Paysafe has partnered with Alchemy Pay to enhance global crypto payments. This integration enables users in 130 countries to buy cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) using over 40 fiat currencies.
The partnership aims to boost Alchemy Pay’s services for crypto exchanges, Web3 companies, and other crypto businesses by using Paysafe’s payment products. Initially, Alchemy Pay has integrated Paysafe’s Skrill and NETELLER digital wallets along with various local payment methods into its Fiat On-ramp solution.
Paysafe’s open banking solution in the U.K. and 15 European countries supports direct bank account payments for crypto purchases. This significantly broadens Alchemy Pay’s payment options, reducing transaction friction and minimizing abandoned transactions. The collaboration will expand further later this year with more Paysafe payment options in other regions.
This strategic alliance enhances global crypto transaction efficiency and accessibility, underlining Paysafe and Alchemy Pay’s commitment to advancing the crypto payment ecosystem.