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Market News

Bybit Enables Apple Pay Integration for Debit Cards

Apple's aim to improve financial services and rewards in its mobile wallet app this autumn.

Written By Jalpa Bhavsar Jalpa Bhavsar
Published June 26, 2024 12:20 AM·Updated 2 years ago
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Bybit Enables Apple Pay Integration for Debit Cards

Bybit CEO Ben Zhou revealed on Tuesday that the company’s debit cards are now Apple Pay compatible, boosting consumers’ payment options.

You can now add your bybit card to Apple Pay. pic.twitter.com/TuPf63YvgG

— Ben Zhou (@benbybit) June 25, 2024

This integration follows Bybit’s previous rollout on June 17, which allowed consumers to use Apple Pay for transactions within the Bybit app or website.

In April, Bybit introduced the Bybit Card, a real debit card issued by Mastercard that accepts transactions in one fiat currency and eight cryptocurrencies. This card allows users to make payments and withdraw cash easily.

The move is consistent with Apple’s aim to improve financial services and rewards in its mobile wallet app this autumn, as reported by the Associated Press in early June.

Bybit’s integration with Apple Pay is part of a larger drive by cryptocurrency exchanges to link with mainstream financial platforms, as Apple recently added support for Crypto.com’s Visa cards to the EU version of its app earlier this year.

Also Read: Bybit Announces Restock of BTC Wealth Management Fund

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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