Visa and Mesh Plan Wallet-Based Crypto Payments
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Visa and Mesh are planning a service that would let users spend crypto from wallet balances while merchants receive fiat.
Visa and Mesh plan to enable payments funded by cryptocurrency held in users’ wallets, according to The Defiant.
Under the proposed arrangement, Mesh would handle the conversion of crypto, with merchants receiving fiat currency through Visa payments.
The initial rollout and the platforms that will participate have not yet been announced.
Source: The Defiant
