwide to accept cryptocurrency payments. The latest update enhances the user experience even further, making it easier and more efficient for businesses and customers alike.
Offline & Online Events
EthCC (7) Brussels: Alchemy Pay Empowers Mainstream Usability
EthCC in Brussels brought together crypto’s biggest and most enthusiastic community — and our team was there to meet peers, developers, and partners in the fiat-crypto payment space and share the latest developments.
Robert McCracken, our Ecosystem Lead, gave a sterling presentation “Bridging the Fiat and Crypto Economies: Payments & Progress in 2024.”
Isik University’s Tech Summit in Turkey
AlchemyPay took the stage at Isik University’s Tech Summit in Turkey. We introduced our crypto payment product and technology to students and professors, inspiring minds and fostering meaningful discussions.
Scroll & Alchemy Pay X Space Discussion
Our Ecosystem Lead Robert Mccracken sat down to chat with the Scroll team to discuss their layer-2 network and user accessibility improvements following integration with Alchemy Pay.
Discord Community AMA July
Ecosystem Lead Robert McCracken joined our Community AMA this month and answered your latest questions about Alchemy Pay’s progress and the wider crypto development. Don’t miss the next one in August!

Discord: discord.gg/alchemypay
Community Contests & Quizzes
TON Community Explores ‘Tap 2 Earn’ with Alchemy Pay
We dove into the world of TON with Hamster Kombat and Tapswapai! As more enthusiasts join, we’re exploring Tap2Earn with AlchemyPay today. Our communities were able to complete the Galxe Quest to unlock $100 in $ACH rewards. https://app.galxe.com/quest/AlchemyPay/GC5GctgoRz
Crypto Quiz to win 2500 $ACH!
Ready for a crypto challenge? Join the Alchemy Pay Crypto Quiz to win 2500 $ACH! The quiz has 3 stages, with 2 questions each on July 22, 24, and 26. Accumulate the most points to claim the prize. Join Now! TG: https://t.me/alchemy_official
Astrocat: Telegram Community Gaming Event
A thrilling gaming experience with the game and aim for the top to win fantastic prizes! 5 top players shared 2500 $ACH. Don’t miss out on the next one. Join now! https://t.me/alchemy_official
Favorite Blogs & News
We would like to hear about your favorite blog posts from our website. Pick the blog that resonates with you, and share it on Telegram with your reason why it’s a must-read to win 2500 $ACH! Blogs: alchemypay.org/blogs
UEFA EURO Blurry Puzzle Challenge
Get ready for the “UEFA EURO Blurry Puzzle” challenge: Identifying 10 blurred images representing World Cup-related terms and sharing 1,000 $ACH! Join Discord: discord.gg/alchemypay
Learn More
Try Alchemy Pay On & Off Ramp
Try our On & Off Ramp to buy and sell crypto and local fiat currencies today
https://ramp.alchemypay.org/
Enquiries for Plugin & API Integration
Developers of Web3 platforms, and dApps with interest in integrating Alchemy Pay’s ramp solution can contact via the website https://alchemypay.org/contact

 

Alchemy Pay, the world's leading crypto payment solutions provider, has broadened its payment options across 29 European countries on its On-Ramp service. The pan-European payment network includes 200+ major banks, local banks, and e-wallets, which deliver effortless and secure EURO-to-cryptocurrency for users, especially in European countries.
Supported Countries and Currencies
The open banking payment option supports transactions in EUR and is available to users in 29 European countries. The supported countries are as follows: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom.
Extensive Banking Network
Alchemy Pay's open banking integration connects with over 200 major banks and numerous local banks across Europe. This includes renowned bank institutions and key players such as N26, BNP Paribas, HSBC, Deutsche Bank, UniCredit, Swedbank, popular e-wallet like Revolut, as well as local banks like DSK Bank (Bulgaria), Zagrebačka Banka (Croatia), Danske Bank (Denmark), Société Générale (France), and SEB (Sweden), etc.
Enhancing User Experience with Open Banking
This expansion allows users in these countries to enjoy faster, more secure, and more convenient fiat-to-crypto transactions through a robust network of trusted banks. By leveraging these open banking options, Alchemy Pay provides a streamlined process that enhances the user experience, offering a straightforward way to purchase crypto while building confidence among users who prefer to transact through their established banking relationships. Alchemy Pay is making it simpler than ever for users across Europe and Brazil to participate in the crypto economy.
Expanding Global Access to Cryptocurrencies
With continually growing payment networks, enhanced payment capabilities, and user-friendly interfaces, Alchemy Pay is dedicated to simplifying the onboarding process and encouraging the widespread adoption of cryptocurrencies. Boasting an expansive payment network across 173 countries, Alchemy Pay provides access to an impressive selection of over 300 fiat payment channels. By the end of 2024, Alchemy Pay aims to support all crypto-accessible countries with its On-ramp service, making it easier for users around the world to purchase crypto effortlessly.
Notably, both Visa and Mastercard have formally authorized Alchemy Pay as a third-party payment service provider. Demonstrating a strong commitment to regulatory compliance, Alchemy Pay has proactively obtained various licenses in diverse countries and regions, encompassing but not limited to the United States, the UK, Canada, Indonesia, and Lithuania. These regulatory milestones have positioned Alchemy Pay to promote global crypto adoption effectively.
About Alchemy Pay
Founded in Singapore in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off Ramp, Crypto Card, Web3 Digital Bank, Crypto Payments and NFT Checkout, Alchemy Pay supports payments in 173 countries.
The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The Crypto Card solution empowers businesses and token issuers to provide users with branded virtual and physical cards for instant global spending. Additionally, our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. The crypto payment solution enables merchants to accept crypto payments globally, while allowing users to conveniently spend their crypto assets for everyday purchases. ACH is the Alchemy Pay network token on the Ethereum blockchain.

Alchemy Pay, the world-leading fiat-crypto payment solution provider, has announced a major update to its crypto payment business, optimizing the user journey to provide a seamless and efficient experience. 
This solution is designed for merchants worldwide to accept cryptocurrency payments, helping to attract new customers while avoiding high fees and chargebacks. The latest update enhances the user experience even further, making it easier and more efficient for businesses and customers alike.
Optimized User Journey with More Payment Choices
Wider Payment Options: One of the updates allows users to use the crypto funds in their brokerage or exchange accounts to purchase real-world goods and services. Alchemy Pay can link users' exchange accounts with authorization, convert crypto to fiat, and complete the purchase. Additionally, Alchemy Pay retains the original payment option, allowing users to transact the amount of crypto to the designated address to complete the order.

Intuitive & Smooth Access: Individual users can now enjoy a more direct purchasing process. In any merchant store integrated with Alchemy Pay's Crypto Payment solution, users will have a wide range of payment methods to choose from, including credit cards, and cryptocurrency.
Crypto Acceptance and Fast Settlement for Merchants 
Alchemy Pay not only empowers individual customers to seamlessly use crypto for checkout, but also assists merchants in converting and settling crypto payments into their accepted fiat currencies. This solution offers mainstream-friendly access to crypto services and facilitates the use of digital currencies for real-world goods and services.
Fast Settlement: Alchemy Pay steps in to convert the payment into the merchant's local currency. This conversion is executed quickly and efficiently, ensuring that merchants do not experience any delays in accessing their funds. Once a customer completes a payment using cryptocurrency, Alchemy Pay then initiates the bank settlement process. This rapid settlement process helps merchants maintain smooth cash flow and reduces the complexities associated with handling multiple currencies.All-in-one management: Alchemy Pay provides merchants with a comprehensive back-end platform that consolidates all transaction data in one place. This user-friendly dashboard allows merchants to easily monitor and manage all their transactions, view detailed reports, and track payment statuses.
Alchemy Pay Expertise in Crypto Payments
As a specialist in the crypto payments industry, Alchemy Pay gives crypto access to fiat payments for mainstream accessibility, serving numerous online and in-store merchants with its innovative crypto payment solutions. 
Extensive Payment Network & Global Coverage: Alchemy Pay boasts an impressive network with over 300 fiat payment channels, supporting fiat-crypto purchases in 173 countries. This includes a variety of payment methods such as Visa, Mastercard, popular mobile wallets, and domestic bank transfers.Wide Range of Supported Scenarios: Thanks to Alchemy Pay's advancements in payment capabilities, fiat-crypto transactions and settlements now mirror regular checkout processes. This seamless integration facilitates widespread crypto adoption and usage across various scenarios, including online and offline, covering all the daily needs.Highly Regulated: As a trusted solution for crypto payments, Alchemy Pay holds six licenses across the globe, including in the UK, United States, Canada, Europe, and Indonesia, ensuring the highest standards of regulatory compliance and client security. In 2024, the company plans to obtain more than 20 additional licenses. Notably, Alchemy Pay's credentials are recognized by leading payment giants Visa and Mastercard, endorsing it as their trusted third-party payment provider.
Get Started with Alchemy Pay Crypto Payments Solution
Alchemy Pay got you covered with helpful materials, from beginner-friendly guides to in-depth technical explanations, to make sure the setup process is seamless.
Developers of Web3 platforms, dApps, and merchants with interest in integrating Alchemy Pay’s Crypto Payments solution can contact via the website https://alchemypay.org/contact.
About Alchemy Pay
Founded in Singapore in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off Ramp, Crypto Card, Web3 Digital Bank, Crypto Payments and NFT Checkout, Alchemy Pay supports payments in 173 countries.
The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The Crypto Card solution empowers businesses and token issuers to provide users with branded virtual and physical cards for instant global spending. Additionally, our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. The crypto payment solution enables merchants to accept crypto payments globally, while allowing users to conveniently spend their crypto assets for everyday purchases. ACH is the Alchemy Pay network token on the Ethereum blockchain.

In May, Alchemy Pay set an exciting venture into our new product the Web3 Digital Bank. As a pivotal player in the fiat-crypto payment sphere and a trusted provider of payment solutions, our focus remains squarely on facilitating seamless transactions between fiat and crypto. Whether it's our On & Off-Ramp solution, crypto card, or the upcoming web3 digital bank, every innovation is driven by a deep understanding of our users' and clients' needs.
Our Web3 Digital Bank allows enterprises to open virtual multi-fiat accounts online. Now, let's unpack what this service means: multi-fiat accounts, solutions for enterprise, and virtual online banking. These are the key elements you should consider before opening an account. Ultimately, this translates to greater control and management of your enterprise's cash flow. 
Multi-fiat Account Benefits for Enterprises
For businesses engaged in international trade, employing foreign staff, or working with global clients, a multi-fiat account offers a game-changing solution to streamline operations and boost efficiency.
Cost Savings: Traditional bank accounts often come with various fees such as monthly administration charges, minimum balance requirements, and service fees for each currency held. With a multi-currency account, businesses can consolidate these costs into a single fee, resulting in substantial savings.Optimized Fund Allocation: Typically, banks mandate a minimum deposit for each currency in a business account. By utilizing a multi-currency account, these requirements can be shared among multiple currencies, freeing up dormant funds for more productive use within the company, thus optimizing financial resources.Simplified Cash Management: Managing multiple individual fiat accounts can be cumbersome, leading to increased administrative work and accounting complexities. With a multi-currency account, all currencies are consolidated under one platform, streamlining cash management tasks, reducing paperwork, and enhancing overall operational efficiency.Mitigated Foreign Exchange Risks: Businesses involved in frequent international transactions are vulnerable to currency exchange fluctuations, resulting in potential losses. With a multi-currency account, companies have the flexibility to switch between currencies at opportune moments, mitigating foreign exchange risks and minimizing financial losses.
Extra Advantages of Alchemy Pay’s Web3 Digital Bank 
Set apart by its unique blend of profound crypto payment know-how and years of traditional finance insight, Alchemy Pay offers unmatched advantages over other multi-fiat account services.
Effortless Online KYB: With Alchemy Pay, the Know Your Business (KYB) process moves online, streamlining onboarding without the need for a physical visit. This digital-first approach caters perfectly to businesses with distributed teams or those situated away from bank branches, simplifying access and enhancing convenience. Speed and efficiency: Forget the lengthy waits and piles of paperwork associated with traditional banks. Alchemy Pay's virtual account setup is swift, with a streamlined approval process that gets your operations running quickly. Plus, with 24/7 online access, manage your business finances anytime, anywhere—ideal for global operations and different time zones.EUR and USD Support: Initially catering to the primary demand with EUR and USD support, Alchemy Pay ensures your enterprise can perform real-time transfers between these key currencies. And with plans to expand our fiat offerings, we're committed to meeting your evolving needs.Seamless Fiat-to-Crypto Transactions in Your Bank: Unlike most, Alchemy Pay enables direct fiat-to-crypto conversions including USDT and USDC within the same account—facilitating on-chain transfers, payments, and more for Web3 enterprises. This feature positions Alchemy Pay as the go-to digital banking solution for the Web3 sector, offering a level of integration traditional and digital banks can't match.
In conclusion
Alchemy Pay's Web3 Digital Bank is specifically designed to provide businesses with a silky smooth, easy and efficient online multi-currency account opening service, allowing them to increase the efficiency and control of their money operations. 
With support for both EUR and USD, and the unique ability to convert fiat to cryptocurrency, Alchemy Pay delivers a comprehensive and versatile banking solution that caters to the dynamic needs of compliant Web3 companies, making financial management more flexible than ever, and ensuring those business stays ahead in the fast-paced digital economy.
About Alchemy Pay
Founded in Singapore in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off Ramp, Crypto Card, Web3 Digital Bank, NFT Checkout, and Crypto Payments, Alchemy Pay supports payments in 173 countries.
The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The Crypto Card solution empowers businesses and token issuers to provide users with branded virtual and physical cards for instant global spending. Additionally, our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. The crypto payment solution enables merchants to accept crypto payments globally, while allowing users to conveniently spend their crypto assets for everyday purchases.

ACH is the Alchemy Pay network token on the Ethereum blockchain.

 

EthCC in Brussels last week brought together crypto’s biggest and most enthusiastic community. With hundreds of networking events sprawling out across the Belgian capital and the main event itself, it was a powerful display of the fervour and support that Ethereum still commands.
With usability and accessibility at the forefront of the event, this was the year’s most important gathering for smart contract and DeFi developers this year. Representatives from Alchemy Pay’s Europe and Asia teams were there to meet peers and partners in the fiat-crypto payment space, Web3 developers, and also to remain up to date on the very latest developments.
Alchemy Pay Presents the 2024 Fiat-Crypto Landscape
A highlight of the event for Alchemy Pay was our presentation at the official EthCC event given by our Ecosystem Lead, Robert McCracken. With “Bridging the Fiat and Crypto Economies: Payments & Progress in 2024,” Robert delivered an address that explored the developments of on & off ramp providers in the wider context of crypto, tradfi, and regulators.
Recent years have been considered a crypto winter in one sense but, with the launch of our new services such as the Crypto Card, Multi-Fiat bank accounts, and fiat currency exchanges, it is clear that there has been a consistent coming together of web3 and traditional payments. Mastercard’s push for the launch of web3 cards and Visa’s continued trialling of the ERC 4337 Paymaster to abstract gas fees were highlighted.
Vitalik Excites Devs at AltLayer Rollup Day
Alchemy Pay’s team also found time to meet with many new and established projects at this year’s packed out Rollup Day organised by our recent integration partner, AltLayer. The day featured a talk by Ethereum co-founder Vitalik Buterin. His vision for a more resilient and accessible Ethereum network utilising layer-2 chains and multisig wallets was inspiring. The keynote was a demonstration of the importance and impact of positive and respected figures in a space that so often lacks a human touch’s continued influence and thought leadership in the crypto space.
Apps and Intellectual Property in Focus
As Farcaster’s daily active users hit an all-time high for seven-day trailing average at around 67,000 at the time of EthCC, it was a good marker to show the importance of usable apps for the Ethereum ecosystem. Many events and speakers focused on the importance of apps that are so good that they cross over to the mainstream. There is a sense that the infrastructure — including Alchemy Pay’s fiat-crypto services — can now fully support Ethereum devs in adaptive and versatile ways. What is still missing is the mainstream friendly array of apps that Web2 users currently enjoy.
Also at the event was discussion of intellectual property on chain. There was some excitement around the 16z-backed Story Protocol which announced it would be launching the world’s first intellectual property blockchain with its new Story network. The chain will let creators upload their intellectual property to the blockchain, where they can then set the terms for how the intellectual property can be used and monetized.
Alchemy Pay Supports Web3 Ethos
Throughout the busy week of events, our team found devs keen to integrate our fiat-crypto onboarding services which can provide them with global payment standards such as Mastercard, Visa, Google Pay, and Apple Pay in 173 countries. Alchemy Pay’s peerless support for low cost, secure domestic bank transfers and fiat mobile wallets as well as the Crypto Card Solution that can help build out their brand and functionality.
A fantastic event in Brussels! Next Stop: WebX 2024 in Tokyo, Japan — see you there!
About Alchemy Pay
Founded in Singapore in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off Ramp, Crypto Card, Web3 Digital Bank, Crypto Payments and NFT Checkout, Alchemy Pay supports payments in 173 countries.
The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The Crypto Card solution empowers businesses and token issuers to provide users with branded virtual and physical cards for instant global spending. Additionally, our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. The crypto payment solution enables merchants to accept crypto payments globally, while allowing users to conveniently spend their crypto assets for everyday purchases. ACH is the Alchemy Pay network token on the Ethereum blockchain.

In May, Alchemy Pay set an exciting venture into our new product the Web3 Digital Bank. As a pivotal player in the fiat-crypto payment sphere and a trusted provider of payment solutions, our focus remains squarely on facilitating seamless transactions between fiat and crypto. Whether it's our On & Off-Ramp solution, crypto card, or the upcoming web3 digital bank, every innovation is driven by a deep understanding of our users' and clients' needs.
In addition to facilitating account opening, the Alchemy Pay Web3 Digital Bank also enables enterprises to engage in compliant crypto asset investment. With the increasing mainstream adoption of cryptocurrencies, they are emerging as premium assets, prompting numerous businesses to explore investment opportunities in this sphere. 
Through our solution, enterprises can seamlessly invest in crypto assets with the potential for significant gains tailored to their specific requirements. Moreover, Alchemy Pay’s Web3 Digital Bank offers the flexibility to convert crypto assets back into fiat currency, allowing for efficient management within their accounts.
Crypto Investment Needs for Businesses
With the widespread adoption of cryptocurrency and the pivotal events driving its integration into mainstream finance, cryptocurrencies have undeniably forged stronger connections with traditional financial systems. As of now, the SEC has approved the spot ETFs for Bitcoin and Ether (19b-4 filing), marking a significant milestone in the crypto industry. Additionally, key markets such as Hong Kong have officially commenced trading spot ETF products. This positive trend is unfolding globally, and these approvals open up additional investment prospects and drive cryptocurrency closer to widespread acceptance.
But this transformation was underway well before the introduction of spot ETFs in both the United States and HongKong in 2024. On the consumer front, numerous established brands are now embracing cryptocurrencies as a means of purchasing goods, presenting them as an optional payment method for their consumers.
From a corporate standpoint, companies are increasingly turning to cryptocurrency investments as a means of generating revenue and diversifying their asset portfolios. A notable example is Michael Saylor's MicroStrategy, which currently holds a substantial 205,000 bitcoins. Saylor has pursued an active investment strategy in the cryptocurrency market, resulting in a remarkable 675% increase in Bitcoin's value since his initial purchases. This strategic move has significantly bolstered MicroStrategy's share price and market capitalization.
Another illustrative case is Warren Buffett's Berkshire Hathaway, which allocated $750 million in 2021 to Brazilian fintech company Nu Holdings. Nu Holdings' subsidiary, Nubank, operates as the largest digital bank in Latin America and is notably crypto-friendly. Nubank allows individual users to buy, sell, and hold cryptocurrencies directly through its platform, and also facilitates investments in crypto-related ETFs. In 2023, Nu Holdings shares surged by an impressive 93%, marking it as Warren Buffett's top-performing investment for that year.
Alchemy Pay’s Cutting-edge Crypto Investment Solutions
The above case illustrates the widespread need for Web2 businesses to engage in cryptocurrency investments, driven by the allure of substantial returns. However, for traditional businesses, navigating the realm of crypto asset investment poses a significant challenge. Existing solutions predominantly cater to individual users, often falling short in accommodating the financial volumes required by businesses.
Addressing this challenge head-on, Alchemy Pay's Web3 Digital Bank endeavors to alleviate this pain point for enterprises. From initiating cryptocurrency investments to seamlessly converting back to fiat currency, all transactions can be executed within a unified account and interface. This integrated approach streamlines operations, offering businesses a user-friendly platform to effectively manage their funds.
Multi-fiat currency Account Opening: Alchemy Pay enables compliant Web2 enterprises to establish an online virtual account by completing a Know-Your-Business (KYB) certificate. This account functions as a multi-fiat account supporting euros and dollars, facilitating seamless currency conversion between the two. Plans are underway to incorporate additional major fiat currencies, alongside an expansion of supported countries and regions.All-in-One Platform: Within the account, both fiat currencies can be effortlessly converted to stablecoins like USDT and USDC, consolidating the platform as a comprehensive hub for crypto investments.Robust Security Measures: Alchemy Pay holds licenses and adheres to regulatory standards in Europe, ensuring the utmost protection for every investment. Furthermore, our operational model refrains from holding funds or assets in escrow, granting companies greater autonomy over their assets.Established Expertise with 7+ Years: With a foundation dating back to 2017, Alchemy Pay has emerged as a leading expert in crypto payments. Our expertise extends beyond online services, encompassing offline crypto payment acceptance systems as well as Ramp and card services. Leveraging our extensive experience in both crypto and traditional payments, we are committed to assisting businesses in compliant crypto asset investment, fostering their sustainable growth.
In Conclusion
Alchemy Pay's Web3 Digital Bank offers tailored solutions crafted to deliver a seamless, user-friendly experience for enterprises seeking hassle-free online multi-currency account opening and crypto investment services for compliant Web2 companies. Through our bank account services, enterprises gain the capability to securely purchase and retain cryptocurrencies as part of their corporate assets, empowering them with greater financial flexibility and control.
About Alchemy Pay
Founded in Singapore in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off Ramp, Crypto Card, Web3 Digital Bank, NFT Checkout, and Crypto Payments, Alchemy Pay supports payments in 173 countries.
The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The Crypto Card solution empowers businesses and token issuers to provide users with branded virtual and physical cards for instant global spending. Additionally, our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. The crypto payment solution enables merchants to accept crypto payments globally, while allowing users to conveniently spend their crypto assets for everyday purchases. ACH is the Alchemy Pay network token on the Ethereum blockchain.

Alchemy Pay, the world-leading fiat-crypto payment solution provider, has announced a significant update to its crypto payment business, aimed at optimizing the overall user flow for seamless and efficient crypto transactions and acceptance. 
The updated crypto payment process is more streamlined and user-friendly. Alchemy Pay now supports users connecting their exchange and brokerage accounts such as Coinbase, Kraken, and Robinhood to pay for orders using their crypto balances. This also enables merchants to accept crypto payments through these methods.
11 exchanges are already supported, including Kraken, KuCoin, Paxos, OKX, Bybit, Coinbase, Coinbase Prime, Robinhood, Binance, BinanceUS and Huobi. Major cryptocurrencies such as Bitcoin, Ethereum, USDT, and USDC are supported, providing users with flexible payment options.
Additionally, users can choose to pay with cryptocurrency after placing an order at a merchant integrated with Alchemy Pay. They can transfer crypto to the address provided by Alchemy Pay to complete the payment. 
This crypto payment solution enables merchants globally to accept cryptocurrency payments, attracting new customers while avoiding high fees and chargebacks. Since its inception, Alchemy Pay has specialized in crypto payments, and now, with a more experienced team, it has refined its services to better cater to both online and offline merchants looking to add crypto payment options. The latest update further enhances the user experience, making it easier and more efficient for businesses and customers alike.
Already trusted by Polygon, Arbitrum, TON, ICP, Binance, OKX, Bitget, etc., Alchemy Pay has established itself as a specialist in the crypto payments industry, giving crypto access to fiat payments for mainstream accessibility. Serving numerous online and in-store merchants, as well as partners in the crypto industry, Alchemy Pay offers innovative solutions such as On & Off-Ramp, Crypto Card Solution, NFT Checkout, and Crypto Payments, with 6 compliant licenses held across 4 countries.
Operating across 173 countries and supporting over 50 fiat currencies, Alchemy Pay has more than 300 fiat payment channels. These channels allow crypto services, DApps, and networks to onboard users with popular local and global mobile wallets, as well as traditional card and bank transfer payments.

Crypto Payments Enquiries 
Developers of Web3 platforms, dApps, and merchants with interest in integrating Alchemy Pay’s Crypto Payments solution can contact via the website https://alchemypay.org/contact
About Alchemy Pay
Founded in Singapore in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off Ramp, Crypto Card, Web3 Digital Bank, Crypto Payments and NFT Checkout, Alchemy Pay supports payments in 173 countries.

The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The Crypto Card solution empowers businesses and token issuers to provide users with branded virtual and physical cards for instant global spending. Additionally, our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. The crypto payment solution enables merchants to accept crypto payments globally, while allowing users to conveniently spend their crypto assets for everyday purchases. ACH is the Alchemy Pay network token on the Ethereum blockchain.

Alchemy Pay, the world-leading fiat-crypto payment gateway, has partnered with Mastercard to verify authentic users and prevent fraud in the application process. By leveraging Mastercard’s account opening solution, Alchemy Pay ensures a seamless registration experience while efficiently detecting fraud, thereby strengthening risk control measures and enhancing platform security.
 Mastercard’s identity solutions enable organizations to verify and authenticate genuine consumers. Its account opening solution leverages advanced machine learning to help organizations identify genuine consumers and fraudulent actors during the application process. In partnership with Mastercard, Alchemy Pay can identify users based on their risk levels and guide them through corresponding workflows.
The integration of Mastercard’s account opening API enhances the security identification and risk control features across Alchemy Pay's diverse product offerings, including On & Off-ramp solutions, NFT Checkout, and its Crypto Card Solution. By leveraging these advanced capabilities, Alchemy Pay’s customers will benefit from increased protection against identity fraud and the mitigation of potential malicious activities.
To date, Alchemy Pay's ramp payment network has grown to encompass more than 300 payment channels spanning 173 countries, supporting over 50 fiat currencies. This positions Alchemy Pay as an expert in delivering solutions that facilitate mainstream accessibility to fiat payments for crypto and Web3 services. Additionally, Alchemy Pay accommodates global payment methods widely used by everyday users as well as regional mobile wallets and local bank transfers preferred in specific regions.
Leveraging rich experience in traditional finance and fintech payments, the Alchemy Pay team has demonstrated a strong record in obtaining Authorized Payment Institution licenses across different countries and regions, including the United States, Canada, Indonesia, and Lithuania. Recently, Alchemy Pay secured a license in the UK, showing its leadership in the crypto payment sector.
About Alchemy Pay
Founded in Singapore in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its On & Off-Ramp solution, Crypto Card, Web3 Digital Bank, NFT Checkout and Crypto Payments, Alchemy Pay supports payments in 173 countries.
The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and Apps according to requirements.  The Crypto Card solution empowers businesses and token issuers to provide users with branded virtual and physical cards for instant global spending. The Web3 Digital Bank offers an innovative solution, allowing Web3 enterprises to open multi-fiat accounts and facilitating instant conversion between fiat and cryptocurrencies. ACH is the Alchemy Pay network token on the Ethereum blockchain.