According to a press release, the technology will work both in physical shops and for online purchases. To process payments, the system will automatically generate the necessary Visa payment details, whilst Mesh will handle transaction processing and the conversion of digital assets, reports tradersunion.com.
This means users will not have to sell their cryptocurrency in advance or transfer it to a separate card. At the same time, merchants will be able to accept payments via the existing Visa infrastructure without any additional technical changes.
“Cryptocurrencies have never had a problem with users wanting to spend them. The problem lay in the final stage of the payment, and until now, a separate card was required to solve it. Mesh provides funding and conversion, turning the balance into purchasing power directly at the moment of payment,” said Bam Aziz, CEO and co-founder of Mesh.
The launch date, list of supported devices and cryptocurrency platforms have not yet been disclosed.
Visa expands its presence in the crypto market
Mesh specialises in cryptocurrency payment infrastructure. The company previously participated in the launch of PayPal’s ‘Pay with Crypto’ service, which enables merchants to accept digital assets.
In August 2025, Mesh secured investment from PayPal Ventures, Coinbase Ventures and other market participants, bringing its total funding to over $130 million. In January 2026, the company raised a further $75 million in a round led by Dragonfly and reached a valuation of over $1 billion, achieving ‘unicorn’ status.
For Visa, the new partnership marked a continuation of its strategy to integrate cryptocurrencies into traditional payment infrastructure. The company aims to enable holders of digital assets to use them for everyday payments without having to carry out exchange transactions themselves.
In April 2026, Visa announced a partnership with WeFi, which enables users to pay for purchases using cryptocurrencies from non-custodial wallets. Users retain control over their assets until the payment is made.
Another area of focus is the partnership with Bridge, established in 2025. This enables developers to issue Visa cards linked to stablecoin balances, whilst Bridge handles transaction processing and currency conversion.
Payment giants are betting on cryptocurrencies
An increasing number of major payment companies are launching their own cryptocurrency projects and integrating stablecoins into their existing infrastructure. For example, in August 2026, Mastercard completed the acquisition of the BVNK platform, and in October launched a joint service for handling both fiat currency and stablecoins. The new platform enables banks and financial institutions to convert currencies, issue cards and carry out international transfers.
PayPal is also actively developing its cryptocurrency business. In March 2026, the company expanded the availability of its own stablecoin, PYUSD, to 70 markets, and also offers merchants the ability to accept payments in more than 100 cryptocurrencies with automatic conversion into dollars. For its part, Stripe is developing infrastructure for settlements in stablecoins via the Bridge platform it has acquired. As a result, cryptocurrencies are gradually becoming part of traditional payment services, rather than a separate financial ecosystem.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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