The Digital Rupee (eRupee), a new payment option for its INR consumers, is being introduced by Bybit , the second-largest cryptocurrency exchange in the world based on trading volume. Now available, this cutting-edge wallet-based mobile payment solution gives customers a safe and practical method to conduct transactions on the platform.

The launch of Digital eRupee is an attempt to allay the worries expressed by Bybit’s INR merchants about the security of conventional banking transactions. Merchants may reduce the likelihood that hackers would attack their bank accounts by accepting payments via eRupee, which will provide a more resilient financial environment for all parties.

Joan Han, sales and marketing director at Bybit stated:

“We are excited to unveil Digital Rupee (eRupee) as a cutting-edge payment option for our valued users. By incorporating the eRupee payment, Bybit aims to elevate the payment experience for INR users, fostering trust and reliability in every transaction. Furthermore, this initiative is expected to attract a wider pool of merchants to the platform, driving business growth and expanding the reach of Bybit’s services within the market.”

Visit here for more details on Bybit Digital Rupee.