Bybit Pay, the payments arm of the cryptocurrency exchange Bybit, has integrated with crypto payments infrastructure provider Mesh, enabling users to make payments and fund accounts on supported platforms directly from their Bybit balances.

The integration allows Bybit users to select Bybit Pay at checkout or when funding an account, without first withdrawing or transferring assets to another platform. Reducing that friction has been a recurring focus for crypto payments companies, as moving assets between exchanges and apps typically involves network fees, transfer times, and multiple steps that card-based payments do not.

For businesses already integrated with Mesh, Bybit Pay can be added as a payment option through their existing integration, giving them access to Bybit’s claimed 80 million users. Bybit said the integration also supports programmable settlement options, allowing businesses to control how and when payments are settled across different markets.

Mesh said its network connects more than 300 wallets, exchanges, and financial services platforms, allowing users to move digital assets between participating services. Bybit is one of the larger global cryptocurrency exchanges by trading volume, and its payments arm extends those balances into everyday spending and merchant use cases. The tie-up reflects a broader push among exchanges to turn held balances into spendable purchasing power, following similar moves by major platforms to embed wallet-based checkout options into third-party apps and merchant flows.

In January, Mesh raised $75 million in a Series C round led by Dragonfly, valuing the crypto payments company at $1 billion and bringing its total funding to more than $200 million. At the time, Mesh said it planned to expand across Latin America, Asia, and Europe, and the Bybit partnership is the type of network expansion that funding round was intended to support. (Cointelegraph)

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