The Alchemy Pay team announced via a Medium post on Tuesday that they have added bank transfers for cryptocurrency purchases for users in the Philippines.
With the support of domestic bank transfers, purchasing cryptocurrencies with the local fiat currency, Philippine PESO (PHP),, becomes seamless and cost-effective, the team added.
Alchemy Pay is a payment system focused on retail transactions at the Point-of-Sale and peer-to-peer remittance. Users can ake payments in fiat, stablecoins and other cryptocurrencies on traditional payment systems. Alchemy Pay’s ACH token is down by 1% in the last 24 hours and currently trades at $0.01968.