Alchemy Pay Update | October and November 2021

Alchemy Pay
3 min readNov 24, 2021

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It has been an extremely busy time at Alchemy Pay. October and November have seen a series of key partnerships, events, and developments. Integrations with leading blockchain networks Tron, NEAR, Polygon, and NEO, the foundation of the Blockchain Infrastructure Alliance, a new NFT project, a glowing report from TokenInsight, and the Lisbon Conference all add up to a fantastic couple of months!

Polygon Integrates Alchemy Pay’s Fiat Payment Channels

Polygon has partnered with us to enable Polygon and any Polygon-based protocol to set up fiat on-ramps. The new capability is expected to propel the next phase of growth for Polygon’s DeFi ecosystem. The partnership also means Polygon’s $MATIC token is now supported by our global merchant network. Learn more at blog.polygon.technology

NEAR Partners with Alchemy Pay

Alchemy Pay will enable easier access to the NEAR ecosystem by providing fiat on-ramps across 65 countries via Visa, Mastercard, PayPal and other local payment methods. In addition to the payment rails, we will integrate $NEAR onto our payment solution to support acceptance of the token across Alchemy Pay’s merchant network. Learn more at medium.com/nearprotocol

Tron is now Integrated into Alchemy Pay’s Global Network

We now support the $TRX token on our global crypto-fiat network. The partnership also includes the support of Alchemy Pay by the Tron Foundation in the provision of technical resources, cross-community promotions, and other ecological development initiatives that will foster joint efforts between the Alchemy Pay and TRON ecosystems. Learn more at bitcoin.com

NEO is Integrated into the Alchemy Pay Network

We have announced a partnership in which we have integrated $NEO into our global crypto-fiat gateway solution. Furthermore, with Neo we will be exploring the opportunity to set up a joint ecosystem fund that aims to provide capital to high-potential projects building on the Neo blockchain, especially those focused on payments and DeFi sectors. Learn more at cointelegraph.com

Blockchain Infrastructure Alliance

At the end of October we announced the founding of the Blockchain Infrastructure Alliance (BIA) alongside NEAR, Conflux Network, Polygon, and NEO. BIA creates mutually beneficial synergies between members across all areas of blockchain technology and will set up ecosystem funds to incubate projects and initiatives that seek to optimise decentralised finance. To celebrate, Alchemy Pay hosted a dinner at the Waldorf hotel in Shanghai where our CEO, John Tan, gave the keynote address. The guests included industry leaders such as Tencent, Alipay, Binance, Huobi, OKEx, Polygon, NEAR, NEO, and Draper Dragon, among others. To learn more about BIA go to bia.network and to read more about the inaugural event go to bitcoinist.com

Limited Edition NFT Crypto-Linked Visa Virtual Cards

We will be working with six globally renowned NFT artists to launch a series of virtual crypto-linked Visa cards. The artists will design limited edition card faces starting with China’s highest selling NFT artist, Song Ting. Learn more at ambcrypto.com

The Lisbon Conference, 2021

In early November, Alchemy Pay’s Chief of Staff, Karmen Tang, delivered a keynote address at Cointelegraph’s Epicenter Crypto Conference in Lisbon. She explained Alchemy Pay’s unique crypto to fiat payment model, the growth of the company, and mapped out further developments to come. Learn more at bitcoin.com

Bella Protocol and Alchemy Pay Collaborate to Launch CeFi and DeFi Yield Products

This partnership will combine Bella Protocol’s ability to source optimal yield farming and lending/saving products with our fiat payment rails. This will enhance usability and launch CeFi and DeFi products for everyday users. Learn more at beincrypto.com

ARPA Partners with Alchemy Pay to Develop A Highly Secure Global Loyalty Program

We announced our partnership with ARPA, the leading blockchain-based solution for privacy-preserving computation. ARPA will provide Alchemy Pay with a privacy-secured base infrastructure necessary to track participating merchants’ issuance and settlement transactions automatically in real-time on the blockchain without compromising the business data of any party. Learn more at bitcoinist.com

TokenInsight Report gives Alchemy Pay a Glowing Review

The crypto analysts prepared research that compares a number of leading payment-focused crypto projects such as Ripple, Stellar, Crypto.com, Flexa, and Alchemy Pay. The report observes that Alchemy Pay “has the most complete product ecosystem with integrated payments” and that its “digital payment gateway simplifies the payment process established on a centralized clearing institution and reduced friction costs.” To learn more go to the full report.

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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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