Bybit Pay and MoneyBadger Partner to Enable Bitcoin Payments in SouthAfrica

ADOPTION FINANCE

On April 28, 2026, Bybit, the world’s second-largest exchange, announced a major expansion of its payment solution to South Africa through a strategic integration with MoneyBadger. This partnership bridges one of the global leaders in digital finance with South Africa’s most established retail networks, turning thousands of points of sale into Bitcoin-enabled terminals.

Seamless Daily Commerce

The rollout connects Bybit Pay to existing payment infrastructure, allowing users to spend Bitcoin at over 650,000 merchant locations.

  • Retail Presence: The service is active at more than 1,500 Pick n Pay stores nationwide.

  • Payment Networks: Users can access 31,000 Zapper locations and over 650,000 Scan to Pay points.

  • E-commerce Support: Online checkout is supported via Peach Payments and Ozow.

Efficiency and Stability

While customers pay with Bitcoin—leveraging the Lightning Network for speed—merchants receive settlements directly in South African Rand (ZAR). This instant conversion at the point of sale eliminates price volatility for businesses and allows them to accept payments without needing to manage or hold digital assets themselves. Transactions typically settle within 10 to 15 seconds, offering a retail experience as fast as traditional cards.

Voices from the Partnership

Sophie Chen, Head of Marketing at Bybit Card and Bybit Pay, noted the shifting landscape of digital finance:

“ Digital assets payments are entering a new phase where the focus is shifting from trading to real-world utility. Bybit Pay connects digital assets to everyday commerce, and our partnership with MoneyBadger enables seamless spending across South Africa.”

Carel van Wyk, CEO of MoneyBadger, emphasized the simplicity of the user experience:

“At MoneyBadger, our goal is to make paying with Bitcoin and digital assets as simple as scanning a QR code. By enabling Bybit Pay across our network, millions of users can now spend [Bitcoin] at everyday merchants across South Africa, while merchants continue to receive settlement in rand.”