Bybit launched Bybit Card, a physical debit card issued by Mastercard, in April.
Bybit debit cards can now be added to Apple Pay, the exchange’s CEO Ben Zhou said Tuesday in a post on X.
The payment option enables users to make payments and withdraw cash using 1 fiat currency and eight crypto assets, according to Bybit's website. The integration comes amid the tech giant's broader plans to beef up financing and reward services to its mobile wallet application this fall, the Associated Press reported in early June.
To be sure, Bybit is not the only exchange to make inroads with Apple Pay in 2024. Earlier this year, Apple added support for Crypto.com's Visa cards to the EU version of its application.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures.
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