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OKCoin and Worldpay to Work Together for Exchange’s Global Expansion

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Jul 23, 2021

OKCoin, a famous cryptocurrency exchange has just made an announcement for its users. The exchange has announced that it has decided to collaborate with Worldpay, a merchant service provider in order for its future projects.

The exchange has announced that the major reason behind selecting Worldpay is the worldwide expansion of its services. According to Worldpay, it would be needing full support from the expertise of Worldpay to aid it in its global expansion.

According to OKCoin, it wants to bring cryptocurrencies to as many investors as possible. This is the reason why it has acquired the help and support of Worldpay in order to bring more audience to the crypto-to-crypto payments.

The exchange has revealed that it is very impressed with the foreign exchange services and facilities that Worldpay is known for providing all over the world. As OKCoin is after global expansion, it can benefit a lot from Worldpay’s expertise in the particular sector.

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According to OKCoin, it is going to avail the services provided by Worldpay in the foreign exchange sector and use it to facilitate its users. The technology and mechanisms used by Worldpay would provide OKCoin a lot of knowledge and support in bringing such services to their users.

OKCoin is aiming to allow its users to purchase cryptocurrencies using their debit cards and credit cards, and it would need support from Worldpay in order to take care of that.

The chief operating officer (COO) of OKCoin, Jason Lau also made a statement about partnering with Worldpay. As per him, the reason why they decided to side with Worldpay was because of the extensive amount of knowledge and experience that the firm has.

Worldpay has been working with a number of firms belonging to the cryptocurrency space. It has already worked with several cryptocurrency exchanges from all over the world. Therefore, it is already aware of what it needs to have from the exchanges as well as provide them in order facilitate them in the best possible way.

Lau went on to state that with the passage of time, they are expanding their business and reaching different jurisdictions. This would bring OKCoin in contact with more local currencies as well as more new markets that it plans to activate for users.

Keeping the above in mind, the exchange wants to open more payment channels for its users and help the users grow. Their aim is to provide the best services that users can get in the cryptocurrency industry. This would eventually help the entire cryptocurrency industry.

The Worldpay General Manager for the North American region, Jason Pavona, also talked about their experience dealing with cryptocurrency exchanges. Pavona stated that their firm has been dealing with cryptocurrencies for almost a decade. Throughout their time, they have gained tremendous experience and have a lot of knowledge on how to help them get through difficult situations.

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