What is ACH
ACH is the native utility token for Alchemy Pay, used to pay for service fees related to the Alchemy Pay Platform. Alchemy Pay allows merchants to accept offline payments via mobile application, Point of Sale system (POS), eCommerce gateway or as a regular credit card transaction using Alchemy Pay virtual crypto Visa or Mastercard. Users can send and standard cryptocurrency to card and mobile wallets and settle payments in their preferred local currency to minimize friction. Merchants and their customers are rewarded ACH tokens for every crypto transaction processed. Alchemy Tech provides merchant services to a wide range of strategic partners and developers including Shopify, Binance, Huobi and others.
