Bybit card users can now use Apple Pay to fund transactions

One of the world’s largest cryptocurrency exchanges now integrates Apple Pay into its platform.

Bybit has integrated Apple Pay into its platform in hopes of providing users with a safer, more secure and private way to purchase crypto through the Bybit app or website. Since security and privacy are very important to Bybit and Apple Pay users, this integration solves many security issues.

Joan Han, Director of Sales and Marketing at Bybit, said: “We are excited to offer Apple Pay to our customers as a payment option on the Bybit app or website and enhance their payment experience with unparalleled security and convenience. This integration will provide seamless, secure and innovative financial solutions to the global market.” “It represents a significant advancement in our commitment.”

This integration allows users to shop on their iPhone, iPad, and Mac. It streamlines the checkout process by eliminating the need to create an account or re-enter shipping and billing information.

The Bybit card provides automatic conversion of cryptocurrencies into fiat currencies for card payments and ATM withdrawals. It supports five cryptos, including Bitcoin (BTC) and Ethereum (ETH).

Apple payment

Apple Pay is known for its security and convenience. Every transaction made through Apple Pay is authenticated using a unique one-time dynamic security code in addition to Face ID, Touch ID, or device passcode, ensuring every purchase is secure. This initiative is designed to make the process of purchasing crypto more accessible and affordable for Bybit customers.

When using Apple Pay, a customer’s credit or debit card numbers are not stored on the device or on Apple’s servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in a chip designed to keep payment information securely stored on the device.

Currently, Bybit users will be able to purchase cryptocurrencies using more than 20 different fiat currencies without paying any transaction fees until July 1, 2024 at 10:00 UTC.