- Rapidly growing cryptocurrency exchange will utilize Worldpay’s global acquiring and foreign exchange services to support continued global expansion.
- New partnership taps into Worldpay’s extensive experience working with crypto exchanges.
- Worldpay is an experienced card-to-crypto processor and works with leading global exchanges.
Financial technology leader Worldpay from FIS® (NYSE: FIS) has been selected by cryptocurrency platform OKCoin to provide global merchant acquiring and foreign exchange services to support its continued global expansion, currently spanning 190 countries.
OKCoin is a global exchange that enables customers to easily transition between crypto and fiat currency into bitcoin, ethereum and 25+ other cryptocurrencies, as well as earn yield via staking on DeFi protocols. The exchange was looking for a proven and experienced partner to make card-to-crypto payments easier for its global customers.
The exchange will leverage Worldpay’s global scale and foreign exchange services, enabling smooth credit and debit card payments for customers to purchase crypto. The partnership will help OKCoin seamlessly expand into new markets while providing superior reporting, analytics and fraud monitoring, with high authorization rates.
“Worldpay has extensive experience guiding cryptocurrency exchanges through the complexities of the global payment ecosystem,” said
“Our mission is to enable seamless transition between local currencies and cryptocurrencies to grow the ecosystem across the globe, and to provide intuitive products which enable our customers to participate in the crypto economy with none of the complexities,” said
FIS processes over
FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our employees are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in
Senior Vice President