Alchemy Pay partners with Zero Hash to enhance payment capabilities

PRNewswireJanuary 31, 20244 min

Alchemy Pay has announced its partnership with Zero Hash, the leading¬†crypto¬†infrastructure platform, in a move to enhance its payment capabilities. Through the integration of Automated Clearing House (ACH) transactions via Zero Hash’s full-stack API on Alchemy Pay’s On-Ramp, the collaboration is geared towards expanding Alchemy Pay’s presence in¬†the United States¬†and enhancing services for US users. Leveraging Zero Hash’s regulatory licensing and seamless and compliant identity verification capabilities in the US, users can now use fiat for¬†crypto¬†purchases through ACH bank transfers.

With access to over 50+ digital assets and spanning 22 blockchains, Zero Hash has facilitated settlements totaling over $15 billion in transactions. Through its robust full-stack API solution, Zero Hash has enabled industry leaders in both Web2 and Web3, including notable collaborations with entities like Stripe to own their customer experience and offload the technical and regulatory complexities to Zero Hash. It provides products ranging from crypto buying and selling, on-chain deposits and withdrawals, crypto rewards, and crypto payments. Zero Hash supports 221 countries, and notably provides complaint access to 51 U.S. jurisdictions. This reliability empowers its customers to expansively and compliantly operate in these regulated countries and regions.

“As a leader in providing technical and regulatory¬†crypto¬†infrastructure, Zero Hash is delighted to have been selected by Alchemy Pay to power their¬†crypto¬†on-ramp in the US, leveraging ACH payments. Zero Hash shares the same DNA and mission as Alchemy Pay, to connect fiat and¬†crypto¬†economies,” said¬†Mark Daly, SVP Growth at Zero Hash. “We are proud that leading web3 companies, like Alchemy Pay, choose to build their¬†crypto¬†programs on top of our stable, flexible and compliant¬†crypto¬†infrastructure.”

“Our expansion of services and licensing in the¬†USA¬†has been complemented by Zero Hash’s own licenses and technical expertise,” commented¬†Alchemy Pay Ecosystem Lead,¬†Robert McCracken. “This partnership ultimately provides our US ramp users with the ability to use domestic ACH transactions for speed, efficiency, and security when purchasing digital assets.”

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