On Thursday, the Alchemy Pay team announced via X that it has secured an Electronic Financial Business license in South Korea. The team is also lined up partnerships with Kakao Pay, Naver Pay, and PAYCO.
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’s ACH token is up 3% in the last 24 hours and trades at $0.02647.