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Alchemy Pay & Zero Hash to offer crypto on-ramp and ACH payment rails

By Gloria Mathias

January 31, 2024

  • ACH Payment rails
  • Alchemy Pay
  • APAC news

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, Zero Hash, ACH Payment rails, US Payments, Crypto Payments, Crypto Infrastructure, Zero Hash, the crypto infrastructure platform, has announced that Alchemy Pay is leveraging Zero Hash’s full-stack technical and regulatory API to enable their users to purchase digital assets quickly, compliantly, and securely. Alchemy Pay is also leveraging Zero Hash’s Automated Clearing House (ACH) payments solution.

Alchemy Pay supports fiat-to-crypto purchases from 173 countries, delivering global reach with 50+ fiat currencies supported and access to an extensive array of 300+ global and local payment channels. Alchemy Pay has quickly become one of the platforms for web3 businesses that want to connect to local fiat payment rails to provide a fast and seamless on and off-ramp experience.

By natively embedding Zero Hash’s crypto infrastructure, Alchemy Pay has control over the customer experience. Through APIs, Zero Hash manages the identity verification of users, the fiat-crypto conversion, and the ACH on-ramping rails. Leveraging Zero Hash’s expansive regulatory stack, Alchemy Pay has unlocked compliant access to 51 US jurisdictions.

“Our expansion of services and licensing in the USA has been facilitated by Zero Hash’s licensing and technology stack,” commented Alchemy Pay Ecosystem Lead, Robert McCracken. “Zero Hash’s full-stack crypto infrastructure provides our US ramp users with the ability to use domestic ACH transactions for speed, efficiency, and security when purchasing digital assets.”

“Zero Hash aligns with Alchemy Pay’s mission to connect the fiat and crypto economies,” said Mark Daly, SVP Head of Global Revenue at Zero Hash. “Leading web3 infrastructure companies, like Alchemy Pay, partner with Zero Hash because of our high throughput technology to process transactions at scale and our expansive regulatory licensing, enabling a fast and compliant go-to-market launch.”

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.

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