- Alchemy Pay has announced a new strategic partnership.
- The partnership will help the company broaden its fiat-to-crypto services.
- The company also aims to enhance its global presence via the partnership.
Fiat-crypto payment gateway Alchemy Pay has announced a strategic partnership with Worldpay to elevate its payment capabilities and broaden its payment channels.
Founded in Singapore in 2017, Alchemy Pay offers crypto-fiat payment solutions in 173 countries via its On & Off-Ramp, NFT Checkout, Crypto Card, and Crypto Payments solutions. The company has its network token dubbed ACH on the Ethereum blockchain.
Alchemy Pay Partners with Worldpay
According to a press release dated December 19, Alchemy Pay has partnered with Worldpay to enable its users to buy and sell cryptocurrencies with greater efficiency and better customer experience via their credit and debit cards.
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To achieve this, the partnership grants access to Worldpay’s Visa and Mastercard payment rails on Alchemy Pay’s On & Off-Ramp. Worldpay’s payment channels will also support Alchemy Pay’s NFT Checkout post-partnership to make NFTs accessible to a wider audience.
Robert McCracken, the Ecosystem Lead at Alchemy Pay, lauded the partnership with Worldpay, noting that it positions the company to advance the mainstream accessibility of crypto and digital assets.
“Utilizing Worldpay's extensive global reach, Alchemy Pay is now better positioned to assist our business partners and users in seamless cryptocurrency transactions worldwide, providing enhanced payment experiences and more favorable fee structures,” McCracken stated.
Besides its Visa and Mastercard payment rails, Worldpay brings many other resources into the partnership.
Tapping a Resourceful Partner to Enhance Global Presence
Acquired by global fintech leader FIS in 2019, Worldpay stands as the top acquirer on Nasdaq regarding market capitalization and the largest global acquirer based on general-purpose transaction volume.
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Worldpay handles over 130 million transactions daily across mobile, online, and in-store platforms. The company has over one million merchants dealing with 135 currencies, with operations in over 146 countries.
With the partnership, Alchemy Pay aims to enhance its global presence by reducing the barriers to buying and selling crypto and NFTs.
Read how Alchemy Pay supports Burger King’s crypto payments:
Burger King Delivers on Crypto Payments Through Binance
Stay updated on McDonald’s support for crypto payments:
McDonald’s Will Receive Payments in Bitcoin (BTC) and Tether (USDT) in Lugano
