Bybit Expands Payment Solutions With Launch of Bybit Card in Georgia
Dubai, UAE, January 28th, 2026, Chainwire
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is thrilled to announce the launch of the Bybit Card in Georgia, giving residents a new way to spend cryptocurrency at merchants that accept Mastercard, subject to applicable subject to applicable terms, conditions, and regional availability.
“Georgia is one of the most dynamic markets in the region, and we’re excited to introduce the Bybit Card here,” said Tekla Iashagashvili, Country Manager of Bybit Georgia. “This launch makes it easier than ever for people to use their digital assets in everyday life, with the security, flexibility, and rewards that Bybit is known for.”
“The launch of Bybit Card in Georgia is another important step in the development of digital payments and strengthening financial inclusion,” said David Zgudadze, Vice President for Mastercard in Georgia and Armenia. “Mastercard constantly supports innovations that enable consumers to use crypto assets safely and easily in everyday payments. Such partnerships strengthen the financial ecosystem and promote technological progress in the country.”
The rollout marks an expansion of Bybit’s payment solutions in the region, enabling users to use their crypto holdings for everyday purchases.
The Bybit Card offers instant virtual card access upon approval, supports multiple cryptocurrencies, and provides secure spending with EMV 3-D Secure protection, competitive conversion rates, and broad global acceptance. In supported regions, the card can also be linked to digital wallets such as Google Pay for contactless payments. A physical card is also available, subject to availability.
To mark the launch, Bybit is introducing a 10% cashback promotion for eligible cardholders, capped at the USD equivalent of up to $150 for new users and up to $75 for existing users. Eligibility requires an initial deposit of at least USD 100 (or equivalent) within 30 days of card approval. Participation is limited to users who have completed Individual Identity Verification Level 1 or Business Verification. Only payments made using cryptocurrency are eligible for cashback, and transactions outside the eligible categories – including withdrawals to e-wallets, prepaid wallets, or holding accounts — do not qualify.
“Our mission is to empower users with seamless, secure, and rewarding crypto payment experiences,” said Sophie Chen, Head of Marketing for Bybit’s Payment Business Unit. “Expanding the Bybit Card to Georgia reinforces our commitment to bridging the gap between digital assets and everyday spending, ensuring more people can access the benefits of modern financial innovation.”
“The launch of the Bybit Card in Georgia is an important milestone for the country’s digital finance ecosystem,” said Salim Dhanani, CEO & Co-Founder of Pave Bank. “Pave Bank is proud to support this initiative by enabling compliant banking infrastructure and payments connectivity. This partnership reflects our commitment to fostering innovation, supporting the regulated adoption of digital assets, and connecting global fintech solutions with the Georgian market.”
The Bybit Card offers instant access through a virtual version upon approval, with a physical card available for wider use. It provides seamless crypto spending at competitive rates, with full Mastercard global acceptance. The launch of the Bybit Card in Georgia follows Bybit’s broader commitment to offering innovative financial tools that bridge cryptocurrency and traditional spending. More information is available here.
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About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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