Cube the Velveeta cheese into small pieces.
This helps it melt evenly and quickly when heated.
In a medium saucepan, combine the cheese, chili, and milk over low heat.
Stir frequently to ensure the mix doesn’t stick to the bottom.
Add paprika, cayenne pepper, and salsa to the mixture.
Stir to incorporate the spices and add a kick to the dip.
Continue to stir for about 5-7 minutes until the mixture becomes smooth and slightly bubbly.
Avoid boiling to prevent the dip from separating.
Serve immediately while hot.
Ideal as a dip for tortilla chips or over nachos.