Alchemy Pay Announces Support for Cash Payments via Crypto On-Ramp Service for Taiwan Consumers

Alchemy Pay, the fiat-payment gateway, now supports cash payments on its On-ramp service for Taiwan users that enhances the convenience of purchasing crypto-assets.

Users can now place the order 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.”

This update makes it easier “to buy crypto assets using TWD through a simple and secure process.”

By enabling cash payments, Alchemy Pay is breaking down barriers “to entry for users who may not have access to online banking or credit card services.”

Moreover, this payment method is tailored “to the local market that is more familiar to the local users.”

Taiwan’s extensive network of convenience stores “like 7-Eleven and Family Mart ensures that there is always a convenient location nearby.”

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.”

Purchasing crypto with cash in Taiwan is now a seamless process.

Here’s how you can pay for your crypto order take advantage of this new option:

First select TWD and then choose your Crypto: start by visiting Alchemy Pay’s ramp platform at Then choose TWD “as your fiat currency and select the cryptocurrency you wish to purchase.”

After that, choose cash payment: Select the Cash payment option and “get your offline payment ID number.”

Then make your payment Offline: Go to the convenience store “at your convenience, enter your payment ID number on the payment machine to get the receipt, and pay for your order in cash at the counter.”

Finally, get your Crypto: After completing your payment, you will “receive a confirmation on the ramp platform. Your purchased crypto has been successfully transferred to your wallet.”

Alchemy Pay invite all users in Taiwan “to experience this new cash payment option. Visit Alchemy Pay’s ramp website, select TWD, choose your crypto, and pay with cash at your nearest 7-Eleven, Family Mart, OKmart and Hi-Life.”

With an network of over 300 payment channels, Alchemy Pay says it “supports more than 50 fiat currencies across 173 countries, with a particular focus on emerging markets.”

Alchemy Pay aims to simplify Web3 entry “for a wider range of regions and plans to extend coverage to all crypto-accessible countries this year through its ramp platform.”

Additionally, a broader array of local payment options “will be introduced in the countries it already serves.”

Founded in Singapore in 2017, Alchemy Pay is “a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off Ramp, Crypto Card, Web3 Digital Bank, NFT Checkout, and Crypto Payments, Alchemy Pay supports payments in 173 countries.”

The Ramp is a one-stop solution “to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements.”

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