Bybit has expanded its digital payments solution, Bybit Pay, into South Africa through a strategic partnership with MoneyBadger, enabling users to spend cryptocurrency seamlessly across a wide network of merchants.
The integration allows Bybit Pay users to make everyday purchases using QR codes or online checkout, marking a significant step toward mainstream crypto adoption in one of Africa’s most active digital asset markets. Users can pay with Bitcoin, stablecoins, and more than 20 supported cryptocurrencies across categories such as groceries, fuel, travel, retail, and dining.
Through MoneyBadger’s infrastructure, the service connects to several established local payment networks, giving users access to hundreds of thousands of payment points nationwide. These include QR-based “Scan to Pay” locations, Zapper-enabled merchants, major retail outlets like Pick n Pay, and additional online platforms.
A key feature of the integration is its seamless settlement process. Merchants receive payments in South African rand, while MoneyBadger handles real-time conversion from cryptocurrency at the point of sale—eliminating the need for businesses to hold digital assets or manage price volatility.
The rollout supports both in-store and online transactions. Customers can simply scan a merchant QR code via the Bybit app or select crypto at checkout for online purchases, with transactions typically completed within seconds and no fees applied to QR payments.
With over 80 million users globally, Bybit is positioning itself to deepen its footprint in South Africa, a market where crypto ownership and usage continue to grow rapidly. Industry data suggests millions of South Africans already hold digital assets, with a significant share actively using them for payments.
Sophie Chen, Head of Marketing for Bybit Card and Bybit Pay, said the expansion reflects a broader shift in the crypto industry from trading to real-world utility. Meanwhile, MoneyBadger CEO Carel van Wyk emphasized that the partnership makes crypto payments as simple as scanning a QR code, unlocking everyday use for millions of users.
The collaboration is expected to accelerate cryptocurrency adoption across South Africa by lowering barriers for both consumers and merchants, while reinforcing the country’s position as a leading hub for digital finance innovation.
