logo
Bybit Card Marks 2nd Anniversary with 1.5 Million Cards Issued, Revolutionizing User Experience and Accelerating Global Footprint

Bybit Card Marks 2nd Anniversary with 1.5 Million Cards Issued, Revolutionizing User Experience and Accelerating Global Footprint

Mid East Info17-03-2025

DUBAI, United Arab Emirates— Bybit, the world's second-largest cryptocurrency exchange by trading volume, recently celebrated the second anniversary of the Bybit Card, a digital native solution for the borderless crypto community, at an event at Bybit's Dubai headquarters on Mar. 7. Since its launch in Sep. 2023, the Bybit Card has rapidly become one of the fastest-growing cryptocurrency payment solutions worldwide, with over 1.5 million cards issued globally.
During the event, Bybit announced new product innovations, market expansion plans, and user experience upgrades including: The upcoming launch of a customizable, limited-edition Premium Metal Card for selected users in the first half of 2025.
All cardholders can now benefit from an enhanced user experience, including an improved rewards program, stronger fraud protection, a redesigned intuitive dashboard, wearables connectivity, and complimentary family cards.
The planned enhancements cater to the diverse needs of digital asset holders and their loved ones, further cementing Bybit's commitment to delivering superior financial products fit for the future of economy.
'The issuance of 1.5 million Bybit Cards in just two years highlights the rapid adoption and growing demand for cryptocurrency financial solutions. We are proud to reach this milestone alongside Mastercard, our long-term partner, and to leverage their robust global network as we expand into new markets. As we continue to lead the next generation of fintech, our focus remains on delivering seamless, secure, and cutting-edge solutions that enhance our users' financial flexibility and growth in an increasingly connected world,' said Helen Liu, Chief Operating Officer at Bybit.
Available in both physical and digital versions, the card allows users to minimize costly intermediaries and pay with crypto at any Mastercard-accepting merchant, offering a seamless, secure way to manage and spend cryptocurrency while benefiting from one of the highest cashback programs in the crypto industry.
Backed by Mastercard's global network, the card supports a range of leading cryptocurrencies, including BTC, ETH, USDT, USDC, and XRP. Users can pay using either crypto or fiat balances, with USD as the supported fiat currency. The card also supports a growing list of cryptocurrencies, including BTC, ETH, XRP, TON, USDT, USDC, MNT, and BNB, with additional options expected in the near future.
'The financial world is evolving, and cryptocurrencies are becoming an essential part of the global financial system. Our Mastercard Bybit crypto card program is a bridge between the world of digital assets and everyday payments, offering consumers more choice and the increased flexibility to transact confidently.We are very happy to celebrate such a remarkable milestone and look forward to working together in the future,' said Mete Guney, Executive Vice President, Market Development, Mastercard, Eastern Europe, Middle East and Africa.
Mete Guney (left), Executive VP, Market Development, Mastercard, Eastern Europe, Middle East and Africa, Joan Han (middle), Head of the Payment Business Unit at Bybit, and Oliver Silvey, Director, Head of Crypto & Digital Assets, Mastercard, at Bybit Card's second anniversary event on Mar. 7, 2025 in Dubai
To find out more about the Bybit Card and its multiple rewards tracks, including premium lounge access, Netflix subscription perks, exclusive 10% cashback for new users, and other seasonal benefits, users may visit the Bybit Card.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Suez Canal Bank, Mastercard send lucky cardholder to Venice Film Festival in exclusive ‘Spend & Win' campaign
Suez Canal Bank, Mastercard send lucky cardholder to Venice Film Festival in exclusive ‘Spend & Win' campaign

Daily News Egypt

time6 days ago

  • Daily News Egypt

Suez Canal Bank, Mastercard send lucky cardholder to Venice Film Festival in exclusive ‘Spend & Win' campaign

Suez Canal Bank, in partnership with Mastercard, has successfully concluded its 'Spend & Win' campaign, awarding one lucky winner and a guest an exclusive, all-expenses-paid trip to the 82nd Venice International Film Festival — one of the world's most prestigious cultural events. This unique reward highlights the shared commitment of both institutions to deliver exceptional, lifestyle-enhancing experiences to their valued clientele. Running from May 9 to June 9, 2025, the campaign was open to Suez Canal Bank Mastercard Platinum credit cardholders. To qualify, participants needed to make at least one transaction of EGP 10,000 or more during the campaign period, with a total minimum spend of EGP 50,000 per card. Eligible cardholders were automatically entered into a draw for the grand prize: an unforgettable Venice Film Festival experience. The campaign spotlighted the Mastercard Platinum credit card, positioning it not just as a financial tool, but as a gateway to premium experiences around the world. Mohamed Assem, Country Manager for Egypt, Iraq, and Lebanon at Mastercard, stated: 'For over 25 years, Mastercard has led the way in connecting people to their passions through our Priceless platform. This collaboration with Suez Canal Bank continues that tradition by offering cardholders access to one of the globe's most iconic cultural events. It's a testament to how Mastercard turns everyday spending into unforgettable memories.' Akef Elmaghraby, CEO and Managing Director of Suez Canal Bank, said: 'We are proud to reward our winner with a truly exceptional experience at the Venice International Film Festival. This initiative reflects our vision of providing more than just financial services — it's about elevating our customers' lifestyles through exclusive partnerships like this one with Mastercard.' Suez Canal Bank's Mastercard Platinum credit card offers a wealth of benefits that go far beyond banking. Cardholders enjoy access to over 1,200 VIP airport lounges worldwide, a comprehensive medical tourism concierge for travelers, and premium discounts across travel, shopping, and entertainment. In addition, clients receive complimentary Concierge services — acting as a personal assistant to help manage daily tasks, including travel arrangements, personal shopping, and even government paperwork. This campaign is a clear reflection of Suez Canal Bank and Mastercard's ongoing strategy to redefine banking through innovation, exclusivity, and meaningful customer experiences. By transforming routine spending into opportunities for global adventures, the partnership continues to set a high bar in customer engagement and satisfaction.

ila Bank partners with Mastercard to launch innovative solutions and expand into new markets - Middle East Business News and Information
ila Bank partners with Mastercard to launch innovative solutions and expand into new markets - Middle East Business News and Information

Mid East Info

time28-05-2025

  • Mid East Info

ila Bank partners with Mastercard to launch innovative solutions and expand into new markets - Middle East Business News and Information

MANAMA, Bahrain: ila Bank, powered by Bank ABC, has partnered with Mastercard to enhance the bank's proposition across consumer products, launching new affluent, travel products and loyalty offerings. ila Bank will leverage Mastercard's expertise to introduce loyalty program that supports cardholders' lifestyle, providing added value across a wide range of areas, including dining, luxury shopping, travel and priceless experiences. The new product line will also leverage enhanced fraud solutions and privacy protection to secure every transaction. Mohamed Almaraj, ila Bank CEO, said, 'ila has always been about the customer. We are proud to have maintained our commitment to offering customer-centric solutions and experiences in a growingly cashless economy, and this strategic agreement furthers the ila promise of 'banking that reflects you'. Renewing our engagement with Mastercard will strengthen our standing as the frontrunner in the region's digital payments landscape by offering the most seamless, secure and future-focused product portfolio that provides unparalleled premium benefits.' Adam Jones, Mastercard's Division President for West Arabia, said, 'In line with our shared commitment to driving innovation across the digital ecosystem, our long-standing relationship with ila Bank focuses on delivering customer-first solutions that help ensure a secure and rewarding banking experience. We will continue to provide our partners with enhanced product offering, supporting regional expansion.' Mastercard has been a trusted partner of ila Bank from the outset, supporting the bank's strategy Together, they have introduced several innovative propositions to the market, including the multi-currency debit program, the Pay with Rewards loyalty program and the Mastercard airline co-brand with Gulf Air in Bahrain. Since its establishment in 2019, ila Bank has been dedicated to addressing the dynamic needs and lifestyles of its customers with bespoke banking solutions. The digital, mobile-only bank, well-received both domestically and regionally, currently offers a range of card products, including debit, credit and prepaid cards, that provide unparalleled bonus advantages and a personalized loyalty reward system. Other innovative products accessible through the award-winning ila app include smart digital saving tools, like Hassala and Jamiya, as well as Al Kanz, ila's prize account that awards substantial cash prizes to lucky customers throughout the year.

Fortune Announces Acclaimed Female Leaders at the Most Powerful Women International Summit in Riyadh - Middle East Business News and Information
Fortune Announces Acclaimed Female Leaders at the Most Powerful Women International Summit in Riyadh - Middle East Business News and Information

Mid East Info

time12-05-2025

  • Mid East Info

Fortune Announces Acclaimed Female Leaders at the Most Powerful Women International Summit in Riyadh - Middle East Business News and Information

The Rt. Hon. Baroness Theresa May, Prime Minister of the United Kingdom (2016-2019) More than 40 speakers, including top executives from FedEx, Goldman Sachs, Mastercard, Marriott International, and others Speakers and delegates will represent 35 countries NEW YORK, May, 2025 — Fortune announced today a slate of confirmed speakers and special guests for its Fortune Most Powerful Women International Summit in Riyadh, Saudi Arabia, Fortune's first international summit in the region, convening on May 20-21, 2025. Prominent public sector leaders will take the stage at The St. Regis Riyadh – including Ambassador Haifa Al Jedea, Permanent Representative of the Kingdom of Saudi Arabia to the European Union; H.E. Yuriko Koike, Governor of Tokyo, Japan; The Hon. Neema Lugangira, Member of Parliament from Tanzania; and Silvana Koch-Mehrin, President and Founder, Women Political Leaders (WPL) – to explore how women in public service are reshaping leadership, rebuilding public trust, and driving inclusive policy on a global scale. The Rt. Hon. Baroness Theresa May, who served as Prime Minister of the United Kingdom from 2016 to 2019, will conclude Day 2 with a candid take on fractured trade ties, the erosion of multilateralism, and the race toward a greener economy. Moderated by Ellie Austin, Editorial Director of Fortune Most Powerful Women, May will share insights on navigating globalization, seizing opportunities in the energy transition, and the need for bold and creative leadership in a volatile world. Leaders from some of the world's most influential Fortune 500 and Global 500 companies will join the Summit to explore innovation within their respective industries, global markets, and more. They include: Olfat Berro, Area Head, Middle East, Roche Pharmaceuticals Julie Brill, Corporate Vice President, Global Technology and Regulatory Policy, Microsoft Amel Chadli, President, Gulf Cluster, Schneider Electric Leah Cotterill, Chief Executive Officer, Middle East and Africa (Outside KSA), Cigna Healthcare Jena Ladhani, Chief Executive Officer, Global Workplace Solutions, KSA, CBRE Lisa McGeough, President, CEO, and Head of Banking, HSBC U.S. Harmeen Mehta, Chief Digital and Innovation Officer, Equinix Sharmin Mossavar-Rahmani, Head, Investment Strategy Group; Chief Investment Officer of Wealth Management, Goldman Sachs Peggy Roe, Executive Vice President and Chief Customer Officer, Marriott International Shamina Singh, Founder and President, Mastercard Center for Inclusive Growth and EVP of Sustainability, Mastercard Julie Sweet, Chief Executive Officer, Accenture Shazia Syed, General Manager, Personal Care Business Group, Unilever Arabia (GCC), Turkey, Pakistan, and Bangladesh, and Head of Unilever Arabia Kami Viswanathan, President, Middle East, Indian Subcontinent, and Africa, FedEx Additional speakers include: H.R.H. Princess Dr. Haya Bint Khaled Bin Bandar Al Saud, Senior Vice President of Research, Hevolution Foundation H.H. Princess Noura Bint Faisal Al Saud, Chief Executive Officer, Culture House H.E. Deemah Al Yahya, Secretary-General, Digital Cooperation Organization Jomana Alrashid, Chief Executive Officer, Saudi Research and Media Group (SRMG) Reine Abbas, Founder and CEO, Wixel Studios and SPICATech Zam Zam Al Hammadi, Fighter, Professional Fighters League (PFL) Hattan AlSaif, Fighter, Professional Fighters League (PFL) Teresa Carlson, President, General Catalyst Institute Emily Chiu, Chief Executive Officer, Novo Serene Farah, Vice President, Growth and Strategy, Pure Harvest Smart Farms Shahad Geoffrey, Cofounder and CEO, TAFFI Noosheen Hashemi, Cofounder and CEO, January AI Leila Hoteit, Managing Director & Senior Partner, Boston Consulting Group Dr. Somi Javaid, Founder, HerMD Rashida Jones, Former President, MSNBC Eunice Lee, Chief Operating Officer, Scopely Aidan Madigan-Curtis, General Partner, Eclipse Ventures Nadine Mezher, Cofounder, Sarwa Jacqueline Novogratz, Founder and CEO, Acumen Jessica Orkin, Chief Executive Officer, SYPartners Ellie Rubenstein, Cofounder and Managing Partner, Manna Tree Dana Settle, Cofounder and Managing Partner, Greycroft Emon Shakoor, Founder and CEO, Blossom Accelerator Noor Sweid, Founder and Managing Partner, Global Ventures Yvonne Winter, Cofounder and Chief Operating Officer, FlyNow Aviation

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store