Crypto payments firm Mesh has announced an integration with Apple Pay that will enable merchants to accept cryptocurrency payments directly through Apple Pay.
Scheduled for release later in Q2, this integration will facilitate crypto transactions for Mesh’s partner merchants without their own crypto infrastructure.
The Apple Pay integration is powered by Mesh’s SmartFunding technology, which allows customers to pay with cryptocurrencies like BTC, ETH, or SOL.
Merchants can then settle these payments in the stablecoin of their choice, including USDC, USDT, PYUSD, and others.
This technology claims to simplify the transaction process, with users selecting Apple Pay at checkout, authenticating via Face ID, and completing the transaction in fiat currency payments.
The integration capabilities are extended to physical retail environments as well.
Merchants can utilise Apple Pay’s NFC features to provide customers with a consistent payment experience both in-store and online, beyond the traditional point-of-sale terminals.
Mesh CEO and co-founder Bam Azizi said: “We believe that as soon as crypto payments are as seamless as fiat payments, nothing is left to stop the mass migration of global commerce onto blockchain rails. Crypto already offers countless benefits over fiat, and Mesh is solving the UX and convenience pieces.
“With our Apple Pay integration, we’re solving crypto’s existential last-mile problem, bringing to life a plug-and-play solution that turns on global crypto payments through our existing partners.”
This development follows Mesh’s $82m Series B funding round, led by Paradigm and supported by investors such as Consensys, QuantumLight Capital, and Yolo Investments.
Mesh has over 300 integrations, including prominent crypto exchanges and wallets like Coinbase, Binance, MetaMask, and Phantom.
“Mesh integrates Apple Pay for crypto transactions ” was originally created and published by Electronic Payments International, a GlobalData owned brand.
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