Alchemy Pay丨March Update 2023

Alchemy Pay
7 min readMar 31, 2023

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A strong month for Alchemy Pay! Hard to pick out highlights but obtaining four financial licenses in Hong Kong was definitely one of them. Having our on-ramp payment solution integrated by OKX, one of the largest exchanges in the world, was another! We also secured support for Discover and Diners Club payment channels. The former White House advisor, David Pouffle, and former Lazada VP, Andy NG, joined our committee-based team. All that, and we just got back from ETHDenver and Paris Blockchain Week.

Alchemy Pay Partners with ZD Group To Obtain Hong Kong Financial Licenses

Alchemy Pay has partnered with ZD Group, the parent company of Mouette Securities, a global investment fund. Through this strategic collaboration, ZD Group will share its four financial licenses authorised by Securities and Futures Commission (SFC) and Insurance Authority (IA) of Hong Kong with Alchemy Pay. Alchemy Pay commits to provide crypto payment solutions to all businesses in ZD Group. The licenses are mandatory for conducting financial investment businesses in Hong Kong, covering dealing with securities, asset management, and brokerage.

Former White House Senior Advisor David Plouffe Joins Alchemy Pay Advisory Board

Former White House Senior Advisor and campaign manager, David Plouffe, has joined Alchemy Pay as a Global Strategic Advisor. Plouffe is credited with the strategy and public engagement that won Barack Obama’s 2008 presidential campaign and subsequently became Senior Advisor to the President in the Obama Administration. Of joining Alchemy Pay he said, “Alchemy Pay understands that the key to crypto sustainability and growth is broadening utility cases by focusing on payment channels, proper compliance and user experience.”

OKX Deploys Alchemy Pay’s Fiat Onramp Solution for Easy Crypto Purchases

OKX has launched the Alchemy Pay fiat-crypto on-ramp solution on its platform. Alchemy Pay’s payment on-ramp supports fiat deposits with Visa and MasterCard, as well as numerous popular fiat mobile wallets in emerging markets. The ramp integration makes it easy for the public to access OKX for crypto purchases via local fiat currencies. As one of the largest exchanges in the world, OKX has over 20 million active users in more than 180 countries around the world.

Diners Club & Discover Cards Supported for Fiat-Crypto Purchases on Alchemy Pay Ramp

Alchemy Pay now supports customers to use the highly popular Discover and Diners Club card for highly convenient crypto purchases using their fiat funds. The integration of Discover and Diners Club with Alchemy Pay’s global ramp will enable card holders to purchase crypto from many regions outside the USA. This service will be available to the US users in Q2 2023.

Alchemy Pay Announces Former Senior Vice President of Lazada Andy Ng as its Advisory Board Member

With his extensive background in product development spanning over 20 years, Andy Ng has joined Alchemy Pay to play a crucial role in advising on product design and innovations that will enhance Alchemy Pay’s performance as a payment gateway. As former Lazada President, Andy brings a wealth of experience in product development across diverse fields such as e-commerce, e-healthcare, and big data.

ETHDenver Puts ZK Proofs in Focus for Alchemy Pay’s Fiat-Crypto Payments

With a team representing Alchemy Pay on the ground at one of the largest crypto events of the year, ETHDenver put community and utility at the forefront for the Ethereum blockchain. Among many events was Alchemy Pay’s presentation at the Antalpha Hackerhouse where 20+ plus developers were focused on ZK proof development. Alchemy Pay explored the possibilities of incorporating ZK proof technology into crypto’s payment gateway sector.

Burger King in Paris Welcomes Crypto Payments for Instpower Powerbanks Via Alchemy Pay and Binance Pay

At restaurants in Paris, the global fast-food chain Burger King, has installed the popular Instpower power bank rental machines that accept crypto payments facilitated by crypto payment providers, Alchemy Pay and Binance Pay. Instpower is a world-leading power bank-charging service, and has teamed up with Binance Pay and Alchemy Pay to let its users pay with cryptocurrency for power bank devices at more than 14,000 locations worldwide.

Alchemy Pay and Vatreni Partners for Seamless Crypto Ramp Solutions

The loyalty token of the Croatian football federation, Vatreni, has gone live with the Alchemy Pay on ramp and off ramp Solution on its platform. Vatreni will leverage Alchemy Pay’s services to allow their users to buy Vatreni tokens on Polygon chain via fiat currencies or sell it to receive fiat.

Gate Pay Partners with Alchemy Pay to Expand Merchant Integration

Gate Pay, the cryptocurrency payment function developed by Gate.io, the world leading full-service digital asset exchange platform, has partnered with fiat-crypto payment solutions provider Alchemy Pay to bridge crypto and fiat through Gate Pay wallet. The pair will help Gate Pay to integrate Alchemy Pay merchants network such as AllValue, Instpower, and other major merchants.

Mexico Domestic Payment Systems & Bank Transfers Supported for Crypto Purchases

Thailand Domestic Payment Systems & Bank Transfers Supported for Crypto Purchases

Paris Blockchain Week — Europe’s Premier 2023 Event

Alchemy Pay was in attendance at one of Europe’s premier crypto events — Paris Blockchain Week. The event was the first major European event of 2023 and brought together founders, CEOs and projects with thousands of attendees. As well as Alchemy Pay having a booth, Ecosystem Lead, Robert McCracken, joined representatives from Onramper and Upland for a panel discussion about the crossover between Web2 and Web3.

MathWallet and Alchemy Pay Partner for Seamless and Secure Crypto Ramp Solutions

Alchemy Pay’s on and off ramp solutions are now available on MathWallet, bringing forward a simple, fast and secure payment experience to its wallet users. The integration means users can pay with their preferred fiat payment methods directly to buy crypto to fund their wallet, or to sell crypto to fiat currency instantly.

Harmony x Alchemy Pay Twitter Space

Harmony’s Lead Protocol Engineer, Casey Gardiner, joined Alchemy Pay for a discussion covering a wide range of topics, such as the logistics behind Harmony’s decentralisation process and the importance of accessibility.

MetaLine Launches Globally Accessible On & Off Ramp Solution

The metaverse sailing strategy game, MetaLine, has gone live with the Alchemy Pay On and Off ramp solution for its users. The integration means MetaLine’s end-users can pay with their preferred fiat payment methods directly to seamlessly buy crypto or vice versa. The off-ramp capability is able to remit to users in 50+ local fiat currencies.

Alchemy Pay’s On & Off Ramp Payment Services Launch on UniPass Wallet

Alchemy Pay’s on and off ramp solutions are now available on UniPass wallet, bringing a simple, fast and secure payment experience to its wallet users. The integration means users can pay with their preferred fiat payment methods directly to seamlessly buy crypto or vice versa. UniPass is a non-custodial smart contract wallet that provides a seedless and gasless user experience.

Alchemy Pay Academy

Alchemy Pay has launched the first of a series of informative blogs that explain the fundamentals of cryptocurrency, blockchain, and the world of fiat-crypto payments. The first published article is titled Alchemy Pay Academy: What is Alchemy Pay?

Discord Community AMA & Contest

Ecosystem Lead, Robert McCracken, joined the Alchemy Pay community on Discord to answer questions and give the latest updates and plans. To join the next AMA go to: https://discord.com/invite/alchemypay. Also this month, in a contest for the ACH community, members were able to invite friends to join the Alchemy Pay Discord server with the chance to win great prizes. Keep an eye out for the next contest!

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 email ramp@alchemypay.org or the website https://alchemypay.org/contact

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Alchemy Pay
Alchemy Pay

Written by Alchemy Pay

Alchemy Pay (ACH) bridges fiat and crypto global economies through a real-world payment system and mainstream-friendly access to web3 services. Alchemypay.org

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