Paybis, a regulated cryptocurrency exchange with more than 7 million users, now supports bank transfers for buying crypto across 70 fiat currencies. The platform offers ACH for US users, SEPA for Europe, SWIFT for international payments, and local options like Pix, BLIK, SPEI, and M-Pesa. The move gives users a cheaper alternative to credit and debit cards, especially for larger purchases.
How bank transfers work on Paybis
The process takes five steps. First, choose your currency and amount. Then select bank transfer as the payment method. Next, complete identity verification — standard KYC. After that, review the fees and exchange rates. Finally, authorize the payment and receive the crypto. The exchange says the whole thing is straightforward, and users don't need to juggle multiple apps.
Regional options for lower fees
For US users, ACH Bank Transfer is available. It's a secure, lower-cost alternative to cards. European users get SEPA Bank Transfer, which supports higher limits. SEPA Instant processes transfers in less than 10 seconds. SWIFT Bank Transfer handles international payments, though it takes 1-5 business days.
Paybis also supports local bank-linked payment methods. That includes BLIK in Poland, Pix in Brazil, SPEI in Mexico, and M-Pesa in East Africa. Digital wallets like Revolut Pay, PayPal, Skrill, and Neteller are also accepted. The variety means users in different regions don't have to rely on expensive cross-border card fees.
Why bank transfers matter
Bank transfers are cost-effective and reliable for larger crypto purchases. They often come with lower fees and higher limits than credit or debit cards. For someone buying $10,000 worth of Bitcoin, the savings on fees alone can be significant. Paybis supports over 90 cryptocurrencies, so users have plenty of options once the funds arrive.
The exchange continues to expand its payment methods, giving users more ways to get in without the card markup. Whether you're in the US, Europe, or emerging markets, there's a bank transfer option that fits.
