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Bybit partners with Mesh to enable direct crypto payments
Cryptocurrency exchange Bybit has partnered with the crypto payments network Mesh to enable direct spending of exchange balances through Bybit Pay. The integration connects Bybit to Mesh’s network of over 300 wallets and exchanges.
The partnership aims to simplify the crypto payment process by allowing Bybit’s 80 million users to make checkout payments or top up external accounts directly from their exchange balances. This eliminates the need for users to manually withdraw funds to personal Web3 wallets, pay network gas fees, or wait for transaction confirmations.
Merchants using Mesh’s existing payment infrastructure can accept payments from Bybit users without additional integration. Sellers receive settlement in their preferred digital asset, while the underlying Mesh routing rails handle the transaction without requiring manual conversions by the buyer.