Non-fungible tokens (NFTs) have seen tremendous growth in recent years, but many businesses and individuals have been hesitant to embrace them due to challenges around accessibility. That’s where Alchemy Pay comes in. Our NFT Checkout solution is a game changer for web3 apps, offering numerous benefits that can help businesses to unlock the full potential of NFTs.
What is an NFT Checkout?
An NFT Checkout is a solution that enables businesses to sell and accept payment for NFTs using a variety of payment methods. This allows businesses to better monetise their NFT holdings and to use them in a more practical and effective way.
Why NFT Checkouts are Good for Your Web3 App
NFT Checkouts are a critical component of any successful NFT ecosystem, and they are particularly important for businesses. Here’s why:
Increased Monetisation: NFT Checkouts provide a mechanism for businesses to sell their NFT holdings and to monetise their collections. This increased monetisation can help businesses to generate additional revenue and to grow.
Increased Adoption: NFT Checkouts can help to drive the adoption of NFTs by making it easier for businesses to sell and accept payments for NFTs. This increased adoption can help to build a stronger and more stable ecosystem for NFTs.
Improved User Experience: NFT Checkouts offer a streamlined and convenient payment process, improving the overall user experience for businesses and customers alike.
Easy Integration
Alchemy Pay offers easy integration with other platforms and systems, allowing businesses to seamlessly incorporate our NFT Checkout solution into their existing infrastructure. This helps to streamline the payment process, improving the overall user experience for businesses and customers alike.
Direct to Customer Payment Gateway Solutions
After first establishing the number one crypto payment system in Southeast Asia, Alchemy Pay pivoted to d2c solutions for the first time in 2022. Our On & Off-Ramp and NFT Checkout were all launched in Q3 and Q4 of this year. The constant upgrades and innovations since initial launch has created a full suite of offerings that satisfy newcomers and surprise crypto natives.
Payment Methods Supported
At Alchemy Pay, we are proud to support a wide range of payment methods for our NFT Checkout, including Mastercard and Visa for users in 173 countries, as well as countless regional e-wallets and domestic and international bank transfers.
In addition, we support Apple Pay (currently USD and EUR only), Google Pay,Alchemy Pay’s Ramp Solution supports Mastercard and Visa in 173 countries, and furthermore supports particularly high utility in Southeast Asia and Latin America. Across the world, mobile wallets are emerging as many people’s preferred payment method.
Being based in Singapore, Alchemy Pay has witnessed the explosion in popularity of APMs and ensures that users are able to purchase crypto using them. As well as Mastercard, Visa and Apple Pay, the ramp supports crypto payments with Binance Pay (70M+ users); domestic transfers throughout emerging markets, and popular e-wallets around the world. Alchemy Pay supports SEPA in EU and UK; e-wallets such as GCash in the Philippines (60M users); OVO (92M users) & Dana (115M users) in Indonesia; Kakao Pay (NFT Checkout only) in Korea (36.5M users) MoMo in Vietnam (23M users); PayNow in Singapore (4.9M users); Pix in Brazil (116M users), as well as domestic transfers in Peru, Chile, Colombia.
Alchemy Pay’s founding team’s experience in the traditional finance and fintech payments space has given an advantage where competitors have struggled. In recent months, it has formed partnerships with networks like, for example, Polygon, Avalanche, Algorand, and Arbitrum.
Secure Payments
At Alchemy Pay, we implement the latest security measures to ensure the safety and privacy of our users’ financial information. All transactions are secured by encryption, fraud detection systems, and other security measures.
Multi-Currency Support
Alchemy Pay supports transactions in multiple currencies, allowing businesses to reach a global customer base. Customers can pay in their preferred currency, while businesses receive payments in their desired currency.
Supported currencies: USD, EUR, JPY, GBP, IDR, MXN, THB, AED, KRW, PLN, RON, SEK, DKK, ILS, MDL, CHF, KZT, NZD, AUD, CAD, TWD, HKD, BGN, MYR, VND, BRL, NOK, HRK, MKD.
In conclusion, the Alchemy Pay NFT Checkout solution is a game changer for Web3 apps, providing businesses with a convenient, secure, and easy-to-use solution for selling and accepting payment for NFTs. Whether you are an established business looking to monetise your NFT holdings, or a startup looking to start accepting NFT payments, Alchemy Pay has you covered.
