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Alchemy Pay (ACH) is the ERC20 incentivising utility token issued on the Ethereum blockchain. It is integral to the Alchemy Pay network. It is used for transaction fees, rewards for network use, lowering transaction costs, and it is pledged by business partners during the onboarding process.
*Crypto on-ramp to buy ACH coming soon
*Crypto on-ramp to buy ACH coming soon
About ACH
ACH has helped create a thriving online community of investors and the rewards our partners receive incentivise them to help expand the partner network.
The reduced supply and increased demand for ACH as a result of network use and expansion raises the value of the token. This benefits our investors and partnered businesses who hold, pledge, and get rewarded with ACH.
50% of the transaction fees are used for business development, marketing, and promotion. ACH provides an organic and sustainable budget to attract and onboard new businesses for continuous expansion.
New partners need not pay integration fees to join our payment network or use our services. They pledge an amount of ACH depending on the projected volume of transactions and integration complexities. This is returned if they no longer wish to use the service.
Partners reduce their transaction fees when paying with ACH on our network.
ACH rewards are distributed to partners while using Alchemy Pay’s solutions. Rewards are given in set rates based on network size and transaction volume.
© ALCHEMYPAY 2022
Services are provided by Alchemy GPS Europe UAB (registration no. 305972625), with address at Laisvés pr. 60, LT-05120 Vilnius, Lithuania operating under virtual asset service provider authorized in accordance with Lithuanian legislation. Alchemy GPS Europe UAB is a wholly-owned subsidiary of Alchemy GPS Singapore (registration no. 201836682R) having its registered office at 61 Robinson Road #10-03A, Singapore.
