Alchemy Pay Enables Micropayments for Purchasing Cryptocurrencies, Reducing Entry Barriers

Alchemy Pay Enables Micropayments for Purchasing Cryptocurrencies, Reducing Entry Barriers

Alchemy Pay, a leading fiat-crypto payment gateway, has introduced a new feature that allows users to purchase small amounts of cryptocurrencies through its onramp service. With a minimum purchase amount of just 1 USD, this enhancement offers users greater flexibility and significantly reduces the entry barrier for investing in cryptocurrencies.

This micropayment support is now available on various popular cryptocurrency networks, including USDT and USDC on SUI, ERC20, and TRC20 networks, with additional support for BNB, USDT, and USDC on the BEP20 network. The minimum purchasable amounts for each network are set at 1 USD for SUI, 10 USD for ERC20, 2 USD for TRC20, and 1 USD for BEP20. Users can easily access and utilize this feature on Alchemy Pay’s dedicated ramp page.

For users, the introduction of micropayment functionality provides an affordable opportunity for newcomers to experience cryptocurrencies firsthand. It also broadens the range of possibilities for micropayment scenarios, such as topping up small gas fees, purchasing in-game items on GameFi platforms, giving tips for quality articles, or subscribing to newsletter services. Moreover, for businesses and projects, this feature lowers the barriers to attract users from the Web2 world. By allowing users to start with minimal amounts, it addresses their concerns and encourages them to embrace cryptocurrencies with confidence.

Presently, several third-party ramp service providers have higher minimum limits, usually requiring a minimum crypto purchase worth 30 USD. Alchemy Pay distinguishes itself by offering users more options, giving them a clear advantage in terms of flexibility.

Alchemy Pay (ACH) has earned its reputation as an expert in delivering solutions that bridge the gap between crypto and Web3 services, making fiat payments accessible to a mainstream audience. As a leading payment gateway, Alchemy Pay has expanded its reach to 173 countries worldwide, providing support for over 300 payment methods. These methods include well-known options such as Visa, Mastercard, Google Pay, Apple Pay, various popular mobile wallets, and domestic bank transfers. With extensive experience in the crypto industry, Alchemy Pay is dedicated to connecting everyday individuals with cryptocurrencies, ensuring seamless access to the benefits of digital assets.

About Alchemy Pay

Founded in Singapore in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto and global fiat currencies for businesses, developers, and users. Through its Ramp Solution, Alchemy Pay supports payments from 173 countries, including Visa, Mastercard, Google Pay, Apple Pay, popular regional mobile wallets, and domestic transfers, with a particular focus on emerging markets.

Additionally, its offramping capability allows users to remit funds in 50+ local fiat currencies. The NFT Checkout feature enables direct purchases of NFTs using fiat payment methods. Moreover, the Crypto Card Solution, designed specifically for businesses, empowers them to provide their users with branded virtual and physical cards, enabling instant global shopping and easy top-ups with mainstream tokens. ACH serves as the Alchemy Pay network token on Ethereum and BNB Smart Chain.