Main Points:
- Paysafe partners with Alchemy Pay for fiat-crypto payment solutions.
- Users in 130 countries can buy Bitcoin and Ethereum with over 40 fiat currencies.
- Alchemy Pay integrates Paysafe’s payment products for crypto businesses.
- Expansion details include more payment options and reduced transaction friction.
- Second phase of partnership to introduce more Paysafe payment options globally.
Strategic Partnership with Alchemy Pay
Paysafe has recently announced a strategic collaboration with Alchemy Pay, a leading provider of fiat-crypto payment solutions. This partnership allows users in over 130 countries to seamlessly purchase cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) using a wide range of fiat currencies.
Enhancing Payment Solutions for Crypto Businesses
The integration of Paysafe’s Skrill and NETELLER digital wallets, alongside various local payment methods, into Alchemy Pay’s Fiat On-ramp solution marks the initial phase of this partnership. The goal is to provide a comprehensive payment experience for crypto exchanges, Web3 companies, and other businesses in the crypto space, leveraging the global reach and user base of these payment solutions.
Expanding Payment Options and User Experience
By integrating highly recognized local payment methods with Skrill and NETELLER’s global presence, Alchemy Pay aims to minimize abandoned transactions and enhance the overall payment experience for its partners and customers. Micah Kershner, SVP of Crypto & Digital Assets at Paysafe, emphasized the popularity of Skrill and NETELLER among crypto holders and the additional payment options they bring to Alchemy Pay’s Fiat On-ramp solution.
Future Plans for Global Expansion
In the upcoming second phase of the partnership, Alchemy Pay is set to introduce more Paysafe payment options in various regions worldwide, further expanding the accessibility and flexibility of crypto payments for users across the globe.
