Financial news

Dubai-based crypto exchange Bybit has successfully integrated Google Pay into its card service, enabling users in the European Economic Area (EEA) to spend their assets more easily and securely. 

Google Pay integration marks a major enhancement to the Bybit card experience, enabling users to manage their finances and payments more easily. Effective immediately, Bybit cardholders can link their cards to Google Pay, empowering them to conduct secure, fast, and hassle-free transactions online, in-app, as well as in physical stores wherever Google Pay is accepted.

Bybit cardholders can now also link their existing cards to Google Pay for quick access to their assets. Google Pay’s advanced security features provide an additional layer of protection for Bybit Card transactions, giving users peace of mind.

Bybit explained that it remains committed to delivering innovative solutions that empower individuals to harness the full potential of cryptocurrencies in their everyday lives. The integration of Google Pay exemplifies Bybit’s dedication to enhancing user experience and expanding the utility of its products.

The news comes just days after Bybit hit $71.5billion in trading volume, just seven per cent under the exchange’s record $77billion daily trading volume, set during the 2021 crypto bull run.

Ben Zhou, CEO of Bybit, also commented on the achievement: “We at the Crypto Ark are on a mission to make this new asset class as widely available as possible through our intuitive platform.

“Now, we’re seeing large inflows and smart money is moving fast. With the Bitcoin halving just around the corner, Bitcoin is proving itself as an institutional asset, a hedge against economic uncertainty, and a vote for financial freedom.”