Mastercard Partners with Alchemy Pay to Foster Blockchain-Based Payment Solutions

Mastercard has launched the Crypto Partner Program, a global initiative aimed at aligning on-chain innovation with established card-payment rails. The program brings together more than 85 crypto-native companies, payments providers, and financial institutions to create scalable, compliant use cases.

Alchemy Pay, a Singapore-based fiat-to-crypto payment gateway, has been admitted to the Mastercard Crypto Partner Program. The company's inclusion deepens its existing relationship with Mastercard and positions Alchemy Pay for institutional growth. Its product suite includes on-ramp and off-ramp solutions, an NFT checkout feature, and a white-label crypto card program that operates on both Visa and Mastercard networks.

The Crypto Partner Program builds on Mastercard's earlier blockchain engagement through its Start Path accelerator and Engage platform. The focus is on translating technical innovation into practical use cases that can operate across markets and integrate into everyday commerce.