Crypto payment gateway Alchemy and its co-founder Shawn Shi have been recognized by Forbes with the Web3 Innovation Pioneer Award for the contributions the company made to the development of Web3.
Crypto Payment Gateway Alchemy Pay Has been Officially Recognised by Forbes with the Web3 Innovation Pioneer Award
After its foundation in 2018, Alchemy Pay became the leading crypto payment system in Southeast Asia. The constant upgrades, development and innovations since initial launch has created a full suite of offerings that satisfy newcomers and surprise experienced crypto enthusiasts. The ramp services (plugin or API) have been integrated by platforms all across the Web3 space, from large scale exchanges and to small, specialised token issuers and dApps.
The Forbes Award
The Forbes award recognises the company’s pioneering achievements in the fintech/crypto space. It picked out entrepreneurs and investors who have made significant contributions to the development of Web3. Forbes highly appreciated the value creation by ALchemy Pay in the Web 3.0 field. It is worth noting that the Forbes Award shows how the current Web 3.0 wave is shaping a higher level of autonomy.
Shawn Shi, Alchemy Pay’s co-founder, commented: “It is great to receive industry recognition for our work in the payment space. The scope of possibility is wide open and our team is always pushing the boundaries. We have proven again and again that any payment scenario with any customisation is possible. I’m very proud of our team and 2023 will continue to expand our vision.”
The Company’s Recent Activity
Alchemy Pay ended 2022 by integrating with Arbitrum, the world’s largest Ethereum scaling layer-2, going live with Apple Pay, and becoming an official service provider by Visa. Currently, Alchemy Pay supports Mastercard and Visa in 173 countries, as well as large scale banking systems such as SEPA in Europe. Its success comes from its team’s significant experience and working knowledge with both legacy finance and blockchain technology.
It is hard to deny that locally based mobile wallets have become a huge part of the payment market in these emerging markets. In order to keep up this trend, Alchemy Pay provides users to buy and sell digital assets using them. As a result, crypto platforms and services are able to access hitherto unreachable markets around the world.
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