Alchemy Pay Coin (ACH) is a cryptocurrency aiming to bridge the gap between fiat and digital currencies through its payment solutions. While it’s still relatively young in the crypto world, ACH has garnered some notable partnerships and integrations, indicating its potential for wider adoption.
Companies Using Alchemy Pay Coin:
• Global e-commerce platforms:
• Shopify: ACH integration allows merchants to accept crypto payments through Shopify stores.
• WooCommerce: Similar to Shopify, WooCommerce plugin enables crypto payments for online stores.
• Travel and tourism:
• Travala.com: Users can book hotels and flights using ACH through the platform.
• Trip.com: ACH payments are accepted for booking travel arrangements on Trip.com.
• Entertainment:
• Live Nation: Concert tickets can be purchased with ACH through Live Nation’s platform.
• GameFi projects: Several blockchain games and metaverses have integrated ACH for in-game purchases and rewards.
Companies Partnering with Alchemy Pay:
• Financial institutions:
• Mastercard: Alchemy Pay has partnered with Mastercard to issue crypto-enabled cards for ACH payments.
• Visa: Similar to Mastercard, a partnership enables Visa cards for ACH transactions.
• Payment processors:
• Stripe: ACH integration allows businesses using Stripe to accept crypto payments.
• PayPal: A pilot program explored ACH integration for PayPal payments, though its current status is unclear.
• Retail and consumer brands:
• Starbucks: A limited trial in select stores allowed customers to pay with ACH through the Starbucks app.
• Circle K: Convenience stores in Hong Kong have piloted ACH payments for certain items.
Introduction to Alchemy Pay Coin:
Launched in 2018, Alchemy Pay aims to simplify crypto payments for businesses and consumers. Its solutions include:
• Cryptocurrency payment gateway: Merchants can accept ACH and other cryptocurrencies through their existing payment infrastructure.
• Fiat on-ramp and off-ramp: Users can easily convert between fiat currencies and ACH.
• NFT payment solutions: Businesses can utilize ACH for NFT purchases and marketplaces.
• B2B payment network: Businesses can make and receive cross-border payments using ACH.
While ACH is still in its early stages of adoption, its partnerships and integrations with established companies indicate its potential for wider use in the future. However, it’s crucial to remember that the cryptocurrency market is volatile, and ACH’s value and adoption are subject to change.
Please note: This information is based on publicly available data and may not be exhaustive. It’s always recommended to conduct your own research before making any investment decisions related to cryptocurrencies.