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Bybit Pay Integrates With Mesh to Expand Crypto Payment Options

(46 days ago) · 1 source · Summarized by CryptoBipto

Bybit Pay has announced an integration with Mesh, a payments infrastructure provider, to expand its crypto payment capabilities. The partnership is intended to allow users to make payments using cryptocurrency through a broader range of channels and merchants.

WHY IT MATTERS

When you hold cryptocurrency on an exchange like Bybit, spending it in the real world is not always straightforward. Usually you would need to sell your crypto for regular money and then transfer that money to your bank account before you can use it. Payment integrations like this one try to skip that step by letting you pay directly with crypto. Think of Mesh as a translator that sits between your crypto wallet and a store's checkout system, converting your crypto into a payment the merchant can accept. If these kinds of integrations become widespread, using crypto for everyday purchases could become as simple as using a debit card.

Bybit, a cryptocurrency exchange, has integrated its payment service, Bybit Pay, with Mesh, a company that provides payment infrastructure connecting crypto wallets and accounts to merchants and applications.

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SOURCES

  • cointelegraph.com

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Crypto PaymentsBybitPayment InfrastructureMerchant Adoption