Alchemy Pay has taken a major step forward in its mission to connect traditional finance with the cryptocurrency economy. The company has successfully registered under Visa’s Ramp Provider Program. This move backs up its increasing footprint in digital payments. This achievement was made possible through its partnership with Worldpay, a leading payments technology firm.
Visa Expands Crypto Adoption with Ramp Program
Ramp Provider Program is Visa’s program for the circumnavigation of fiat and digital currencies such as Bitcoin ($BTC), and Ethereum ($ETH). This includes the promotion of digital currency adoption, as well as, safe and efficient transactions operating across APAC, Europe, and North America. By joining this initiative, Altheny Pay solidifies its position within the ever-changing payments space.
By registering through this, Alchemy Pay now has a better chance to serve the entirety of different clients, such as cryptocurrency exchanges, digital wallets, and merchants which wish to join crypto payments. The demand for crypto to fiat conversions has been rising, and with these new capabilities, the company will be able to give businesses and consumers smoother, more secure transaction experience.
Alchemy Pay Secures New Licenses for Global Expansion
Worldpay has surely helped a great extent in Alchemy Pay’s progress. This partnership with a company by the name of Mobile Media was announced by the company in late 2023 when its access to great payment networks like Visa and Mastercard extended. With this integration, users enjoy ease of crypto transaction as it is possible to buy or sell with their credit or debit cards.
Additionally, since early 2023, Alchemy Pay has been one of Visa’s Third-Party Agent Program service providers. By receiving such recognition, the company have been able to provide Visa clients with payment related services thereby cementing the company’s position as a trustworthy partner in the digital payments industry.
‘This is a milestone that is driven by the fact that Alchemy Pay is moving full throttle to create better Crypto payment options,’ said CMO of Alchemy Pay, Ailona Tsik. Alchemy Pay is therefore well-positioned to gain industry support and global adoption of digital currencies, with authorisation and backing from Visa and Worldpay. On the other hand, the company expanded its regulatory framework as part of its overall compliance efforts, obtaining new licenses in the U.S. and abroad.
