Mesh and Visa are launching crypto payments without a separate card
The idea is simple: the wallet app where you hold crypto pays at Visa merchants itself. A Visa credential is created in the background, you tap at a regular contactless terminal, and Mesh handles the conversion at that moment
The best part:
- nothing to sell or top up in advance, you pay from what you already hold
- merchants change nothing, they get a regular Visa payment
- wallets plug in through
@meshpay and skip building a card program of their own
- KYC still applies, Mesh runs it
It is not live yet: no date, no devices and no wallets named so far
Four days earlier
@Visa Direct put USDC prefunding for business payouts into production, with Inyo Global as the first to plug in
Crypto Cards moved $1.56B in September, and this goes after the card itself. Under the hood it is still Visa, you just stop signing up for a separate product
Would you pay from your wallet app without a separate card?