Bybit Pay, the payments service of the cryptocurrency exchange Bybit, has integrated with Mesh, a crypto payments infrastructure provider. The move lets users complete payments and add funds on supported platforms directly from their Bybit account balances without first withdrawing or transferring assets elsewhere.

Users can select Bybit Pay at checkout or during account funding on Mesh-powered platforms. The process removes intermediate steps such as moving funds to a separate wallet or another service before a transaction can proceed. Bybit reports a user base of around 80 million, giving participating merchants access to a large pool of potential customers.

Merchant Access and Settlement Flexibility

Businesses already connected to Mesh can enable Bybit Pay through their existing technical setup. No separate integration with Bybit is required. This adds another payment option for merchants while keeping the connection within the Mesh network.

The integration includes programmable settlement features. Merchants can set how and when payments finalize across different markets, adjusting the process to match their operational requirements. Bybit said the service became available to Mesh-connected businesses on September 3, though individual merchants must activate the option before customers can use it.

Sophie Chen, head of marketing at Bybit Card and Pay, noted that customers can spend an asset held in their Bybit account while the receiving platform obtains its preferred asset. Conversion and settlement functions handle the difference behind the scenes, reducing manual steps when the payer and recipient prefer different currencies.

Mesh Network Reach and Funding Background

Mesh operates an infrastructure layer that connects more than 300 wallets, exchanges, and financial services platforms. Participating services can present supported accounts and payment choices inside their own interfaces, allowing digital asset transfers and settlements without users copying wallet addresses or arranging separate transfers.

In January, Mesh closed a $75 million Series C funding round led by Dragonfly. The round valued the company at $1 billion and brought its total funding above $200 million. Mesh said at the time that it planned to expand operations across Latin America, Asia, and Europe. Earlier investors have included Coinbase Ventures and PayPal Ventures.

The company, formerly known as Front Finance, has focused on payments, account connections, and settlement tools that let merchants receive a chosen stablecoin or fiat currency even when a customer pays with a different supported asset, depending on available configurations.

The announcement described the Bybit Pay connection as a global integration. Availability for specific users will depend on Bybit’s regional services, the location of each merchant, and the assets supported for a given transaction. No detailed list of supported cryptocurrencies, fees, or geographic limits was provided in the initial disclosure.