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Alchemy Pay goes live on Bitcoin portal to offer on-ramp payment services

By Gloria Mathias

January 24, 2024

  • Alchemy Pay
  • APAC news
  • Crypto Payment Rails
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Alchemy Pay, Singapore, Crypto Payments, Fintech news, Fintech APAC, Crypto Payment Rails, Payments Gateway, Payments Technology, Visa Mastercard, on ramp, off ramp, Global Payments, Crypto payments, APAC News, Singapore Fintech news Alchemy Pay has launched its fiat-crypto on-ramp payment services on Bitcoin.com’s web portal. The new local payment methods offered by Alchemy Pay will contribute to the expansion of Bitcoin’s reach.

Alchemy Pay’s direct-to-customer plugin, which can be easily integrated and deployed by web3 apps and platforms, supports the purchase of a wide range of cryptocurrencies, including Bitcoin’s rewards and utility token VERSE.

“At Bitcoin.com, we’re always at the forefront of user-centric solutions,” said Bitcoin.com CEO Dennis Jarvis. “Alchemy Pay’s integration brings a seamless fiat-crypto transition with an expanded range of local payment options, something that is especially crucial for our users in Asia and LATAM. As the 2024 Bitcoin halving nears, this partnership underscores our commitment to remain ahead of the curve, always prioritising our community’s needs.”

Alchemy Pay’s payment gateway enables payments using Visa, Mastercard, Discover, and Diners Club across 173 countries, along with domestic transfers and mobile wallets in developing markets. Its extensive network features over 300 fiat payment channels, allowing its checkouts to go beyond card payments and tap into local mobile wallet options.

Founded in Singapore in 2017, Alchemy Pay’s solutions include its on-and-off-ramp solution, NFT Checkout, and white-label crypto cards for platforms. “Bitcoin.com is a giant in the industry,” said Robert McCracken, Ecosystem Lead at Alchemy Pay, adding, “We are excited to continue working together towards making cryptocurrency more accessible globally.”

Since 2015, Bitcoin has been a global leader in introducing newcomers to crypto, making it easy for anyone to buy, spend, trade, invest, earn, and stay up-to-date on cryptocurrency and the future of finance. Bitcoin.’s multichain digital wallet app is used by millions to buy, sell, trade, earn, use, and learn about Bitcoin and other cryptocurrencies. Every feature is needed for economic freedom in one self-custodial digital wallet.

Launched in December 2022, VERSE is Bitcoin’s rewards and utility token. The VERSE token’s utility will include unlocking rewards along tiers, methods of payment in the Bitcoin.com ecosystem and beyond, access to exclusive platform services, and more.

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