Hassan Maishera
On Thursday, the Alchemy Pay team announced via a blog post that it has officially expanded its localized On-Ramp service in Bangladesh. This latest network expansion integrates four of the country’s most prominent mobile financial services — bKash, Nagad, Rocket, and Upay — enabling users to seamlessly purchase digital assets using the Bangladeshi Taka (BDT).
The integration covers a comprehensive range of local market leaders and emerging platforms to ensure maximum coverage:
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bKash: As the dominant market leader and quasi-national payment rail for retail transactions, bKash boasts over 50 million registered users, serving as the primary digital hub for everyday payments in Bangladesh.
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Nagad: Positioned as the fast-growing second major player in the market, Nagad brings tens of millions of registered users and strong growth momentum in merchant and retail transactions.
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Rocket: A pioneer in the domestic mobile financial service landscape, Rocket offers stable, bank-backed mobile banking infrastructure to millions of users seeking secure, long-established transactional rails.
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Upay: A rapidly expanding, modern digital wallet ecosystem capturing millions of users across urban and semi-urban areas for fund transfers and utility payments.
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 up 1% in the last 24 hours and trades at $0.004259. Alchemy Pay supports cryptocurrency’s mission to provide people of all economic and geographic backgrounds with equal access to global finance.
