Bybit users can simply select their preferred cryptocurrency and payment currency and choose Apple Pay as their payment method at checkout.
With Apple Pay incorporated into its network, Bybit intends to give users a more private, safe, and secure option to buy cryptocurrency through the Bybit website or app. Users of Bybit and Apple Pay place a high value on security and privacy; thus, this integration allays a lot of security worries.
Joan Han, Sales and Marketing Director at Bybit, said:
“We are thrilled to offer Apple Pay to our customers as a checkout option in the Bybit app or website, enhancing their payment experience with unmatched security and convenience. This integration represents a significant leap forward in our commitment to providing seamless, secure, and innovative financial solutions to the global market.”
Thanks to this integration, customers can use their iPhone, iPad, and Mac to make purchases. Eliminating the need to create accounts or frequently enter shipping and billing information simplifies checkout.
For card payments and ATM withdrawals, bitcoins can be automatically converted into fiat using the Bybit card. Five cryptocurrencies are supported, including Ethereum (ETH) and Bitcoin (BTC).
Apple Pay
The security and ease of use of Apple Pay are well-known. Every purchase made with Apple Pay is guaranteed to be secure since each transaction is verified by Face ID, Touch ID, or a device passcode in addition to a one-time, dynamic security code.
This project aims to lower the cost and increase the accessibility of cryptocurrency purchasing for Bybit users. Credit or debit card numbers are not kept on the device or on Apple’s servers when a client uses Apple Pay.
Rather, a distinct Device Account Number is allocated, encrypted, and safely kept in a chip that is intended to keep payment details on the device. Up to July 1, 2024, at 10 AM UTC, Bybit users can purchase cryptocurrencies using more than 20 different fiat currencies without paying any transaction fees.
