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Market News

Worldpay From the FIS Forms New Partnership with OKCoin

OKCoin will leverage Worldpay’s global scale and foreign exchanges, enabling smooth credit and debit card payments for customers.

Written By Jahnu Jagtap
Published July 2, 2021 5:39 PM·Updated 11 months ago
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Worldpay From the FIS Forms New Partnership with OKCoin

According to the 21st July 2021 source, Worldpay has been selected by OKCoin to provide foreign exchanges to support its global expansion.

This exchange will leverage Worldpay’s global scale and foreign exchanges, enabling smooth credit and debit card payments for customers. The partnership with Worldpay will help OKCoin ideally expand into emerging markets with superior reporting systems, analytics, and fraud monitoring rates.

OKCoin is a global exchange that enables customers to easily transit between crypto and fiat currency and earn through DeFi. The trade was looking for a verified and accomplished partner to make card-to-crypto payments easier for clients worldwide.

“Worldpay has extensive experience with cryptocurrency exchanges with complexities of the world,” said Jason Pavona (General Manager, Worldpay Merchant Solutions). “Cryptocurrency exchanges have never been more accessible to consumers by enabling global card-to-crypto payments,” he said.

Our mission is to enable seamless transition between local and cryptocurrencies to grow globally,” said Jason Lau, OKCoin COO. “As we activate new markets and local currencies, it will help in overall growth of the cryptocurrency industry,” he said.

Also Read: FIS and Fireblocks to Bring Crypto Services to its Global Clients

FIS is a Fortune 500® company and is a member of Standard & Poor’s 500® Index. FIS is a leading provider of technology solutions for merchants, banks, and capital markets firms globally.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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