Crypto payment firm Alchemy Pay has partnered with WorldPay.

Singapore fintech company Alchemy Pay has partnered with UK-based payment processor WorldPay.

According to the December 19 announcement, the partnership will allow Alchemy Pay users to use WorldPay Visa and MasterCard payment rails to purchase cryptocurrencies with their credit and debit cards.

“Alchemy Pay is now better positioned to help our business partners and users with seamless cryptocurrency transactions globally,” said Alchemy Ecosystem Leader Robert McCracken.

Meanwhile, Nabil Manji, head of crypto and Web3 at WorldPay, commented: “Alchemy Pay's mission to connect fiat with the Web3 economy to promote global adoption of digital assets is in line with WorldPay's role in bridging the gap between traditional and digital finance.

In the year Founded in 2018, Alchemy is a fiat-to-crypto onboard processor that supports more than 50 fiat currencies through Google Pay, Apple Pay and various mobile wallets. In the year On November 30, Alchemy introduced instant payment solutions for the euro and the British pound, allowing transfers for crypto purchases to be processed in “seconds to a few minutes.”

In the year On November 23, Alchemy received a financial services license in the US state of Iowa after receiving a financial services license in Arkansas in September.

In the year In March, WorldPay owner Fidelity National Information Services (FIS) announced plans to divest the subsidiary following a $43 billion acquisition in 2019, with FIS recording $18 billion in the deal.

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Worldpay has been continuously integrating with Web3 technologies over the years. In the year In July 2021, the company partnered with Okcoin to provide onboard infrastructure for the fiat-to-crypto exchange. In October 2022, digital asset management platform FireBlocks launched a new payment engine for merchants with pilot partners Checkout.com and WorldPay.