Latest news with #BybitPay
Business Insider
5 days ago
- Business
- Business Insider
Bybit partners with Manteca to scale its offering in Argentina and Brazil
Dubai, UAE, July 18th, 2025, Chainwire With the regional startup's technology, the crypto giant doubles down on Latin America and launches QR and PIX payments through Bybit Pay Bybit, the world's second-largest cryptocurrency exchange by trading volume, and Manteca, a leading financial infrastructure platform for Latin America, announced the launch of a new instant payments service in Argentina and Brazil. The solution will allow Bybit users to make payments via interoperable QR codes in Argentina, enabled by the Central Bank of Argentina's Transferencias 3.0 system, and through PIX in Brazil, using technology provided by Manteca. Thanks to this integration, Bybit Pay users will be able to pay at any store that accepts QR in Argentina or PIX in Brazil, seamlessly using their crypto balance. The conversion to local currency is automatic and happens in real time, enabling fast payments without intermediaries or manual withdrawals. Additionally, Argentina becomes the second market in the world, following the success in Brazil, to offer Bybit's full product suite, including both its card and integrated local payments. Patricio Mesri, Country Manager for Spanish-speaking Latin America at Bybit, said: 'This launch is a direct response to our users' need to use crypto practically in their daily lives. Thanks to this integration with Manteca's infrastructure, we can now offer a much more complete experience: not just investing or saving in crypto, but also paying in real life quickly, simply and securely. It's a key step in building crypto services that are useful, accessible, and tailored to the local market.' Federico Goldberg, CEO of Manteca, added: 'The fact that a company like Bybit chose us for this integration is clear proof that we can build world-class technology in the region. At Manteca, we're building the infrastructure that simplifies crypto payments, and what we're doing with Bybit shows how we can bring that technology to real-world scale, directly impacting thousands of users.' The new service is now available to all Bybit users in Argentina and Brazil and marks a new step toward real integration between the crypto ecosystem and traditional payment systems in the region. #Bybit / #TheCryptoArk / #LATAM About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Contact Bybit
Cision Canada
13-06-2025
- Business
- Cision Canada
Bybit Pay Bridges Web3 and Retail Payment in Southeast Asia
DUBAI, UAE, June 13, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is excited to announce another advancement in the Web3-powered payment race with the introduction of Bybit Pay in Vietnam and the Philippines. Starting this June, local users and global Bybit Pay users visiting the popular Southeast Asian destinations can pay, send, and receive with 16 major cryptocurrencies across retail endpoints and between users. Localizing Web3 Payment: Scan to Pay Integrating AEON, Bybit Pay enables QR code payments through official channels in Vietnam and the Philippines, where AEON Pay is accepted by over 90% of local merchants in urban areas. In the Philippines, Bybit Pay supports the QR Ph national standard and the official framework, VietQR in Vietnam, both state-approved and compliant with industry safety standards. The latest addition marks the beginning of Bybit Pay's foray into Asia on the back of Bybit's powerful infrastructure and partnership networks. Streamlining digital payments across currency types, Bybit Pay processes instant payments and settlements through multiple channels, offering users a seamless front-end experience. How it Works Users scan merchant QR codes with the Bybit Pay app Bybit Pay generates a unique payment QR code for user approval Merchant to scan the approved payment code—transaction completed Southeast Asia is home to over 600 million people—a quarter of whom are tech-savvy Gen Z, with thriving digital payments markets. In 2024, 40% of merchants in the Philippines saw contactless payments as a preferred method, while 36% of merchants in Vietnam noted growing adoption of mobile wallets among customers. To celebrate the launch, from now until June 30, 2025, eligible users who spend 5 USD with Bybit Pay with VietQR and QR PH will enjoy cashback in BTC airdrop. Restrictions apply: Bybit Pay currently serves global users who have successfully completed Identity Verification on Bybit. Users from Service Restricted Countries or local Bybit entities are not currently supported. For the latest updates and detailed terms and conditions, users may visit the Bybit Pay official page. #Bybit / #TheCryptoArk / #BybitPay About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at About AEON AEON is the next-generation crypto payment framework, built for AI to drive intelligent, automated payments across Web3 and simplify how crypto works in real life. With omni-chain support, AEON's AI Payments system allows intelligent agents to manage and automate transactions, payments, subscriptions, and remittances for users. With offerings like Web3 Mobile Payment that allows users to pay with crypto across 10,000 brands at 20+ million retail merchants in SEA, Africa and Latin America, Online Web3 Payment, Swap Pay, and a growing suite of AI-integrated payment services, AEON aims to create a future of crypto finance that's intelligent, scalable, and borderless, where AI meets real life through seamless, scalable payments for next billion of users.
Cision Canada
11-06-2025
- Business
- Cision Canada
Bybit Fast Tracks Payment and Spending Rewards with Unified Program for Bybit Pay and Bybit Card
DUBAI, UAE, June 11, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is pleased to launch a new and unified rewards system combining user spending across Bybit Pay and Bybit Card, delivering faster tier upgrades, higher cashback payoff, and instant benefit activation. Brand new on Bybit Pay and an upgrade on Bybit Card, the new rewards program offers one rewards track and two ways to spend. Users may switch between Bybit Pay and Bybit Card based on preferences, take advantage of the latest promotions on respective platforms, and put their rewards ambition on the fast track. The upgrade stems from customer insights into customers' spending styles of both products: traditionally categorized by VIP level, user rewards are now based on spending volume across product lines to better reflect individual usage and maximize cashback potential. In addition to maximum flexibility and enhanced benefits potential, the mechanism elevates rewards experience in every possible way: Centralized Rewards Program: Every transaction counts, no matter the platform. Users now earn rewards from both Bybit Card purchases and Pay transactions in one consolidated system, maximizing earning potential across all eligible spending activities. New User Offer: To mark the new rewards combo, the first 10,000 eligible Bybit Card users will receive a special welcome bonus of $5 worth of BTC for their first $10 transaction, and Bybit Pay users stand to earn 50% cashback on their first transaction from Bybit Pay Marketplace partner stores. Instant Tier Upgrades: Gone are the month-long waits for tier advancement, no more marking the next statement date. Users who reach spending thresholds are automatically upgraded to the next tier by the next business day after transaction confirmation, which means they may climb up the tier ladder faster, thereby availing them to higher cashback rates sooner until the end of the next calendar month. Bybit Pay currently serves global users who have successfully completed Identity Verification on Bybit. Users from Service Restricted Countries or local Bybit entities are not currently supported. For the latest updates and detailed terms and conditions, users may visit the Bybit Pay official page. #Bybit / #TheCryptoArk / #BybitPay / #BybitCard About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at
Cision Canada
13-05-2025
- Business
- Cision Canada
Bybit Pay Goes Global: Seamless Crypto Payments Now Available in 15 Major Cryptocurrencies
DUBAI, UAE, May 13, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced the next phase of crypto innovation with the global launch of Bybit Pay. The ground-breaking crypto payment solution which debuted in Brazil is now available for all eligible global users of Bybit. Bybit Pay Global: Joining the Crypto Payment Revolution Initially launched in January 2025, Bybit Pay debuted in Brazil and recently presented itself at Web Summit Rio, where thousands of attendees got their hands on the instant payment solution at the Bybit booth. Starting now, over 70 million Bybit international users may live up their crypto lifestyle on the go with Bybit Pay. The expansion is a step forward in financial inclusion for Bybit's global community, removing the need for costly legacy intermediaries and physical cards—all one needs is a compatible mobile device. In a few days since its global launch, Bybit Pay recorded over 40,000 transactions. The digital payment gateway enables users to make payments across a global network of merchants online and offline. It currently supports 15 mainstream cryptocurrencies including USDT, USDC, BTC, ETH, XRP, MNT, BNB, TON, and more. Bybit Pay has also released new features, Send and Receive: Bybit Pay Send allows users to transfer digital assets to business or individual payees in an instant using just the recipient's email addresses, phone numbers, or Bybit User IDs in-app and on the Bybit website. Bybit Pay Receive enables users to get paid with a unique personal QR code tailored for their personal preferences of desired amounts or currencies. The Bybit Pay platform integrates wallet management functionalities for both fiat and crypto. Built with blockchain-backed security, Bybit Pay ensures tamper-proof transactions through on-chain encryption, optimizing security and user privacy. Leveraging the instant finality of cryptocurrencies, Bybit Pay offers a seamless and secure on and off-ramp experience for senders and receivers of digital assets. Bybit Send & Earn: 100,000 USDT in Prizes From now until May 30, eligible users may register for Bybit Send & Earn to share in a total prize pool of 100,000 USDT. "Bybit is proud to play a role in advancing payment innovation with the global launch of Bybit Pay. It provides our users with an ultra user-friendly solution for their daily crypto spending and transaction needs, while Bybit gets to serve the broader community and bring more payment freedom and convenience to the underbanked," said Krista Chan, Head of Marketing, Payment Business Unit at Bybit. Bybit Pay currently serves global users who have successfully completed Identity Verification on Bybit. Users from Service Restricted Countries or local Bybit entities are not currently supported. For the latest updates and detailed terms and conditions, users may refer to the Bybit Pay official page. #Bybit #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at
Cision Canada
09-05-2025
- Business
- Cision Canada
Bybit Surpasses 70 Million Users, Reinforces Commitment to Transparency and Institutional Growth
DUBAI, UAE, May 9, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, today announced it has surpassed 70 million registered users, a milestone that highlights the platform's sustained global growth and deepening trust among both retail and institutional clients. This achievement underscores Bybit's robust market presence and its steadfast commitment to security, compliance, and product innovation. "Reaching 70 million users is more than a number—it's a testament to the trust our global community places in us," said Ben Zhou, co-founder and CEO of Bybit."We are doubling down on compliance, institutional-grade infrastructure, and user-centric innovation to ensure everyone—from first-time traders to global institutions—can access the future of finance with confidence." Strengthening Global Compliance and Regulatory Engagement Bybit continues to expand its global compliance framework, working closely with regulators around the world. Most recently, Bybit held strategic discussions with Vietnam's Ministry of Finance, contributing to the country's regulatory sandbox initiative by sharing expertise in KYC, AML, and international best practices. Bybit has also made key progress in major jurisdictions, including the United Arab Emirates, further demonstrating its commitment to regulatory alignment and operational transparency. Accelerating Institutional Growth Bybit is seeing rapid growth among institutional clients, driven by high-performance trading infrastructure, advanced risk controls, and strategic partnerships. The integration with Zodia Custody—a leading provider of institutional-grade custody and off-venue settlement solutions—reflects Bybit's ongoing efforts to meet the needs of sophisticated investors with robust, compliant offerings. Pioneering Web3 Integration and Real-World Utility Bybit continues to lead in practical Web3 innovation. The Bybit Card, now used by nearly 2 million people, enables everyday crypto spending, while Bybit Pay streamlines on-chain and off-chain transactions for both users and merchants. In line with its user-first philosophy, Bybit is also leveraging artificial intelligence to enhance trading, research, and support services. CryptoLens, an in-house AI analytics tool, offers users deep insights into token fundamentals, community activity, social trends, and tokenomics—even for projects not listed on the platform. TradeGPT, an AI agent trained on Bybit's proprietary data, delivers rapid price action summaries and technical analysis, helping traders make smarter decisions. Complementing these innovations, an AI Support Agent enhances customer service by improving response efficiency and user experience across the platform. Bridging Traditional Finance and the Future of Digital Assets Bybit remains committed to its role as #TheCryptoArk—a safe, trusted bridge from traditional finance into the world of Web3. Through intuitive products, regulatory collaboration, and cutting-edge technology, Bybit empowers users of all levels to navigate and thrive in the digital asset ecosystem. "We're building the infrastructure for the next era of finance," Ben added. "By championing regulation, professionalism, and a relentless user-first approach, we're shaping a safer, more inclusive, and more empowering financial future for all." #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at
