The Alchemy Pay team announced via a blog post on Wednesday that it has broadened its payment offerings within the United Arab Emirates (UAE) through its On-Ramp service.
The added support for PayBy and BOTIM Pay enables users to efficiently carry out transactions and effortlessly get crypto using the UAE's fiat currency, AED, through these widely used local payment methods. This enhancement provides users in the UAE with a more convenient and direct method for purchasing crypto, accompanied by a high success rate and reduced fees, 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 make payments in fiat, stablecoins and other cryptocurrencies on traditional payment systems. Alchemy Pay’s ACH token is up by 3% in the last 24 hours and currently trades at $0.01837.