Latest news with #MeteGuney
Mid East Info
17-03-2025
- Business
- Mid East Info
Bybit Card Marks 2nd Anniversary with 1.5 Million Cards Issued, Revolutionizing User Experience and Accelerating Global Footprint
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 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.
Zawya
16-03-2025
- Business
- Zawya
Bybit Card marks 2nd anniversary with 1.5mln cards issued
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 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. #Bybit / #TheCryptoArk / #TheBybitCard
Yahoo
28-02-2025
- Business
- Yahoo
Mastercard, Checkout.com collaborate to improve money transfers in UAE
has teamed up with Mastercard Move to streamline money transfers and payouts for individuals and businesses in the UAE. By integrating Mastercard Move's money movement solutions, will allow its customers to send funds directly to Mastercard cards. This development will support a variety of use cases, including salary payouts for gig workers, insurance disbursements, wallet cashouts, and refunds. CFI Financial Group, an online trading provider, is one of the first company to adopt the Mastercard Move capabilities through Mastercard EEMEA commercial and new payment flows Mete Guney said: 'At Mastercard, we are dedicated to leading the digital transformation in the markets we serve, and our collaboration with is a significant step towards delivering innovative payment solutions for both consumers and businesses. 'Together we will set a new standard for payment technologies in the region, enabling faster, more secure payment flows that meet the evolving needs of our customers.' MENA general manager Remo Giovanni Abbondandolo stated: 'Mastercard is our trusted partner in modernising the payment ecosystem worldwide, and we are delighted to enhance the relationship through our integration with Mastercard Move. This collaboration will strengthen our offerings and position us at the forefront of digital payment innovation in the region.' This move builds upon a previous collaboration between the companies in May 2024, which introduced virtual cards to travel agents in supporting online travel agencies (OTAs) and other travel sector businesses involves in B2B payments with cards. Mastercard Move is designed to enhance various payment experiences, including person-to-person transactions, business payments, and disbursements. The service extends across 180 countries and supports over 150 currencies. Earlier this month, Mastercard launched Mastercard One Credential, a unified digital payment solution offering consumers multiple payment options. "Mastercard, collaborate to improve money transfers in UAE " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Zawya
26-02-2025
- Business
- Zawya
Checkout.com teams up with Mastercard move to transform money transfers in the UAE
Dubai, UAE: Building on their previous collaboration, and Mastercard will join forces to facilitate seamless money transfers for individuals and businesses in the UAE. Leveraging Mastercard Move's money movement solutions, will enable its customers to send funds directly to Mastercard cards in a fast, convenient, and secure way. The collaboration will facilitate a wide range of use cases, including insurance disbursements, wallet cashouts and refunds, offering more flexibility and speed to businesses and individuals. CFI Financial Group, a global online trading provider, is among the first customers of to have adopted Mastercard Move capabilities. 'At Mastercard, we are dedicated to leading the digital transformation in the markets we serve, and our collaboration with is a significant step towards delivering innovative payment solutions for both consumers and businesses. Together we will set a new standard for payment technologies in the region, enabling faster, more secure payment flows that meet the evolving needs of our customers,' said Mete Guney, Executive Vice President, Commercial and New Payment Flows, Eastern Europe, Middle East and Africa, Mastercard. 'Mastercard has long been a trusted partner in mission to modernize the global payment ecosystem. We are excited to be the first acquirer to introduce the next phase of Mastercard Move, a tool that will enable us to further empower businesses with streamlined payment solutions, driving their performance. This partnership underscores our commitment to providing faster, more secure disbursements, helping businesses thrive in an ever-evolving digital landscape.' said Remo Giovanni Abbondandolo, General Manager, MENA, Mastercard Move, the technology company's comprehensive portfolio of money movement capabilities, powers a variety of payment experiences, including person-to-person payments, business payments and disbursements. The portfolio's reach spans 180 countries and over 150 currencies, with access to more than 95% of the world's banked population. About processes payments for thousands of companies that shape the digital economy. Our global digital payments network supports over 145 currencies and delivers high-performance payment solutions across the world, processing billions of transactions annually. With flexible and scalable technology, we help enterprise merchants boost acceptance rates, reduce processing costs, combat fraud, and turn payments into a major revenue driver. Headquartered in London and with 16 offices worldwide, is trusted by leading brands such as Alshaya Group, Botim, Dyson, Hunger Station, Instashop, Qlub, Majid Al Futtaim, Netflix, SHEIN, Sony and Tamara. About Mastercard Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're building a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Al Bawaba
26-02-2025
- Business
- Al Bawaba
Checkout.com teams up with Mastercard Move to transform money transfers in the UAE
Building on their previous collaboration, and Mastercard will join forces to facilitate seamless money transfers for individuals and businesses in the UAE. Leveraging Mastercard Move's money movement solutions, will enable its customers to send funds directly to Mastercard cards in a fast, convenient, and secure way. The collaboration will facilitate a wide range of use cases, including insurance disbursements, wallet cashouts and refunds, offering more flexibility and speed to businesses and individuals. CFI Financial Group, a global online trading provider, is among the first customers of to have adopted Mastercard Move capabilities. 'At Mastercard, we are dedicated to leading the digital transformation in the markets we serve, and our collaboration with is a significant step towards delivering innovative payment solutions for both consumers and businesses. Together we will set a new standard for payment technologies in the region, enabling faster, more secure payment flows that meet the evolving needs of our customers,' said Mete Guney, Executive Vice President, Commercial and New Payment Flows, Eastern Europe, Middle East and Africa, Mastercard. 'Mastercard has long been a trusted partner in mission to modernize the global payment ecosystem. We are excited to be the first acquirer to introduce the next phase of Mastercard Move, a tool that will enable us to further empower businesses with streamlined payment solutions, driving their performance. This partnership underscores our commitment to providing faster, more secure disbursements, helping businesses thrive in an ever-evolving digital landscape.' said Remo Giovanni Abbondandolo, General Manager, MENA, Mastercard Move, the technology company's comprehensive portfolio of money movement capabilities, powers a variety of payment experiences, including person-to-person payments, business payments and disbursements. The portfolio's reach spans 180 countries and over 150 currencies, with access to more than 95% of the world's banked population.
