SINGAPORE, May 22, 2024
/PRNewswire/ -- Alchemy Pay has announced that it has entered into
a partnership with Metis, the self-sustainable Layer 2 blockchain
powering the next generation of decentralized
applications secured by Ethereum. In this alliance,
Metis incorporates Alchemy Pay's seamless On & Off-Ramp
solution into its ecosystem, offering developers a direct portal
for fiat-crypto payment gateway.
As part of the partnership, Alchemy Pay also adds support for
Metis's native token METIS on its on-ramp solutions, enabling users
to acquire METIS using fiat currencies and local payment methods in
a seamless and compliant way. This integration aims to enhance
accessibility and user experience for their worldwide user base and
METIS token holders through commonly used fiat payment methods.
Metis stands as the first Ethereum Layer 2 Rollup
platform to decentralize its sequencer, committed to providing
dApps with permissionless, frictionless and boundless
experiences, which boasts decentralized governance, a
secure network, scalable infrastructure, and fast transactions.
Metis offers an exclusive list of products to blockchain project
developers including a NFT Bridge, oracles, RPC nodes, subgraph,
etc. METIS tokens facilitate transaction fees and staking for
rewards, along with voting rights for Community Ecosystem
Governance (CEG) and adjacent processes, like the CVP process which
Alchemy Pay has already passed.
Operating in 173 countries globally, Alchemy Pay ensures
widespread accessibility for crypto purchases,
offering a diverse array of payment options from conventional
credit cards like Visa and Mastercard to regional mobile wallets
and domestic transfers. With a network of over 300 local payment
channels, Alchemy Pay extends its reach to local mobile wallets,
guaranteeing a seamless checkout experience. Leveraging its
extensive experience in the crypto payment sector,
Alchemy Pay has forged strong partnerships with major networks and
platforms, including TON, Polygon, Avalanche, ICP, Neo, Arbitrum,
Trust Wallet, OKX, and Bitget.
In its pursuit of broadening its service portfolio, enhancing
transaction success rates, and optimizing operational efficiency,
Alchemy Pay actively pursues licenses in various countries and
regions including different states in the UK, the United States, Canada, Indonesia, and Lithuania, with the upcoming license
acquisition in Hong Kong and
Singapore, etc. Highlighting its
credibility within the conventional payment sphere, both Visa and
Mastercard have enlisted Alchemy Pay as an authorized third-party
service provider, which reinforces its leading position within the
crypto payment landscape.
About Metis
Metis is an Ethereum Layer 2 Rollup platform that
offers simple and fast smart contract deployment within the
network. Metis recently became the first Ethereum
Layer 2 solutions to decentralize its sequencer and introduce
revenue sharing while also tackling the common challenges faced on
Ethereum, including transaction speed, cost, and
scalability.
About Alchemy Pay
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, Crypto Card, Web3 Digital Bank, NFT
Checkout, and Crypto Payments, Alchemy Pay supports
payments in 173 countries.
The Ramp is a one-stop solution to buy and sell
crypto and fiat, easily integrated by platforms and
dApps according to requirements. The
Crypto Card solution empowers businesses and token
issuers to provide users with branded virtual and physical cards
for instant global spending. The Web3 Digital Bank offers an
innovative solution, allowing Web3 enterprises to open multi-fiat
accounts and facilitating instant conversion between fiat and
cryptocurrencies.
ACH is the Alchemy Pay network token on the
Ethereum blockchain.
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SOURCE Alchemy Pay