Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has officially launched Bybit Pay, a cutting-edge payment platform designed to seamlessly integrate traditional finance (TradFi) with cryptocurrency. The announcement marks a significant step forward in advancing global financial inclusion and innovation.
Bybit Pay offers a unified solution for processing both fiat and cryptocurrency payments, making it accessible via websites, mobile apps, and point-of-sale (PoS) systems. This functionality allows businesses to provide faster, more secure, and cost-efficient payment options for online purchases, in-store transactions, and cross-border payments.
Joan Han, Bybit’s Sales and Marketing Director, emphasized the platform’s potential to redefine financial transactions:
“Bybit Pay is more than a payment tool—it’s a gateway for businesses to embrace the digital future with efficiency, accessibility, and innovation.”
Bybit’s growing ecosystem, which now boasts over 60 million users globally, invites businesses, payment providers, and service platforms to collaborate in areas like e-commerce, finance, and digital assets.
For merchants, Bybit Pay promises increased revenue and reduced operational costs, while customers benefit from faster payments and the flexibility to choose between fiat and cryptocurrency.
Bybit Pay aims to strengthen the connection between TradFi and decentralized finance (DeFi), ensuring businesses and consumers are prepared for the evolving digital economy.
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