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What is needed to set up the Alchemy Pay POS

in a business, does it require prior verification of the business or KYC, do I need any special equipment?

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For offline crypto acceptance, you may apply for a merchant account here: https://alchemypay.org/crypto-payment-acceptance/ As we will be settling your processed transactions in fiat currency to mitigate all price volatility risk for you, we will have to conduct a KYB on your business to ensure we are not processing any illicit transactions. With regards to setup and equipment, depending on where you are based, we may be able to provide you with a POS machine. Alternatively, you can choose to install our merchant app in your existing android-based POS device or any iOS/Android mobile devices!

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