The Alchemy Pay team announced via a Medium post on Wednesday that they have launched local payment methods in Vietnam by supporting domestic bank transfers and mobile wallets, MoMo, ViettelPay (VT Pay).
Alchemy Pay’s ramp solution, integrated via API or on-ramp widget, is available to Web3 platforms with a need to access users in Vietnam. In addition to Mastercard, Visa, Apple Pay and Google Pay, Vietnamese users can now buy crypto directly with VND (Vietnamese dong) on Web3 platforms using these popular local alternative payment methods (APMs).
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 16% in the last 24 hours and currently trades at $0.01587.