back Back

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

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’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, we’re always at the forefront of user-centric solutions,” said 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. “ 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 ecosystem and beyond, access to exclusive platform services, and more.

Previous Article

January 24, 2024

AiBANK & Valu unveil co-branded credit card in association with Visa

Read More
Next Article

January 24, 2024

Cybrid expands B2B payments on its embedded finance API platform

Read More

IBSi Daily News Analysis


February 23, 2024

Alchemy Pay

Regulated firms battle surge in financial crime attempts, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

February 23, 2024

Crédit Agricole du Maroc tap Entrust to boost digital payment offerings

Read More

February 23, 2024

Ebury and Nium team to offer cross-border payments in Brazil

Read More

February 23, 2024

Velo Labs’ Orbit teams with POS networks to facilitate crypto payments

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023