Visa partners with Mesh to enable crypto payments at 175 million merchants

Visa has partnered with crypto payments infrastructure provider Mesh to let consumers spend cryptocurrency and stablecoin balances at more than 175 million merchant locations worldwide without first transferring funds to a bank account or loading a separate payment card. In an Oct. 19 announcement , Mesh said the partnership would connect digital wallets and cryptocurrency platforms to Visa’s payment network through its transaction processing infrastructure, allowing users to make purchases directly from their existing balances. The proposed service will support payments at physical stores and online merchants across more than 200 countries and territories where Visa operates. Mesh will handle the conversion and movement of funds behind each transaction, while merchants receive payments through their existing checkout systems.

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