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ACD and Alchemy Launches ACD Cryptocurrency Tokens Across Asia

Update: November, 27/2019 - 04:38

  • Alchemy and ACD Inc. form a global strategic partnership to launch ACD tokens at businesses and merchant networks across Asia
  • ACD token holders will now be able to purchase with their ACD tokens at numerous outlets including  ANA's group resources and ACD Inc.'s e-commerce platforms and retail businesses

SINGAPORE / TOKYO, JAPAN - Media OutReach - November 27, 2019 - Alchemy Global Payment Solutions Limited ("Alchemy"), a global cryptocurrency payment pioneer that powers businesses with Asia's first hybrid cryptocurrency and fiat payment solutions ("Hybrid Payment Solution"), has partnered with Tokyo-based ACD Inc. (a Joint-Venture Group Company of ANA Holdings, TSE:9202) ("ACD"), a company that provides cross-border e-commerce and global air cargo delivery, logistic services in Japan, to enable ACD tokens at both online and offline merchant networks of ACD and QFPay in Japan and across Asia.


Alchemy will provide their Hybrid Payment Solution to  ACD e-commerce servicing platforms and retail merchants, enabling merchants to accept payments from customers paying with ACD tokens and other popular cryptocurrencies such as Bitcoin Cash, Bitcoin, Ethereum as well as their digital wallet of choice like Rakuten Pay, Alipay and WeChat Pay.


"The Hybrid Payment Solution is an intuitive application that enables merchants to accept fiat and cryptocurrencies with equal ease," said Mr. Patrick Ngan, Co-Founder and CEO of Alchemy. "This partnership is set to benefit the entire payment ecosystem, from payment partners to merchants and consumers including ACD token holders who can now use their tokens to purchase goods and services. We have recently launched our hybrid payment system at the iconic lifestyle restaurant Ce La Vi in Singapore and have received strong interest from customers who wish to pay with cryptocurrencies."


Commenting on the partnership, Mr.Yasuhiro Sonoda, CEO of ACD said "This partnership is an advanced alliance that maximizes the use of our online and offline resources and the resources of Alchemy and QFPay. It will also be the first step towards a more specific promotion for the ACD Coin Project and will be a more future-oriented alliance."


Ms. Angie Li, CEO of QFPay Japan, welcomed the global strategic partnership, said that "We are extremely honoured to partner with prestigious global partners like ANA and ACD, and we are thrilled to announce that ACD tokens will be accepted at QFPay's online and offline merchants as well as ACD's and their affiliated companies' merchants across Japan soon."

About Alchemy Global Payment Solutions Limited

Alchemy Global Payment Solutions ("Alchemy") is a global digital payment pioneer and leader that provides businesses and merchants with end-to-end hybrid crypto and fiat payment solutions. Alchemy is leveraging blockchain technologies to improve the efficiency and cost-effectiveness of the payment industry and creating cryptocurrencies' use cases to drive mainstream adoption. Alchemy's hybrid crypto and fiat payment system is launch-ready and deployed at over 2000 merchant sales points in Hong Kong and Singapore since July 2019.

About ACD Inc.

ACD Inc. ("ACD") provides blockchain projects aims to optimize e-commerce environment all over the world and improve the convenience and further development. ACD will utilize blockchain and tokenization into cross-border e-commerce and logistics industry. What is important in cross-border e-commerce platforms is the multi-lingualization of sites, multi-currency, selection of various payment methods and establishment of logistics and shipping flow. ACD will provide solutions to these areas. In particular, for China which is currently receiving the most attention in overseas markets, we provide one stop service "Multilingual Cart", "EKKYO .NET", "International Delivery Service" for all flows including e-commerce, pre-clearance and international delivery. By utilizing blockchain and tokenomics into our service, we can realize e-commerce deployment to international market more safely, reliably and speedily.

About QFPay

QFPay is a leading mobile payment technology, solution and service provider with presence across 13 markets in Asia and the Middle East. Since its incorporation in 2012, QFPay is empowering merchants with end-to-end online and offline QR-code mobile payment solutions and value added services including food ordering services and customer loyalty programs. To date, QFPay's solutions have served over 1.2 million merchants and executed over 1 billion transactions. These merchants range from luxury fashion and jewellery brands to restaurants, hotels, exhibitions to convenience store chains.


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