Cryptocurrency exchange OKCoin has selected merchant service provider Worldpay to aid in its expansion efforts, which includes bringing crypto-to-crypto payments to a global audience.
OKCoin will leverage Worldpay’s foreign exchange services, allowing customers to purchase cryptocurrency with credit and debit cards. Jason Lau, OKCoin’s COO, said his firm selected Worldpay for its extensive experience working with cryptocurrency exchanges. He further explained:
“As we activate new markets and local currencies, opening up new channels of payments will play a key part in our growth, as well as the overall cryptocurrency industry.”
Jason Pavona, the general manager for North America at Worldpay Merchant Solutions, described his company’s experience working with crypto exchanges:
“For the past eight years, we have worked with some of the world’s biggest crypto exchanges, building solutions to open up card payments and payouts to consumers using crypto exchanges.”
Pavona also indicated that “interest in [cryptocurrencies] has never been