Alchemy Pay is a blockchain-based payments system designed to bring blockchain services and value to users through fiat, while also helping fiat-based services become available through cryptocurrency. In practice, it aims to connect the crypto space with the more established and widely used financial environment. To accomplish this, it works toward five objectives: decentralization, building a large-scale commercial application, maintaining security and trust, supporting sustainable development, and pairing low costs with high efficiency.

The Alchemy Pay ecosystem brings together partners and other stakeholders across both the customer side and the merchant/business side. The ACH Token drives the network. It is an ERC-20 utility token with a total pre-mined supply of 10,000,000,000. 

What are ACH’s key features and how does it work?

Alchemy Pay’s main capabilities focus on enabling connections between crypto and fiat through integration services. One primary offering is a Smart POS for Cryptocurrency. This Smart POS supports both crypto and FIAT, delivers fast transaction processing, includes NFC capability, and can be configured as a cryptocurrency prepaid card. 

Another core product is a Cryptocurrency Payment Gateway. The Gateway is also designed for fast transactions and supports online and offline access setups, including SDK/Plugin/APIs.

Alchemy Pay additionally uses hierarchical “payment-collection parallel” structures, which are commonly used in group financial management.

What can Alchemy Pay be used for?

Within the ACH infrastructure, the ACH token enables a range of solutions for businesses, institutions, and individuals. Its key function is to grant access to Alchemy Pay services.

Businesses can use ACH through the platform’s crypto-fiat payment solutions to reach retail customers-for instance, e-commerce platforms and in-person retail merchants.

Financial institutions can also use the platform’s crypto investment services by brokering and applying the exchange path between fiat and crypto. Lastly, individuals can use the ACH token for borrowing, making purchases, using crypto-linked cards, and trading.

ACH tokens can be staked as well. Participants receive rewards funded by fees from users who transact and interact with the platform’s services. Additional applications include payments in the digital entertainment sector. Developers can access Alchemy Pay using SDKs, APIs, and gateways provided as selectable menus, allowing for a highly configurable payment flow. This can be used for subscription payments, credit payments, combined payments, and revenue splitting. Alchemy Pay can also support local currency exchange, along with credit and lending services.

Where can you buy ACH?

ACH can be traded on the following CEXs and DEXs listed here. The most popular exchanges with the highest liquidity are CoinBase Pro, Binance, and MEXC Global. The ACH price will differ based on the selected exchange and broader market conditions. For the latest and historical ACH market pricing, please check the price charts on this page.