Crypto Exchange OKX Deploys Alchemy Pay's Fiat Onramp Solution for Seamless Purchases

OKX has launched the Alchemy Pay fiat-crypto on-ramp solution on its platform. Alchemy Pay's payment on-ramp “supports fiat deposits with Visa and MasterCard, as well as numerous popular fiat mobile wallets in emerging markets.

Timeline of Alchemy-pay,

Alchemy Pay, a Singapore-based payments provider, has recently received a $10 million investment from market maker DWF Labs at a $400 million valuation, as part of its expansion plans in South Korea.

The well-known fast-food chain, Burger King, has begun accepting crypto payments at one of its Paris locations, thanks to Alchemy Pay and Binance Pay and the Instapower power bank top-up service.

Serving as a committee member of Alchemy Pay's management and advisory board, and as Global Strategic Adviser to support Alchemy Pay's expansion and growth in global markets, contributing actively to strategy, compliance and government relations.

The leading fiat-crypto payment gateway, Alchemy Pay, has revealed that it has joined forces with ZD Group, the parent company of Mouette Securities, a reputable global investment fund.

Alchemy Pay (ACH/USD) price continued its recovery after the company continued its partnerships and as other cryptocurrencies jumped. ACH rose for the second straight day and reached a high of $0.033. It has soared by ~48% from the lowest point on Friday.

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.

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.