Bybit Pay integrates with Mesh to expand crypto payments

Bybit Pay, the payments arm of crypto exchange Bybit, has integrated with crypto payments infrastructure provider Mesh, allowing users to make payments and fund accounts on supported platforms directly from their Bybit balances.

The integration lets Bybit users select Bybit Pay at checkout or when funding an account without first withdrawing or transferring assets to another platform.

For businesses already integrated with Mesh, Bybit Pay can be added as a payment option through their existing integration, giving them access to Bybit’s claimed 80 million users. Bybit said the integration also supports programmable settlement options, allowing businesses to control how and when payments are settled across different markets.

Mesh said its network connects more than 300 wallets, exchanges and financial services platforms, allowing users to move digital assets between participating services.

In January, the company raised $75 million in a Dragonfly-led Series C, valuing the crypto payments company at $1 billion and bringing its total funding to more than $200 million. Mesh said at the time that it planned to expand across Latin America, Asia and Europe.

Magazine: Recovery specialists crack $1B crypto wallet... but find just $10