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Visa, Mesh Pursue Direct Crypto Payments Across 175 Million Merchants Worldwide

Visa, Mesh Pursue Direct Crypto Payments Across 175 Million Merchants Worldwide

  • Visa and Mesh formed a partnership on a crypto payment service that would enable direct payments from digital wallets.
  • Users would be able to pay with crypto through partner digital wallets at 175 million merchants across more than 200 countries and territories worldwide.
  • Mesh will convert cryptocurrencies and stablecoins into fiat currency and handle KYC procedures. It also raised $75 million and was valued at $1 billion.

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Photo: Orbit
Photo: Orbit

Visa Inc. is partnering with crypto payments network Mesh on a service that would let consumers use cryptocurrencies and stablecoins held in digital wallets for everyday purchases.

Cointelegraph reported on October 19 that Visa and…

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