The Alchemy Pay team announced via a Medium post on Friday that it had expanded its range of payment options for users in the Philippines. This includes the addition of local mobile e-wallets and bank transfers, facilitating users to purchase cryptocurrency using the local fiat currency Philippine Peso.
At present, Alchemy Pay supports all bank transfers within the Philippines and also extends support through popular e-wallets such as Maya, Coin.ph, and GrabPay.
Alchemy Pay is a payment system focused on retail transactions at the Point-of-Sale and peer-to-peer remittance. Users can make 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 $0.02270.