Paysafe, a global leader in payment processing, has announced a new partnership with Alchemy Pay, a prominent provider of fiat-crypto payment solutions. This partnership is designed to broaden Alchemy Pay's services to include crypto exchanges, Web3 companies, and other crypto-focused businesses by incorporating Paysafe's payment services. Alchemy Pay has integrated Paysafe's Skrill and NETELLER digital wallets into its Fiat On-ramp solution during the initial phase of the partnership.
This integration enables users in 130 countries to acquire cryptocurrencies, including Bitcoin and Ethereum, using more than 40 fiat currencies. Furthermore, the collaboration encompasses a variety of third-party local payment methods (LPMs), which enhances the accessibility and simplicity of transactions for users worldwide.
"At Alchemy Pay, we believe easy fiat-crypto onboarding is key to unlocking the true potential of crypto,” said Robert McCracken, Ecosystem Lead at Alchemy Pay. It is anticipated that the user experience will be improved in Europe, where the integration of Paysafe's services into Alchemy Pay's platform will include LPMs with high brand recognition. Paysafe, which is renowned for its extensive experience in servicing global merchants and consumers, is fortifying its position in the payments industry by utilizing this strategic partnership to facilitate seamless transactions between fiat and cryptocurrency ecosystems.
