Alchemy Pay Introduces 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. Alchemy Pay’s On-Ramp facilitates fiat purchases through Visa and MasterCard and supports various popular fiat mobile wallets in emerging markets. With this integration, Tomo can attract and onboard users from 173 countries, supporting over 50 fiat currencies by leveraging Alchemy Pay’s impressive network of 300+ fiat payment channels.
Tomo wallet is an all-in-one Web3 social wallet that helps users safely connect and preserve their digital assets with their keys. Tomo Wallet provided seamless and secure access to numerous blockchain networks like Bitcoin, Ethereum, Solana, Cosmos, BNB Chain, Linea, Blast, Polygon, Scroll, Optimism, Arbitrum, Avalanche, Base, Mantle, B², Merlin, Bounce, Bitlayer, Satoshi, Bitcoin Layer 2, Bob, and MAP Protocol. Tomo wallet provides an advanced, decentralized key management solution to construct a secure multiparty computation (MPC) wallet. Tomo serves as a one-stop solution for users to manage assets, send crypto, and participate in a range of social activities. Featuring an intuitive user interface and robust security, it stands out as a universal gateway, providing seamless access to diverse blockchain networks and social interactions where social capital is valued.
Apart from the comprehensive coverage and great payment capabilities, Alchemy Pay also focuses on regulatory compliance, with a strong track record of obtaining licenses across various countries and territories, including the UK, United States, Canada, Indonesia, and Lithuania. These achievements highlight Alchemy Pay’s expertise in the crypto payment sector. Notably, its efforts have gained recognition from prominent entities like Visa and MasterCard, who have officially authorized Alchemy Pay as a third-party payment service provider.
About Tomo
Tomo Wallet description — Tomo wallet is an all-in-one Web3 social wallet that helps users safely connect and preserve their digital assets with their keys. Tomo Wallet provided seamless and secure access to numerous blockchain networks like Bitcoin, Ethereum, Solana, Cosmos, BNB Chain, Linea, Blast, Polygon, Scroll, Optimism, Arbitrum, Avalanche, Base, Mantle, B², Merlin, Bounce, Bitlayer, Satoshi, Bitcoin Layer 2, Bob, and MAP Protocol. Tomo wallet provides an advanced, decentralized key management solution to construct a secure multiparty computation (MPC) wallet.
Tomo Extension Wallet — Website — Blog — X (formerly Twitter) — iOS app — Android app
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 the website https://alchemypay.org/contact
