The Problems of Existing Electronic Payments

  • Cross-border transactions are costly and inefficient
  • Items of expenses
  • A large number of transactions are unable to proceed because there is no trust between the two parties, and the centralized giant does not provide guarantee services and payment channels.
  • Opaque access rules for merchant/consumer
  • Serious security and privacy issues
  • Long processing of transaction disputes
  • Cumbersome process of reconciliation, settlement and clearing
  • Local payment costs are high
  • Difficult in returning funds back home
  • Another typical example:

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

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Alchemy Pay

Alchemy Pay

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

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