Bybit Pay integrates with Mesh to expand crypto payments

Bybit Pay has integrated with Mesh, a payments infrastructure platform, to enable its users to spend cryptocurrency directly from their exchange wallets across merchant networks without requiring withdrawals to external wallets. The partnership connects Bybit's user base to Mesh's network of participating merchants, streamlining the path from holding crypto on an exchange to using it for purchases.

The move addresses a friction point in crypto adoption - the multi-step process of withdrawing assets before spending them - by allowing transactions to flow directly from exchange accounts. This kind of integration is part of a broader push to make digital asset spending more accessible and competitive with traditional payment methods.

• Users can now transact directly from Bybit balances via Mesh's merchant network, eliminating intermediate withdrawal steps.
• The integration targets mainstream usability by reducing transaction friction between exchanges and real-world spending.
• The partnership potentially expands merchant adoption of crypto payments by tapping into Bybit's existing user base.