The Alchemy Pay team announced via a blog post on Tuesday that it now supports cash payments on its On-ramp service for Taiwan users enhancing the convenience of purchasing crypto assets. Users can now place orders and pay with cash in Taiwan’s local fiat currency, TWD, at popular offline convenience stores such as 7-Eleven, Family Mart, OKmart, and Hi-Life.
Users can now purchase crypto assets while running everyday errands, without needing to visit a bank or use online payment methods. Additionally, paying with cash at trusted convenience stores adds an extra layer of security, as users do not need to share bank details or credit card information, Alchemy Pay added.
Alchemy Pay is a payment system focused on retail transactions at the point of sale and peer-to-peer remittance. Users can make payments in fiat, stablecoins, and other cryptocurrencies on traditional payment systems. Alchemy Pay’s ACH token is up by 3% in the last 24 hours and currently trades at $0.02287.