Using your Mastercard for Effortless Off-Ramping on Alchemy Pay

Alchemy Pay
3 min readFeb 28, 2024

As a leading crypto payment gateway, Alchemy Pay offers a seamless off-ramping experience for users seeking to convert their crypto holdings into fiat EUR directly through their Mastercard. Extending its reach across 30 countries, this Off-Ramp solution caters to the growing demand for convenient and secure crypto-to-fiat conversions, reinforcing Alchemy Pay’s leading position in shaping the future of crypto payments.

Mastercard, a global giant processing billions of transactions and serving a vast cardholder base annually, stands as one of the largest card organizations worldwide. Alchemy Pay’s support of off-ramping via mastercard provides unparalleled convenience and flexibility for users. Given its extensive integration into various dApps, including Defi protocols, play-to-earn games, and crypto wallets, Alchemy Pay seeks to offer a straightforward, secure, and smooth experience for users across diverse regions, irrespective of whether they are seasoned crypto enthusiasts or newcomers to the Web3 landscape.

In the early months of 2023, Alchemy Pay secured approval and joined Mastercard’s Site Data Protection (SDP) Compliant Registered Service Provider List, standing alongside industry giants like Amazon, Google, and J.P. Morgan. This recognition signifies its full compliance with Mastercard’s rules and standards. Additionally, Alchemy Pay garnered acknowledgment as an Official Service Provider by Visa as well earlier in the same year.

“Our inclusion in the Mastercard SDP Program demonstrates our commitment to operating within the bounds of regulatory frameworks,” said Robert McCracken, Alchemy Pay’s Ecosystem Lead. “Ultimately though, it’s the consumer that benefits from seamless access to blockchain finance via global payment standards like Mastercard.”

The list of supported countries with accessible Off-Ramp service with Mastercard includes Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, as well as Liechtenstein, Norway, and the United Kingdom.

In 2023, Alchemy Pay’s ramp solution accomplished the processing of more than 3 million transactions, serving a user base exceeding 1 million. Leveraging robust and direct affiliations with major payment institutions such as Visa and Mastercard, Alchemy Pay seamlessly facilitates transactions bridging the gap between traditional fiat currency and cryptocurrency.

Since its establishment in Singapore back in 2017, Alchemy Pay has been dedicated to simplifying the onboarding process for users by bridging the gap between fiat currencies and cryptocurrencies. Presently, the platform boasts the capability to facilitate crypto purchases using over 50 fiat currencies across 173 countries. Furthermore, Alchemy Pay holds regulatory licenses in key regions such as the US, Canada, and Europe, allowing it to conduct its operations in compliance with established regulations.

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

About Alchemy Pay

Founded in Singapore in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its On & Off-Ramp solution, NFT Checkout, Crypto Card and Crypto Payments, Alchemy Pay supports payments in 173 countries.

The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The NFT Checkout enables direct purchases of NFTs using fiat payment methods. The Crypto Card solution empowers businesses and token issuers to provide users with branded virtual and physical cards for instant global spending. ACH is the Alchemy Pay network token on the Ethereum blockchain.

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Alchemy Pay

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