March 28, 2024

Visa Coinbase now available in Apple Pay and Google Pay

Coinbase announced in a blog post that Coinbase Visa Debit Cards are integrated into Apple Pay and Google Pay. Users,whose Coinbase card applications are approved starting withthis week, they will be able to add the card to the wallet on their smartphone and start using it without waiting for the physical card to be delivered. Users who are on the waiting list will receive an invitation to fill out a card application shortly.

The Coinbase debit card allows you topurchases for cryptocurrency: bitcoins, ether (ethereum), etc. The user himself chooses in the mobile application to which crypto-wallet to link the card. The card provides cashback: 1% in bitcoins or 4% in Stellar Lumens. You can withdraw cash from the card at any ATM in the world. When paying, Coinbase automatically converts the cryptocurrency to USD minus its fees. In case of payment in cryptocurrency, tax consequences may arise, Coinbase warns its customers.

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Visa Coinbase now available in Apple Pay and Google Pay