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DUBAI, UAE, Jan. 14, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, announced the launch of Bybit Pay in Peru through seamless integration with two of the country's most popular digital payment platforms: Yape and Plin. This expansion brings real-world crypto payment capabilities to millions of Peruvian digital wallet users, marking another milestone in bridging traditional finance with the digital economy in Latin America.
Empowering Peru's Digital-First Economy
Peru's digital wallet adoption has surged in recent years, with Yape and Plin each serving approximately 14 million users in 2024. Bybit Pay's latest integration enables Peruvian consumers to use their existing Yape QR codes and Plin phone-number transfers to make cryptocurrency-backed payments both online and at local merchants, combining the familiarity of Peru's most trusted payment methods with the innovation of digital assets.
This partnership positions Bybit Pay at the heart of Peru's rapidly evolving cashless economy, where Yape handled 54% of in-person transactions and PLIN 34% in 2024. Research showed over half of the adult population in Peru use phone-based digital wallets.
Building on Yape's and Plin's vast local networks, Bybit Pay users in Peru can now:
- Pay with QR Codes: Use existing Yape QR codes to make instant cryptocurrency payments at participating merchants nationwide
- Transfer Money by Phone Number: Execute secure Plin phone-number transfers backed by cryptocurrency holdings
- Shop with Digital Assets: Access payments at both e-commerce platforms and physical retail locations
- Enjoy Fast Settlement: Benefit from near-instant transaction confirmation with enhanced security
In Peru, the platform supports multiple cryptocurrencies including USDT, USDC, BTC, ETH, and other major digital assets, automatically converting them for seamless Peruvian Sol (PEN) transactions.
To celebrate the launch, Bybit Pay is offering unprecedented rewards for users in Peru:
- New User Exclusive: On top of other welcome bonuses, new users who successfully sign up for Bybit Pay can get a 50% discount coupon on their first QR code or phone-number transfer payment.
- Current User Benefits: Existing Bybit Pay users can earn 2–10% cashback on every QR or phone-number transfer payment
"By integrating with mainstream payment methods Peruvians already know and trust, Bybit Pay is removing barriers to digital asset adoption and making crypto genuinely useful for everyday transactions," said Patricio Mesri, CEO of Bybit LATAM. "Peru represents one of Latin America's most dynamic digital payment markets, and we are proud to be building the infrastructure for financial innovation and inclusion together with our partners."
Bybit Pay has been making headway in Central and Latin America through partnerships with leading local institutions and payment infrastructure providers from Brazil to Argentina.
To learn more about how to use Bybit Pay, users may visit: How to Make Payment with QR Pay using Bybit Pay
Bybit Pay currently serves global users who have successfully completed Identity Verification on Bybit. Users from Service Restricted Countries or local Bybit entities are not currently supported. For the latest updates and detailed terms and conditions, users may refer to the Bybit Pay official page.
#Bybit / #CryptoArk
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
DUBAI, UAE, Jan. 14, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, announced the launch of Bybit Pay in Peru through seamless integration with two of the country's most popular digital payment platforms: Yape and Plin. This expansion brings real-world crypto payment capabilities to millions of Peruvian digital wallet users, marking another milestone in bridging traditional finance with the digital economy in Latin America.
Empowering Peru's Digital-First Economy
Peru's digital wallet adoption has surged in recent years, with Yape and Plin each serving approximately 14 million users in 2024. Bybit Pay's latest integration enables Peruvian consumers to use their existing Yape QR codes and Plin phone-number transfers to make cryptocurrency-backed payments both online and at local merchants, combining the familiarity of Peru's most trusted payment methods with the innovation of digital assets.
This partnership positions Bybit Pay at the heart of Peru's rapidly evolving cashless economy, where Yape handled 54% of in-person transactions and PLIN 34% in 2024. Research showed over half of the adult population in Peru use phone-based digital wallets.
Building on Yape's and Plin's vast local networks, Bybit Pay users in Peru can now:
- Pay with QR Codes: Use existing Yape QR codes to make instant cryptocurrency payments at participating merchants nationwide
- Transfer Money by Phone Number: Execute secure Plin phone-number transfers backed by cryptocurrency holdings
- Shop with Digital Assets: Access payments at both e-commerce platforms and physical retail locations
- Enjoy Fast Settlement: Benefit from near-instant transaction confirmation with enhanced security
In Peru, the platform supports multiple cryptocurrencies including USDT, USDC, BTC, ETH, and other major digital assets, automatically converting them for seamless Peruvian Sol (PEN) transactions.
To celebrate the launch, Bybit Pay is offering unprecedented rewards for users in Peru:
- New User Exclusive: On top of other welcome bonuses, new users who successfully sign up for Bybit Pay can get a 50% discount coupon on their first QR code or phone-number transfer payment.
- Current User Benefits: Existing Bybit Pay users can earn 2–10% cashback on every QR or phone-number transfer payment
"By integrating with mainstream payment methods Peruvians already know and trust, Bybit Pay is removing barriers to digital asset adoption and making crypto genuinely useful for everyday transactions," said Patricio Mesri, CEO of Bybit LATAM. "Peru represents one of Latin America's most dynamic digital payment markets, and we are proud to be building the infrastructure for financial innovation and inclusion together with our partners."
Bybit Pay has been making headway in Central and Latin America through partnerships with leading local institutions and payment infrastructure providers from Brazil to Argentina.
To learn more about how to use Bybit Pay, users may visit: How to Make Payment with QR Pay using Bybit Pay
Bybit Pay currently serves global users who have successfully completed Identity Verification on Bybit. Users from Service Restricted Countries or local Bybit entities are not currently supported. For the latest updates and detailed terms and conditions, users may refer to the Bybit Pay official page.
#Bybit / #CryptoArk
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Bybit Pay Bring Crypto Payments to Peru's Most Popular Digital Wallets, Yape and Plin
ST. PAUL, Minn., Jan. 14, 2026 /PRNewswire/ -- iotaMotion, Inc., creator of iotaSOFT®, the first and only FDA cleared robotic-assisted cochlear implant insertion system, today announced U.S. Food and Drug Administration (FDA) 510(k) clearance for expanded pediatric use of its iotaSOFT® Insertion System. The system is now cleared for use in patients four years of age and older, extending access to robotic-assisted cochlear implantation for school-aged children.
"Receiving FDA clearance for expanded pediatric use marks a significant milestone for iotaMotion and for families navigating cochlear implant decisions," said Mike Lobinsky, CEO of iotaMotion. "By standardizing one of the most delicate steps in cochlear implant surgery, iotaSOFT helps reduce variability which could provide parents greater confidence as they consider cochlear implantation for their children."
The iotaSOFT Insertion System enables precise and controlled electrode array insertion during one of the most delicate steps of cochlear implant surgery. By standardizing this critical step, iotaSOFT is designed to help preserve delicate cochlear structures, a consideration that is often central to decision-making.
As part of this milestone, Cincinnati Children's Hospital, a nationally ranked pediatric medical center, and U.S. News & World Report Honor Roll member for 2025–2026, has become the first dedicated pediatric center to adopt the iotaSOFT Insertion System. Cincinnati Children's joins over 35 leading cochlear implant centers across the United States, including nearly half of U.S. neurotology fellowship training programs, that have adopted this innovative technology.
"At Cincinnati Children's, our focus is delivering the highest standard of care while thoughtfully integrating innovations that benefit our patients," said Dr. Daniel Choo, chief clinical growth officer and professor of otolaryngology–head and neck surgery. "Robotic-assisted cochlear implantation represents a meaningful advancement in our cochlear implant program."
Globally, fewer than 5% of eligible cochlear implant candidates receive an implant, despite more than 430 million people worldwide experiencing disabling hearing loss, according to the World Health Organization. In pediatric patients, early access to sound is critical for speech, language and educational development, yet concerns around hearing preservation and surgical variability can delay intervention.
A 2025 clinical cohort study published in The Laryngoscope (Khan et al.) found that 85% of patients in the robotic-assisted insertion group maintained hearing preservation at one year, compared with 71% in the manual insertion group, according to its authors.
"Robotic assistance in cochlear implantation is about precision and consistency," said Marlan Hansen, MD, co-founder and chief medical officer of iotaMotion. "With the expanded pediatric indication for iotaSOFT, supported by growing clinical evidence, families can have greater confidence that controlled, standardized insertion is designed to protect the cochlea and preserve its structure and function. This is especially important for children who may benefit from emerging therapeutic advances, including gene-based and regenerative hearing technologies, which will likely depend on atraumatic, cochlear implant array placement early in life."
About iotaMotion
iotaMotion, Inc. is a medical technology company based in St. Paul, Minnesota, dedicated to advancing cochlear implant surgery beyond human capability through robotic-assisted solutions. Its flagship technology, the iotaSOFT® Insertion System, is designed to preserve delicate intracochlear structures through slow and consistent electrode array insertion. The system is commercially available in the United States and under clinical investigation in other global markets.
For more information, visit http://www.iotamotion.com/ and follow us on LinkedIn, X, Facebook, YouTube.
Sources:
Claussen AD, et al. Comparative Analysis of Robotics-Assisted and Manual Insertions of Cochlear Implant Electrode Arrays. Otol Neurotol, 2022.
Khan AM, et al. Robotic-Assisted Electrode Array Insertion Improves Rates of Hearing Preservation. The Laryngoscope, 2025.
Data on file
Media Contact:
Sara Ashburn-Reed
Sashburn-reed@iotamotion.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
iotaMotion Receives FDA Clearance for Expanded Pediatric Use of iotaSOFT® Robotic-Assisted Cochlear Implant Insertion System
iotaMotion Receives FDA Clearance for Expanded Pediatric Use of iotaSOFT® Robotic-Assisted Cochlear Implant Insertion System
iotaMotion Receives FDA Clearance for Expanded Pediatric Use of iotaSOFT® Robotic-Assisted Cochlear Implant Insertion System
