Hassan Maishera
On Wednesday, the Alchemy Pay team announced via a blog post that it has expanded its fiat on-ramp service in Malaysia with the integration of three new local payment channels: GrabPay, Touch ‘n Go eWallet, and Boost.
The update enables users to purchase crypto using Malaysian Ringgit (MYR) through some of the country’s most widely adopted digital wallets, further strengthening Alchemy Pay’s localized payment infrastructure across Southeast Asia.
By integrating leading Malaysian payment methods directly into its on-ramp infrastructure, Alchemy Pay helps global crypto platforms provide a smoother and more familiar payment experience for local users.
The newly added payment channels expand Alchemy Pay’s support for local payment preferences while improving accessibility for users entering the crypto economy.
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GrabPay: GrabPay is one of the largest digital wallets in Malaysia and is widely used across ride-hailing, food delivery, online shopping, and QR merchant payments. Supported by the country’s strong mobile wallet adoption rate, GrabPay has become a core payment tool for millions of consumers across Southeast Asia.
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Touch ‘n Go eWallet: Touch ‘n Go eWallet is widely recognized as Malaysia’s leading e-wallet platform, serving more than 20 million users through transport services, toll payments, retail purchases, and daily transactions. Its strong user penetration and extensive merchant network make it one of the country’s most important digital payment infrastructures.
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Boost: Boost is a major Malaysian e-wallet platform known for cashback rewards, utility bill payments, and retail integrations. As one of the country’s established digital wallet providers, Boost supports a wide range of digital payment use cases across both online and offline commerce.
Founded in Singapore in 2018, Alchemy Pay (ACH) is a payment solutions provider that seamlessly connects fiat and crypto economies for global consumers, merchants, developers, and institutions. It provides online and offline merchants with convenient acceptance of both fiat and crypto, enables easy onboarding to blockchain ecosystems, and makes web3 services highly accessible.
Today, Alchemy Pay is supported in over 70 countries with 300 payment channels, has touchpoints with more than 2 million merchants through partnerships with industry leaders such as Binance, Shopify, NIUM, and QFPay. Alchemy Pay’s token ACH is an ERC20 native to the Ethereum blockchain
Alchemy Pay is a payment system focused on retail transactions at the point of sale and peer-to-peer remittance. Users can make payments using fiat, stablecoins, and other cryptocurrencies on traditional payment systems.
Alchemy Pay (ACH) is a payment solutions provider that seamlessly connects fiat and crypto economies for global consumers, merchants, developers, and institutions. It provides online and offline merchants with convenient acceptance of both fiat and crypto, enables easy onboarding to blockchain ecosystems, and makes DeFi services highly accessible. Alchemy Pay’s ACH token is down 1% in the last 24 hours and trades at $0.006246. Alchemy Pay supports cryptocurrency’s mission to provide people of all economic and geographic backgrounds with equal access to global finance.
