Mike Smith
9 days ago
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The Mesh platform has introduced a revolutionary solution for cryptocurrency payments by integrating its services with the Apple Pay system. The presentation of the new technology took place at the Token2049 conference in Dubai, where Mesh CEO Bam Azizi personally demonstrated the system.
The full launch of the service is scheduled for the second quarter of 2025. The key objective of the development is to make accepting cryptocurrency payments as simple as possible, eliminating the need for businesses to create their own blockchain infrastructure.
The innovative solution allows customers to make payments via popular cryptocurrencies, including Bitcoin, Ethereum and Solana, while merchants receive funds in stable digital currencies - USDC, USDT or PYUSD. The technology is based on Mesh's proprietary development called SmartFunding, which provides a balance between stability for merchants and flexibility for buyers.
“The massive shift of global commerce to blockchain will happen when crypto payments become as easy to use as fiat money,” Azizi said in his speech.
The Apple Pay integration uses NFC technology, making the process of paying with cryptocurrency intuitive. The buyer selects the digital asset to pay for, confirms the transaction with Face ID, and completes the transaction in seconds - just like using a regular bank card. This is Apple Pay’s first large-scale initiative to implement crypto payments.
Mesh has shown significant success in attracting investment, recently closing an $82 million Series B round led by Paradigm, with Consensys and Yolo Investments also participating.
To date, the platform has established over 300 integrations with leading cryptocurrency players, including Coinbase, Binance, MetaMask, and Phantom, making Mesh one of the key providers of crypto payments infrastructure.
