Cryptocurrency payment provider Alchemy Pay established a strategic partnership with FIS-owned payment giant Worldpay to expand its payment channels and enhance payment capabilities, promoting seamless transactions between fiat and cryptocurrency worldwide.

Cryptocurrency payment solution provider Alchemy Pay has expanded its payment options in Europe and the UK, allowing users to quickly execute transfers and seamlessly access cryptocurrencies, available for users who have successfully completed KYC processes in 30 European countries and the UK.

Alchemy Pay has obtained a money transmission license in Iowa, in compliance with local state laws. The crypto-fiat payment gateway plans to expand extensively into the United States and is looking into acquiring permits in other countries like Hong Kong and the United Kingdom. Alchemy Pay believes that proper regulations are essential for the sustainable growth and development of the fiat-crypto payment industry. The company is valued at $400 million and offers various payment methods, including Mastercard, Visa, domestic transfers, and regional mobile wallets. It also recently joined the Stellar ecosystem as a new provider of on-ramp and off-ramp services.