Auzzi Shopping

Men's Weekly

.

Welcome to the Future: Bybit Partners with Mastercard to Offer Crypto Payments Debit Card

  • Written by Auzzi Shopping

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 6 March 2023 - Bybit, the world's third most visited crypto exchange, is proud to announce the launch of Bybit Card, a debit card powered by the Mastercard network, issued by Moorwand.

This card will allow users to off-ramp crypto into the fiat world to make purchases or take out cash from ATMs with ease.

Bybit Card will enable users to skip intermediaries and other off-ramp providers and debit their crypto balances directly to pay for goods and services. It will be available for clients in eligible countries in Europe and the UK who have completed the necessary KYC and AML procedures.

Initially, Bybit Card will be available for a selection of blue-chip cryptocurrencies, namely, BTC, ETH, USDT, USDC, and XRP. Payment requests will automatically convert balances in these digital assets into EUR or GBP, depending on the client's country of residence.

Bybit launched its free virtual card today allowing for online purchases, with a physical card planned to launch in April. The plastic cards will be mailed directly to clients and allow them access to ATM withdrawals as well as spending at merchants worldwide with spending limits aggregated across currencies held in their Bybit account.

"Bybit users will be able to access and manage their funds faster, more securely, and more conveniently," said Ben Zhou, co-founder and CEO of Bybit. "By launching Bybit Card, we are creating a full 360-degree journey for our users, offering next level reliability, products, and opportunities. We are confident that these innovative payment solutions will improve people's lives and are a step towards a brighter future for crypto and finance."

Christian Rau, Senior Vice President, Fintech and Crypto, Mastercard Europe added "Mastercard enables customers, merchants and businesses to move digital value — traditional or crypto — however they want, with the confidence that they are doing so safely and securely. With launches like this, we're excited to continue to innovate in payments by making digital assets more accessible across the ecosystem."

Further information and resources

Hashtag: #Bybit #NextLevelPartnerships

The issuer is solely responsible for the content of this announcement.

About Bybit

Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One's reigning Constructors' and Drivers' champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports, and association football (soccer) team Borussia Dortmund.

For more information please visit:

For updates, please follow:










Today's Features at Auzzi

Why Hiring a Professional WooCommerce Website Designer Matters

With the boom in online shopping, having a solid eCommerce presence is more important than ever. But here’s the catch: launching a store that looks professional, runs smoothly, and drive...

How Proper Water Treatment Can Save Your Business Money

Image by freepik Investing in proper water treatment isn’t just a matter of health and safety—it’s a smart financial decision for businesses. Whether you operate in manufacturing, ho...

Is That Noise a Hot Water System Death Rattle? How to Foresee Your System's Death

There's nothing quite like stepping into a nice hot shower...that is, until you hear that awful rumble or clunking sound! This is what plumbers unaffectionately refer to as the “hot wate...

Exploring the Surge in Lip Volumising Treatments Across Australia

There’s a good reason lip volumising treatments have surged in popularity across Australia. Whether you’re just curious or already considering treatment, there’s no denying that lip ...

Four Key Benefits of Telehealth in Australia

Telehealth has become a cornerstone in the Australian health sector over the past few years. It helps to deliver high-quality care but in a smarter way by bridging the gap between medical...

Is It Safe to Buy a Refurbished Phone?

A "cheap phone" sounds great until you wonder if it’ll last a month. So, are refurbished phones safe, or just a gamble? Let’s cut through the hype: yes, some cheap phones are poorly r...

Aerial Perspectives: Showcasing Sustainable Home Designs in Sydney Real Estate

Key Highlights Aerial photography is transforming the way sustainable home designs are showcased in the Sydney real estate market. Drone footage allows audiences to explore eco-friendl...