Home
News
- Coinbase has reportedly integrated Apple Pay payments services
- The users of the cryptocurrency exchange can now use their debit card linked with their Apple Pay account to trade cryptos instantly
- The exchange also has plans to integrate Google Pay on its platform to allow seamless and instant transactions
- Coinbase has become the first crypto exchange for offering instant cashouts via real-time payments
Coinbase is one of the leading crypto coin exchanges that offer crypto trading services globally. The firm is one of the early start-ups in the industry. This year, the crypto platform was listed on NASDAQ, being the first crypto start-up that went public. Recently, it was revealed from a blog post shared by Coinbase that the exchange platform has integrated Apple Pay payments processors. Hence, the users or traders can now purchase virtual currencies using their debit cards linked with their Apple Pay accounts.
Coinbase onboards popular payment processor
Apple Pay is one of the most popular payment processors across the globe. The mobile app of the payments provider has been considered as one of the top players across the globe. In the current scenario, the payment service provider has had more than 43.9 million users since the beginning of this year, as per reports. Notably, the firm has kept shunning several cryptocurrency apps and is very selective in listing what it allows.
However, now it seems the sentiment of the payment services provider is changing. Hence, Coinbase has integrated the payments processor for its digital currency payments services.
How will the integration help Coinbase’s users?
The latest integration of Apple Pay by Coinbase will help enhance crypto payments services. All the exchange platform users can now use their Apple Pay to purchase all the listed assets on the platform, including Bitcoin, Ethereum, Ripple, and Litecoin.
According to Prakash Hariramani, senior director of Coinbase’s payments and financial hub, with fast, familiar, and secure ways to move users’ hard-earned funds, they can attract more users to their exchange platform. Such a way to move funds in and out of the exchange platform plays a significant role.
Hence, noting such critical points, the exchange introduced such new and seamless ways to enable cryptocurrency buys. Moreover, the integration will also allow instant cashouts up to $100k per transaction 24/7.
Coinbase’s users will soon get Google Pay options
To offer fast and seamless options to move money, Coinbase also plans to integrate Google Pay. It is known that the integration of Google Pay will also be announced soon. Ultimately, such integrations will help the exchange to open up services to a potential 150 million users globally.
Moreover, with recent integrations, Coinbase has become the first crypto exchange for offering instant cashouts via real-time payments (RTP). The uS clients can easily and instantly make transactions worth $100k with security.
