Alchemy Pay Forms Strategic Partnership with Worldpay to Expand Cryptocurrency Payment Channels

Alchemy Pay, the pioneering fiat-crypto payment gateway, has joined Worldpay to amplify payment channels and elevate payment capabilities. This collaboration allows Alchemy Pay to access Worldpay's Visa and Mastercard payment rails on its On & Off-Ramp.

As per PR Newswire, the collaboration empowers Alchemy Pay users with increased efficiency and a superior customer experience when buying and selling cryptocurrencies using their credit and debit cards.

Worldpay's Expertise Facilitates Enhanced Payment Solutions

Acquired by the global financial technology leader FIS in 2019, Worldpay holds the top position as an acquirer on Nasdaq regarding market capitalization and is recognized as the largest global acquirer based on general-purpose transaction volume.

Cointelegraph noted that with a vast network of over 1 million merchants globally, Worldpay specializes in fast settlement and boasts extensive experience in international and cross-border payments.

Responding to the emergence of innovative trends in crypto and blockchain technology, Worldpay has enthusiastically embraced cryptocurrency by offering payment services. The FIS group has facilitated over $20 billion in transactions from card to crypto, reflecting their commitment to facilitating the widespread adoption of digital assets.

Alchemy Pay Empowers Global Crypto Adoption

The partnership with Worldpay significantly enhances Alchemy Pay's global presence by reducing barriers associated with cryptocurrency and NFT transactions.

Alchemy Pay seeks to enable the widespread use of crypto and Web3 services by providing easy access to fiat payments.

With Worldpay's extensive global reach, Alchemy Pay is now better positioned to assist business partners and users in seamless cryptocurrency transactions worldwide, offering enhanced payment experiences and more favorable fee structures. The partnership enhances Alchemy Pay's global presence and reduces barriers associated with buying and selling cryptocurrencies and NFTs.

Collaboration Advances Mainstream Accessibility of Crypto and Digital Assets

The collaboration between Alchemy Pay and Worldpay aims to advance the mainstream accessibility of crypto and digital assets. By leveraging Worldpay's expertise in global payments and Alchemy Pay's cutting-edge payment technology, both companies are committed to making cryptocurrencies and NFTs more accessible to a broader audience.

Alchemy Pay actively pursues and secures licenses to operate payment services in various countries and regions, including Arkansas in the United States, Canada, Indonesia, and Lithuania. This proactive approach allows Alchemy Pay to expand its reach and enable seamless cryptocurrency transactions globally.

The collaboration with Wordplay aims to facilitate seamless, secure, and efficient cryptocurrency transactions, making Alchemy Pay the go-to choice for businesses and individuals.

Photo: PR Newswire