Expanding into South Korea and Launching Alchemy Chain

Alchemy Pay has released a monthly report for February. The company expanded into South Korea by investing in EZPG Co., Ltd. and obtaining an Electronic Financial Business Registration

Alchemy Pay, a leading cryptocurrency payments provider, has released its monthly report for February, highlighting key milestones and upcoming developments.

Expanding Footprint in South Korea

Alchemy Pay furthered its presence in South Korea with an investment in EZPG Co., Ltd., a move that will facilitate deeper integration into the Korean market. The company also secured an Electronic Financial Business Registration in South Korea, strengthening its regulatory position in the region.

Announcing Alchemy Chain

Alchemy Pay is set to launch Alchemy Chain in Q2 2024, a new blockchain designed for Web3 payments and services. This marks a significant phase in Alchemy Pay’s product development, aiming to provide efficient and cost-effective blockchain technology.

Payment Gateway Connecting Crypto and Fiat

Alchemy Pay is a Tier 1 payment gateway that seamlessly connects cryptocurrency and global fiat currencies for businesses, developers, and users. Its on & off ramp solution and NFT checkout is integrated via plugin or API. It provides platforms and token issuers with an easy onboarding from fiat currency to crypto.

Alchemy Pay supports payments from 173 countries with Visa, Mastercard, Apple Pay, Google Pay, regional mobile wallets, and domestic bank transfers, focusing on emerging markets like Vietnam, Malaysia, Turkey, and South Korea. Its real-world crypto payment solutions facilitate payments for Binance Pay, Solana Pay and Crypto.com Pay, and e-commerce merchants in 70+ countries.