Today, we are thrilled to reveal that Conflux(CFX) have collaborated with Alchemy Pay to offer an effortless fiat on-ramp payment solution that allows individuals to acquire digital currencies using their local currency.
This collaboration will make Conflux Network more available for both newbies and experienced users, leading to enhanced mainstream adoption. Alchemy Pay’s input will be essential in Conflux Network’s global expansion. We look forward to strengthening our long-term relationship with Alchemy Pay even further. The integration of Alchemy Pay’s technology will permit the onboarding of millions of people into the Conflux Network ecosystem in a straightforward yet compliance-abiding manner.
Alchemy Pay’s payment gateway provides an easy-to-use, cost effective, and rapid KYC process with a high rate of conversions. It supports Visa and MasterCard payments in 173 countries, as well as domestic transfers and mobile wallets in developing markets. Additionally, there are more than 300 fiat payment channels available for users to purchase or sell cryptocurrencies using their local money just like any other online transaction.
Robert McCracken, Ecosystem Lead for Alchemy Pay, highly commended Conflux’s open blockchain network and the research efforts that have been key in advancing Web3 usage in Asia and other regions. He expressed trust that Alchemy Pay’s user-friendly payment services will give people a convenient way to become involved with Conflux’s system. Since Conflux is growing strong in Asia, this collaboration gives Alchemy Pay a chance to increase its international presence and attract more users.
Founded in Singapore in 2018, Alchemy Pay is a payment gateway that seamlessly connects crypto and global fiat currencies for businesses, developers, and users. The Alchemy Pay Ramp Solution is integrated, via plugin or API, with platforms and dApps, providing an easy onramp from fiat currency to crypto. Alchemy Pay’s supports payments from 173 countries — Visa, Mastercard, Google Pay, Apple Pay, popular regional mobile wallets, and domestic transfers, focusing on emerging markets. Its off-ramping capability remits to users in 50+ local fiat currencies. The Alchemy Pay token ACH is an ERC-20 and BEP-20 on Ethereum and Binance Chain.
About Alchemy Pay
