Alchemy Pay, the leading fiat-crypto ramp solution provider, is pleased to announce a significant expansion of its On-Ramp capabilities with the addition of support for the South African Rand (ZAR) via local banks. Users in South Africa can now seamlessly purchase crypto using their local fiat currency through secure and efficient bank transfers.
Enhancing Access Across South Africa
By integrating support for ZAR through local bank rails, Alchemy Pay is removing one of the key barriers for South African users—enabling them to onboard crypto using trusted domestic payment methods. The integration allows bank transfer payments from the following major South African banks: FNB (First National Bank), Absa, Investec, ABN AMRO Bank, Stanbic Bank, Bidvest Bank and TymeBank.
Through this update, users can enjoy fast, cost-effective, and secure crypto purchases with ZAR using familiar, regulated banking platforms.
Local Solutions for a Global Gateway
Alchemy Pay’s fiat-crypto payment global network is designed to meet the needs of both users and developers around the world. Supporting local fiat currencies, like the South African Rand, is a critical step in unlocking new markets, especially in emerging regions where crypto adoption is accelerating.
For Web3 platforms and businesses, this expanded coverage means broader reach and more inclusive user onboarding. By integrating Alchemy Pay’s On-Ramp, dApps, wallets, NFT platforms, and exchanges targeting the African market can now allow their users to acquire crypto with ZAR and begin interacting with digital assets in just a few clicks.
Part of a Larger Vision
This support addition is part of Alchemy Pay’s broader strategy to build a comprehensive and compliant fiat-crypto gateway that enables access across all major markets. Operating in 173 countries and supporting over 50 fiat currencies through more than 300 local payment channels, Alchemy Pay continues to expand the bridge between traditional finance and decentralized ecosystems.
Currently, Alchemy Pay offers extensive local payment coverage across Southeast Asia, Latin America, Europe, and more. This includes popular local payment methods such as Dana, OVO, and QRIS in Indonesia; Maya, Coins.ph, GrabPay, and GCash in the Philippines; PIX in Brazil; SPEI in Mexico; as well as SEPA, iDEAL, BLIK, and Skrill in supported European countries.
The inclusion of ZAR is also aligned with Alchemy Pay’s long-term vision to support the global movement of money and strengthen local fiat integration. As demand for digital assets continues to grow in Africa, Alchemy Pay is committed to enabling crypto adoption through localized, regulated, and user-centric payment solutions.
Stay tuned for more updates as Alchemy Pay continues to expand fiat support across new markets.
About Alchemy Pay
Founded in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off-Ramp, Web3 Digital Bank, NFT Checkout and its newly launched RWA platform, Alchemy Pay supports fiat 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 RWA platform allows global users to invest in tokenized real-world assets using local fiat currencies, lowering entry barriers and democratizing access to traditional financial instruments. Our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. Additionally, the NFT Checkout enables direct purchases of NFTs using fiat payment methods. ACH is the Alchemy Pay network token on the Ethereum blockchain.
