Alchemy Pay, a crypto payment solution provider, has teamed up with Polkadot. With his new collaboration, users can effortlessly convert DOT to and from over 50 fiat currencies across 173 countries using their preferred local payment methods.

Alchemy Pay is a payment protocol that provides services for bridging the fiat and crypto global economies. Their products include crypto payment solutions, on and off-ramps for fiat-crypto exchanges, and NFT checkout services that enable direct purchases with fiat payments. With Alchemy Pay, merchants and end-users can execute convenient and flexible payment transactions in fiat and cryptocurrency.

More About the Partnership Between Alchemy Pay & Polkadot

Alchemy Pay’s On and Off-Ramp now allows users to purchase and sell DOT, the native token of the Polkadot network. Using their preferred local payment methods, users can easily convert DOT to and from over 50 fiat currencies throughout 173 countries.

Along with supporting USDT and USDC on Polkadot, Alchemy Pay’s On-Ramp provides users with a wide range of fully compliant payment alternatives. This integration helps create a seamless access point for both novice and seasoned investors interested in participating in the Polkadot ecosystem.

Alchemy Pay is a payment system that accepts well-known payment methods such as Visa and Mastercard and other options such as Apple Pay and Google Pay. It has expanded to 173 countries worldwide, covering over 300 payment channels. In addition, Alchemy is compatible with bank transfers and mobile e-wallets using mobile devices.

Alchemy Pay is actively pursuing licenses in various countries and regions, including different states in the United States, the United Kingdom, Canada, Indonesia, and Lithuania, with the upcoming acquisition of licenses in Hong Kong, Singapore, and other locations. This is part of the company’s efforts to broaden its service portfolio and optimize its operational efficiency capabilities. Visa and Mastercard have appointed Alchemy Pay as an authorized third-party service provider, further solidifying the company’s position as the industry leader in the cryptocurrency payment scene.

About Polkadot

Polkadot is a blockchain that’s designed to support other blockchains. Think of this crypto platform as a network of other blockchain systems. It offers an advanced modular architecture, allowing developers to design and build their specialized blockchain projects quickly. Its pooled security ensures the same high standard for secure block production across all connected chains and apps connected to it, as well as robust governance that provides a transparent system where everyone has a say in shaping the blockchain ecosystem for growth and sustainability.