On Tuesday, the Alchemy Pay team announced via a blog post that it has partnered with AEON, the next-generation modular payment protocol. This collaboration aims to elevate the crypto payments industry by combining Alchemy Pay's expertise in crypto payments with AEON's advanced payment infrastructure and innovative protocol. This will help create a more efficient, secure, and user-friendly payment ecosystem.
AEON's underlayer payment protocol will complement Alchemy Pay's existing payment infrastructure by providing the essential protocols, standards, and services. In this collaboration, AEON is the foundational infrastructure for Alchemy Pay's payment network and comprehensive suite of solutions, optimizing the transaction routing, clearing, and settlement processes.
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 down 5% in the last 24 hours and currently trades at $0.01682.