PANews October 20 news: According to Mesh's official press release, the crypto payment network Mesh announced a partnership with Visa, allowing users to directly use cryptocurrency and stablecoin balances in participating wallet apps to make online and offline purchases at approximately 175 million Visa merchant locations worldwide, without the need to apply for a separate card, pre-sell, or transfer funds. Mesh is responsible for fund allocation and conversion between cryptocurrency, stablecoins, and fiat currency, and as the program manager handles user account opening and KYC; merchants receive payments according to standard payment procedures without needing to change equipment. The first batch of participating platforms and launch dates will be announced separately.
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Visa partners with Mesh, enabling crypto assets to be spent directly at 175 million merchant locations.
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