Bybit Card Integrates Apple Pay for Crypto Purchases

Bybit Card integrates Apple Pay for convenient crypto purchases.

Bybit user excited by the apple announcement.
Created by Kornelija Poderskytฤ— from DailyCoin
  • Bybit card has announced a new integration.
  • The integration will allow users to purchase crypto using over 20 fiat currencies.
  • Transactions via the integration will attract zero fees for a limited time.

Bybit Card announced on Monday that Apple Pay is now available as a secure and convenient way to check out when purchasing crypto through the Bybit app or website.

Launched in March 2023, Bybit Card features a multi-asset spending function that automatically converts cryptocurrencies into fiat currency for card payments and ATM withdrawals. The card supports five cryptos, including Bitcoin, Ethereum, and USDT.

Apple Pay on Bybit Card

According to a press release dated June 17, Bybit customers can now use Apple Pay on iPhone, iPad, and Mac for convenient crypto purchases in apps or on the Web in Safari without having to create accounts or repeatedly fill in their personal information.

Sponsored

The integration allows users to buy digital assets using over 20 fiat currencies and with zero transaction fees from today until July 1 at 10 AM UTC.

โ€œWe are thrilled to offer Apple Pay to our customers as a checkout option in the Bybit app or website,โ€ Joan Han, Sales and Marketing Director at Bybit, said. "This integration represents a significant leap forward in our commitment to providing seamless, secure, and innovative financial solutions to the global market."

Per the statement, crypto purchases via Apple Pay as the checkout option are secure because all transactions are authenticated Face ID, Touch ID, or device passcode, and a one-time unique dynamic security code.

Additionally, Apple Pay doesnโ€™t store user credit and debit card numbers on Apple devices or servers.

Instead, users are assigned a unique Device Account Number, which is encrypted and stored in the Secure Element, an industry-standard, certified chip for safely storing payment information.

Stay updated on Bybit welcoming Chinese users:
Bybit Welcomes Chinese Users, Sparking Hopes for Ban U-Turn

Read how Bybitโ€™s Ben Zhou recently quelled insolvency rumors:
Bybitโ€™s Ben Zhou Quells Rumors of an Insolvent Exchange

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Brian Danga

Brian Danga is a crypto reporter at DailyCoin covering breaking news. Brian has minor holdings in Bitcoin and Ethereum.

Read more