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MarkRoberts
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Alchemy Pay to Expand Crypto Adoption in Merchant Network

Wed Aug 11, 2021 12:46 pm

Crypto-fiat hybrid payment platform Alchemy Pay currently operates in 18 countries. However, it also runs a global crypto-fiat payment platform in 65 countries. Alchemy Pay operates through 300 fiat and crypto payments channels. Apart from facilitating crypto payments, Alchemy Pay also supports its own Ethereum-based native toke ACH. ACH has been performing so well lately, recording a price surge of over 1680% in two weeks. At present time, ACH is currently trading at $ 0.02668.

Expansion of crypto support in merchant network and financial entities is the focus of Alchemy Pay. In the Binance and Alchemy Pay partnership, 40 cryptocurrencies will be used for payments in roughly 2 million global merchants.

The deal with Alchemy Pay will give Binance access to users in the crypto-fiat hybrid platform’s partners such as e-commerce giant Shopify, software technology company Arcadier, Hong Kong-based Pricerite, and mobile payment provider QFPay among others. In 2018, Shopify declared that it served 218 million users on its platform. Builtwith reported that 1.58 million websites will run on the Shopify platform.

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