Alchemy Pay Integrates Fiat Onramp for Pendulum’s PEN Token

Alchemy Pay
2 min readJul 5, 2023

--

Alchemy Pay, a leading global cryptocurrency payment gateway, has partnered with Pendulum, an open-source blockchain platform on the Polkadot network, to introduce a seamless fiat onramp for Pendulum’s native PEN token. This collaboration enables users to effortlessly conduct fiat-crypto transactions while ensuring compliance and ease of use.

With an extensive global presence in 173 countries, Alchemy Pay offers wide accessibility for purchasing cryptocurrencies through a diverse range of payment methods. These methods include mainstream payment methods such as Visa, Mastercard, and also regional mobile wallets, and domestic transfers. With over 300 local payment channels, Alchemy Pay goes beyond traditional credit cards, providing users with access to local mobile wallets, ensuring a convenient checkout experience.

Pendulum strives to bridge the gap between the traditional fiat and decentralized finance (DeFi) ecosystems by leveraging smart contract blockchain technology. With a focus on user-friendliness, transparency, and security, Pendulum aims to revolutionize the financial industry and promote financial inclusion and equality. The collaboration between Pendulum and Alchemy Pay will facilitate wider accessibility to PEN and help onboard more people around the world.

Alchemy Pay, an industry leading provider of payment solutions, has emerged as a frontrunner in the crypto payment sector by combining blockchain technology with expertise in traditional financial technology. Leveraging their extensive experience in the cryptocurrency field, Alchemy Pay has established strong partnerships with major networks and services such as Polygon, Avalanche, Algorand, Neo, Arbitrum, Binance, OKX, and Bitget.

About Pendulum

Building the missing link between fiat and DeFi through a fiat-optimized smart contract blockchain based on Polkadot’s Substrate. Allowing traditional finance fiat services to integrate with DeFi applications such as specialized forex AMMs, lending protocols, or yield farming opportunities. Developed by SatoshiPay.

Twitter | Telegram Announcements | Telegram Community | Discord | Reddit

Try Now

Try our On & Off Ramp to buy and sell crypto and local fiat currencies today https://ramp.alchemypay.org/

On & Off Ramp Enquiries

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

Follow Alchemy Pay

Website Twitter LinkedIn Medium YouTube

--

--

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