Singapore, 30 November 2022 – The Ethereum domain name service ENS and crypto payment service Alchemy Pay have collaborated. Alchemy Pay’s on & offramp and NFT Checkout now support users to enter ENS domain names when purchasing crypto with local fiat currency. The purchased digital currency will be sent to the wallet address mapped by the ENS domain name.
When using the Alchemy Pay Ramp Solution, users can now enter their human-readable names like ‘alice.eth’ instead of their wallet address for a more convenient payment process.
The Alchemy Pay Ramp Solution is integrated, via plugin or API, with platforms and dApps, providing an easy onramp from fiat currency to crypto. Alchemy Pay’s supports payments from 173 countries – Visa, Mastercard, popular regional mobile wallets, and domestic transfers with a focus on emerging markets.
About Ethereum Name Service (ENS)
The Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain.
ENS’s job is to map human-readable names like ‘alice.eth’ to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata. ENS also supports ‘reverse resolution’, making it possible to associate metadata such as canonical names or interface descriptions with Ethereum addresses. For more detailed information go to: https://docs.ens.domains/
Alchemy Pay On & Off Ramp
The Alchemy Pay Ramp Solution can be rapidly deployed by dApps and platforms on any chain with the minimum of cost and fuss. Originally known for its crypto payment solutions, Alchemy Pay is now able to offer this D2C plugin to small, medium, and large scale dApps and platforms. It is a highly customisable, robust plugin for seamless onboarding of users directly on site.
NFT Checkout
In addition to onramping to crypto, the Alchemy Pay NFT Checkout, enables users to purchase NFTs directly via local fiat currency payments. The Checkout means that users are only charged exactly the amount they need to pay in order to purchase the desired NFT. This new development in payments makes buying NFTs fast and highly mainstream accessible.
Global and Regional Payments
The Alchemy Pay Ramp Solution accepts Mastercard and Visa payments from users in 173 countries, it also specialises in the acceptance of popular regional payment systems and e-wallets, in Europe, Southeast Asia, and Latin America. Well known global methods are supplemented by such systems as SEPA (Europe), Pix (Brazil), GCash (Philippines), MoMo (Vietnam), SPEI (Mexico), Union Pay (Japan), and many more. APMs (Alternative Payment Methods) such as bank transfers have become ubiquitous in certain areas of the world. Alchemy Pay’s off ramp capability remits to users in 27 local fiat currencies.
Crypto payment service provider Alchemy Pay has partnered with several well-known public blockchains including Arbitrum, Polygon, Avalanche, and Algorand.
About Alchemy Pay
Founded in Singapore in 2018, Alchemy Pay is a payment gateway that seamlessly connects crypto and global fiat currencies for businesses, developers, and users.
