The post Bybit Pay Integrates With Yape and Plin to Enable Crypto Payments Across Peru appeared on BitcoinEthereumNews.com.

Yape handled 54% of in-person transactions and PLIN handled 34% in 2024, placing Bybit Pay at the center of Peru’s quickly developing cashless economy. Millions of users of digital wallets in Peru now have access to real-world cryptocurrency payment capabilities thanks to this expansion. Yape and Plin, two of the most widely used digital payment systems in Peru, have seamlessly integrated with Bybit Pay, which has been launched by Bybit, the second-largest cryptocurrency exchange in the world based on trading volume. Millions of users of digital wallets in Peru now have access to real-world cryptocurrency payment capabilities thanks to this expansion, which is another significant step in connecting conventional banking with the Latin American digital economy. Boosting the Digital-First Economy in Peru The usage of digital wallets has increased dramatically in Peru in recent years; in 2024, Yape and Plin will each have around 14 million users. Bybit Pay’s most recent integration combines the innovation of digital assets with the familiarity of Peru’s most trusted payment methods, allowing Peruvian customers to make cryptocurrency-backed payments both online and at local merchants using their existing Plin phone-number transfers and Yape QR codes. Yape handled 54% of in-person transactions and PLIN handled 34% in 2024, placing Bybit Pay at the center of Peru’s quickly developing cashless economy. According to research, more than 50% of Peruvian adults use digital wallets that are based on their phones. Using the extensive local networks of Plin and Yape, Bybit Pay customers in Peru can now: Use QR codes to make payments: To instantly pay with cryptocurrencies at participating retailers around the country, use your current Yape QR code. Money Transfer using Phone Number: Use crypto holdings to support safe Plin phone number transfers. Use Digital Assets to Shop: Access payments at actual retail stores as well as online. Enjoy…

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Filed under: News - @ January 16, 2026 6:23 am