Alchemy Pay | July Update 2024
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. Read on here:
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.”
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. Learn more here:
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
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
