Vanar Chain, the pioneering Layer 1 blockchain, is proud to announce a strategic partnership with Worldpay, a global leader in payments technology, to drive innovation in Web3 payment solutions.
With Worldpay processing over $2.3 trillion annually across 146 countries, this collaboration represents a continuation of Worldpay’s efforts to integrate blockchain technology with mainstream financial systems.
Worldpay: A Payments and Web3 Pioneer
Worldpay processes more than 50 billion transactions annually and has firmly established itself as a key player in the Web3 ecosystem, already working with a number of the leading cryptocurrency exchanges and other ecosystem participants. The company processes a significant volume of card-to-crypto transactions, providing essential fiat infrastructure for users globally. By leveraging its deep expertise in digital payments, Worldpay is uniquely positioned to help bridge the gap between traditional financial services and emerging blockchain technologies.
Developing Next-Generation Financial Solutions
This partnership will include exploring cutting-edge Web3 financial products designed to enhance the speed, security, and transparency of transactions. The integration of Vanar's high-performance blockchain with Worldpay's extensive payment infrastructure will pave the way for new joint services that make blockchain more accessible to businesses and consumers worldwide, with exciting opportunities for new web3 payment gateways and stablecoin solutions.
A Shared Vision for Mainstream Adoption
Both Vanar and Worldpay share a vision of harnessing the potential of blockchain technology in financial services. By combining Vanar's scalable blockchain infrastructure with Worldpay's global reach and payments industry expertise, the partnership is set to deliver highly secure, user-friendly, and sustainable solutions that meet the needs of modern financial markets. As a trusted enterprise partner for Web3, AI, and cloud infrastructure, BCW Group will provide technical services for transaction validation, ecosystem growth, and use case creation within this partnership.
Leadership Insights
Jawad Ashraf, CEO of Vanar Chain, commented, “Partnering with Worldpay is a significant milestone in our journey to bring blockchain technology to the forefront of global payments. Their expertise in payment processing, combined with our innovative blockchain solutions, will enable us to create scalable, secure, and sustainable Web3 Payfi products.”
Ahmed Zifzaf, Head of Crypto Partners at Worldpay, added, “Our collaboration with Vanar allows us to expand our footprint in the crypto ecosystem and lead the next wave of innovation in payments. Together, we are excited to explore new payment solutions that could set a new standard for speed, security, and transparency in the global digital economy.”