Bybit, the world's second-largest cryptocurrency exchange, and financial platform Manteca have announced the launch of a new instant payment service in Argentina and Brazil, allowing users to make payments in cryptocurrency.
Launch of the New Service
The service will allow Bybit users to make payments via QR codes in Argentina and the PIX system in Brazil, made possible through integration with local banking systems.
Integration with Manteca
The integration with Manteca's platform simplifies the instant payment process, allowing Bybit Pay users to automatically convert funds into local currency in real-time.
Reactions from Executives
Patricio Mesri, Bybit's Country Manager for Latin America, stated, “This launch is a response to our users’ needs and a key step in developing crypto services.” Federico Goldberg, CEO of Manteca, also remarked, “The choice of Manteca for integration with Bybit shows we can build world-class technology in the region.”
The launch of the new service by Bybit and Manteca demonstrates a commitment to integrating the crypto ecosystem with traditional payment systems in Latin America, providing users with new opportunities.
