S1lkPay has partnered with Bybit, a leading cryptocurrency derivatives exchange globally. This collaboration will see S1lkPay providing Bybit with BIN sponsorship and payment processing services to introduce a new CRYPTO CARD with innovative stablecoin settlement options in the region and beyond
Crypto companies now have the opportunity to benefit from enhanced operational and liquidity efficiencies with S1lkPay’s new Crypto Card flow. Unlike traditional methods, S1lkPay enables companies to stay ‘on-chain’ and settle obligations with stablecoins, offering a more streamlined approach.
S1lkPay is an e-wallet connected to bank and e-money systems via a peer-to-peer network and direct bank connections. Users hold their money as tenge, dollars or cryptocurrency, and can give an access, share, crowdfund, send and receive funds domestically and internationally.