Bybit Pay Integrates with Mesh to Expand Crypto Payments
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Article Excerpt:
Bybit Pay, the payments arm of crypto exchange Bybit, has integrated with Mesh, a crypto payments infrastructure provider. This integration allows Bybit users to spend digital assets directly from their exchange balances across Mesh-powered platforms without withdrawing or transferring assets first.
Key Features:
- Direct Payments: Bybit users can select Bybit Pay at checkout or when funding an account on supported Mesh platforms.
- Programmable Settlement: Businesses integrated with Mesh can control the settlement of payments across different markets.
- Wide Network: Mesh connects over 300 wallets, exchanges, and financial services platforms.
Recent Developments:
- Funding Round: In January, Mesh raised $75 million in a Series C led by Dragonfly, valuing the company at $1 billion.
- Global Expansion: Mesh plans to expand its operations across Latin America, Asia, and Europe.
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