# Alchemy Pay > Bridging the fiat and crypto global economies Alchemy Pay is a payment solutions provider that bridges fiat and crypto economies. It enables consumers, merchants, developers, and institutions to convert between fiat currencies and digital assets across a wide range of markets. Alchemy Pay is a payment solutions provider, classified as a payments company, that bridges fiat and crypto economies for consumers, merchants, developers, and institutions. It provides infrastructure that lets users convert between fiat currencies and digital assets, access Web3 services, and move funds across traditional and decentralized finance systems. The platform addresses the friction of moving value between conventional banking rails and blockchain networks by offering on-ramp and off-ramp payment infrastructure connected to numerous local payment methods and banking partners across a wide range of countries. It works by routing fiat deposits and withdrawals through local payment channels while settling the crypto side of transactions on multiple blockchains, giving platforms a way to accept fiat payments for crypto exchanges, decentralized applications, wallets, and NFT marketplaces without building this connectivity themselves. Its offering spans on and off ramps, a crypto payment card program, and payment acceptance tools for merchants, including NFT checkout and token listing support. These products are grouped around a common goal of mainstream-friendly access to digital assets, and are used by crypto exchanges, wallets, decentralized applications, and merchants seeking to accept both fiat and crypto payments from a global user base. - Type: Company - Sector: Payments - Status: Active - Founded: 2017-01-01 - Profile: https://thegrid.id/profiles/alchemypay_org ## Products - [Alchemy Pay On/Off Ramp](https://thegrid.id/profiles/alchemypay_org): Alchemy Pay On/Off Ramp is an on/off ramp service that lets users buy cryptocurrency with fiat and convert crypto back into fiat. It supports a wide range of fiat payment rails, including cards, mobile wallets, and bank transfers, alongside multiple fiat currencies and cryptocurrencies for both directions of conversion. The service includes instant identity verification and integrates into partner platforms such as exchanges, DeFi protocols, wallets, NFT marketplaces, and play-to-earn games through a hosted page, embedded widget, or API. (On/Off Ramp, Live, Main Product) - [Alchemy Pay NFT Checkout](https://thegrid.id/profiles/alchemypay_org): Alchemy Pay NFT Checkout is a merchant payment gateway that lets buyers purchase NFTs directly with fiat currency without first acquiring cryptocurrency. It supports a wide range of card and local fiat payment methods, applies fraud protection to guard against chargebacks, and allows purchases without identity verification up to a set value threshold. Brands, creators, and marketplaces integrate the checkout through a hosted page or an API to simplify NFT buying for mainstream users. (Merchant Payment Gateway, Live) - [Virtual Card Service](https://thegrid.id/profiles/alchemypay_org): Virtual Card Service lets businesses issue branded physical or virtual Web3 cards for their users. Cardholders top up balances with stablecoins and major cryptocurrencies, which are converted into fiat for spending online and in-store, including through mobile wallet payment services. The offering supports multiple regional card programs and gives partners a customizable, fast-issuance card solution for their token economies. (Card issuance, Live) - [Alchemy Chain](https://thegrid.id/profiles/alchemypay_org): Alchemy Chain is a Layer 1 blockchain built for compliant, low-latency, borderless stablecoin payments. It uses a proof-of-authority consensus mechanism for fast, deterministic finality, charges fixed transaction fees denominated in its native token rather than variable gas markets, and provides a token management system for issuing and administering stablecoins and tokenized real-world assets. The network also offers direct, fiat-native integration with banks and payment service providers to support settlement and on/off-ramp connectivity for regulated payment ecosystems. (L1, Live) - [Alchemy Pay](https://thegrid.id/profiles/alchemypay_org): Alchemy Pay is a merchant payment gateway that allows businesses to accept cryptocurrency payments from customers. Customers pay an invoice at a locked-in exchange rate, the payment is converted into the merchant's local currency, and settlement is initiated to the merchant's bank account the next business day. The gateway supports multiple cryptocurrencies across various blockchain networks with settlement in a stablecoin or fiat currency, helping merchants accept crypto without managing conversion or volatility themselves. (Merchant Payment Gateway, Live) ## Assets - [Alchemy Pay (ACH)](https://thegrid.id/profiles/alchemypay_org): ACH is the utility token of Alchemy Pay, a fiat-to-crypto payment infrastructure provider. It is used for fee discounts, network rewards distributed to merchants based on payment volume, and merchant pledging where businesses lock ACH to join the network. The network is developing Alchemy Chain, a Layer 1 blockchain for stablecoin payments where transaction fees will be paid in ACH. (Native) ## Links - [Main](https://alchemypay.org) - [Whitepaper](https://alchemypay.org/Alchemy_WP-EN%20(1).pdf) - [Blog](https://alchemypay.org/blogs) - [Media Kit/branding](https://alchemypay.org/brand) - [Privacy policy](https://alchemypay.org/privacy-policy) - [Terms of Service](https://alchemypay.org/terms-of-use) - [Telegram](https://t.me/alchemy_official) - [Reddit](https://www.reddit.com/r/AlchemyPay) - [Twitter / X](https://x.com/AlchemyPay) - [LinkedIn](https://www.linkedin.com/company/alchemypay) - [Instagram](https://www.instagram.com/alchemypay_ach) - [YouTube](https://www.youtube.com/@AlchemyPay) - [Facebook](https://www.facebook.com/alchemypayofficial) - [Medium](https://alchemypay.medium.com) - [GitHub](https://github.com/Alchemy-Pay) ## Relationships - [Alchemy](https://thegrid.id/profiles/alchemy): Parent organization ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation. Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service. The following applies to both licensing models. - All data is provided AS IS with no guarantees of accuracy. - The Grid does not provide investment, legal, or tax advice, and - a project's presence in The Grid's data does not imply endorsement. - [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers - [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service. - [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service. - [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services. - [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures ## Optional - [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model - [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships - [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type - [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types - [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP