Alchemy Pay, a leading fiat-crypto payment gateway, has formed a strategic alliance with Worldpay, the foremost global acquirer, to enhance its payment channels and capabilities. This partnership provides Alchemy Pay access to Worldpay's Visa and Mastercard payment rails on its On & Off-Ramp, enabling users to efficiently buy and sell crypto using credit and debit cards, thereby improving customer experience. Worldpay's channels will also support Alchemy Pay's NFT Checkout, expanding accessibility to a broader audience for non-fungible tokens (NFTs).

Worldpay, a subsidiary of financial technology leader FIS, is a top acquirer globally and handles over 130 million daily transactions across mobile, online, and in-store platforms. With a vast network of over 1 million merchants in 146 countries dealing with 135 currencies, Worldpay's expertise lies in fast settlement and cross-border payments. Through this collaboration, Alchemy Pay aims to strengthen its global presence and reduce barriers to cryptocurrency and NFT transactions.

Robert McCracken, Ecosystem Lead at Alchemy Pay, expressed excitement about advancing mainstream crypto accessibility through collaboration with Worldpay. Nabil Manji, Head of Crypto and Web3.0 at Worldpay, highlighted the alignment of Alchemy Pay's mission with Worldpay's role in bridging traditional and digital finance. Alchemy Pay continues to secure licenses globally, reflecting its commitment to compliance and regulatory standards in the crypto payment industry.