Alchemy Pay Has Stepped into the Indonesian Market, Too

On February 27th, Alchemy Pay proudly declared that the Central Bank of Indonesian granted them a license to assist with remittances and fund transfers in connection with local fintech firm Berkah Digital Pembayaran. This license will enable both companies to offer more efficient payout methods at lower costs for their customers. With this new partnership, Alchemy Pay is confident they can continue providing top-notch digital payment services across Indonesia.

Alchemy Pay to Enter the Indonesian Market Thanks to its Partnership with Berkah Digital

Alchemy Pay, a fiat-to-crypto payment provider, is expanding its services to Asia after receiving regulatory approval in Indonesia. Bank Indonesia’s official website lists Berkah Digital as an approved licensed payment service provider under category three. Primarily known for its BDPay platform, it provides retail and corporate clients with local and global remittance services while also offering payroll transfers via bank application programming interfaces that connect to 136 banks across the country.

Alchemy Announced Partnership with Google Pay Last Week

Established in 2018, Alchemy Pay is a renowned global crypto-to-fiat payment platform with numerous high-profile partnerships, including the Binance exchange. Additionally, the company operates its own utility token called Alchemy Pay (ACH), built on the Ethereum blockchain. ACH plays an integral role within the network of Alchemy Pay, providing fees for transactions and rewards to users and being involved in other processes.

Last week, Alchemy Pay revealed its support for Google Pay – enabling Android phone users to purchase crypto with bank cards. As soon as the news was announced, the ACH token surged up to $0.04- a 67% increase within 24 hours! Furthermore, in the past 7 days, it has gained 180%, and an incredible 270% gain over 30 days, according to CryptoSlate data. It’s clear that ACH is on a sustained uptrend which shows no signs of slowing down anytime soon!

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