Alchemy Pay, the world-leading crypto payment solution provider, today announced a partnership with AEON, the next-generation modular payment protocol. This collaboration aims to elevate the crypto payments industry by combining Alchemy Pay’s expertise in crypto payments with AEON’s advanced payment infrastructure and innovative protocol, creating a more efficient, secure, and user-friendly payment ecosystem.
AEON’s robust underlayer payment protocol will be a powerful add-on with Alchemy Pay’s existing payment infrastructure by providing the essential protocols, standards, and services. In this collaboration, AEON serves as the foundational infrastructure for Alchemy Pay’s payment network and comprehensive suite of solutions, optimizing the transaction routing, clearing, and settlement processes.
Additionally, with a vision to unify crypto payment standards, AEON also helps to set the rules and formats for structuring and transferring payment data. Its modular feature enables flexible payment methods, allowing for customization and adaptation to various needs, including facilitating conversion between fiat currencies and cryptocurrencies.
Founded in 2017 in Singapore, Alchemy Pay has gained extensive experience in crypto payments and has successfully launched a series of popular products, including on & off-ramp, crypto card solutions, and crypto payment solutions. These innovations have already enhanced the accessibility of fiat payments in the crypto industry, supporting over 50 fiat currencies and 300 payment channels across more than 173 countries. This collaboration aligns perfectly with Alchemy Pay’s mission to deliver innovative, efficient, and secure payment solutions to customers and clients worldwide. By integrating AEON’s foundational technology, Alchemy Pay is poised to offer users a payment experience that is not only more efficient and secure but also incredibly versatile.
AEON is an advanced modular payment protocol developed to standardize crypto payments and enhance real-world integration. It streamlines the integration, processing, and settlement of crypto transactions. With AEON’s goal of unifying crypto payment standards, Alchemy Pay is excited about the potential this collaboration brings and looks forward to establishing new benchmarks in the payment industry.
About AEON
AEON is a next-generation modular payment protocol designed to unify the standard of crypto payments and enable real-world connectivity. By simplifying the integration, processing, and settlement of crypto payments, AEON offers low-cost, verifiable, and secure payment processing.
Developing a robust crypto payment standard akin to Visa, AEON aims to connect web3 infrastructures with mass adoption use cases, ensuring adaptability, liquidity, and efficiency and supporting on-chain payment methods such as subscriptions, global fiat rails, and tips.
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 offerings including On & Off Ramp, Crypto Card, Web3 Digital Bank, Crypto Payments and NFT Checkout, 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. Additionally, our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. The crypto payment solution enables merchants to accept crypto payments globally, while allowing users to conveniently spend their crypto assets for everyday purchases. ACH is the Alchemy Pay network token on the Ethereum blockchain.