Alchemy Pay makes a move to revolutionize crypto remittance

Fiat-crypto gateway, Alchemy Pay, has announced its partnership with Indonesian fintech firm, PT Berkah Digital Pembayaran, to jointly obtain Indonesian licenses issued by the Central Bank of Indonesia to operate remittances and fund transfers.

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Key Points: Berkah Digital, a fintech company based in Indonesia, and Alchemy Pay, a blockchain-based payments platform, have jointly obtained a license from the Indonesian government to operate in the country. This announcement was made in a recent press release from Alchemy Pay.

Alchemy Pay's On-Ramp is transforming the crypto market by providing a secure and straightforward way for customers to purchase digital assets using their local fiat currency. With its On & Off-Ramp and NFT Checkout, this Singapore-based payment gateway is bringing accessibly closer than ever through its integration with Google Pay.

Elon Musk's Twitter has fallen into revenue difficulties, hoping to find new sources of revenue outside the original $5 billion a year advertising business model. According to a recent Financial Times report, Musk is betting this ambition for revenue growth on the payments business.

Key Points: Alchemy Pay, a blockchain payment system, has formally announced that Visa has classified it as an official service provider and that it has been added to Visa's third-party agent (TPA) program.

PRESS RELEASE. Singapore, 12 January 2023: Fiat-crypto payment gateway Alchemy Pay and its co-founder and majority shareholder, Shawn Shi, have been officially recognised by Forbes with the Web3 Innovation Pioneer award on 11 January.

The full-stack Web3 infrastructure provider, Particle Network, has “gone live with the Alchemy Pay Onramp Solution for its wallet.” The integration “means users can pay with their preferred fiat payment methods directly to seamlessly buy crypto and fund their Particle wallet.

PRESS RELEASE. Fiat-crypto payment provider, Alchemy Pay, is bringing its mainstream-friendly services to Europe's foremost crypto conference – London Token2049. The Singapore-based company has taken its payment network infrastructure and pivoted to direct-to-customer (D2C) services, with its highly versatile and customisable NFT Checkout and On & Off Ramp Solutions.

Users of the NFT marketplace, iNFTSpace, can now enjoy more direct purchases of digital artworks via Alchemy Pay's fiat-to-crypto gateway plugin. This on/off ramp is now being “integrated across all areas of blockchain.

Singapore-based digital asset exchange Crypto.com is adding support for two under-the-radar altcoins as markets rebound. Earlier this week, the exchange listed the native token of Boba Network (BOBA). The project utilizes optimistic rollups, a less stringent and data-heavy method of transaction verification than traditional zero-knowledge rollups.

PRESS RELEASE. July has seen a jump in crypto prices, and none more so than the utility token of Alchemy Pay, ACH. ACH saw a 43% increase in just 24 hours on July 20th, making it crypto's biggest gainer.