The leading crypto payment provider, Alchemy Pay (ACH) has partnered with Vision, a metaverse blockchain infrastructure with a focus on linking real and virtual space and aggregating game engines. Alchemy Pay will be providing the Vision with ramps to enable the network to easily onboard global users via fiat payment standards such as credit and debit cards, bank transfers, and mobile wallets. Through its remittance partners, Alchemy Pay also facilitates convenient offboarding from crypto to fiat with remittance capabilities to bank accounts in nearly 100 fiat currencies.
As a next generation blockchain based on metaverse creation, Vision builds a free ecosystem that traverses global Vision distributed nodes and a framework for connecting different blockchain networks. Through Vision’s high scalability and high TPS internet of blockchains, any participant is allowed to freely publish, store and exchange assets from different blockchains, which provides an open world of possibilities.
John Tan, CEO of Alchemy Pay, said, “Vision’s project is exciting in bringing together metaverse projects and allowing great flexibility for developers. Our solutions will enable users to participate via direct fiat payments which we believe is crucial to easy onboarding. The ability to onboard users to platforms via a variety of global and local payments, and then offer the chance to cash out again makes for a seamless, user-friendly experience.”
Alchemy Pay’s ramps are easily integrated onto blockchain and web3 platforms. With its impressive network of global acquirers and remittance firms, Alchemy Pay now boasts over 300 fiat payment channels worldwide. Founded in Singapore in 2018, its strength in Southeast Asia is evidenced by its integration of countless popular local mobile wallets in the region where alternative payment methods and cryptocurrency are both experiencing the highest adoption rates of anywhere in the world.
As a result, the industry expects Alchemy Pay to integrate its crypto ramps on a large scale across multiple platforms and DApps in Q3 and Q4 this year. The ramps allow users to maintain custody of their funds while participating in web3 DApps and services. The partnerships with leading security firms provides their ramps with the highest standards of fraud prevention, chargeback protection, and KYC and AML processes.