Coinbase Expands Crypto Purchases to Debit Cards Linked to Apple and Google Pay


Coinbase customers can now buy crypto with credit and debit cards linked to Apple Pay.

The crypto exchange says that its customers will also be able to use Google Pay to purchase digital assets in the fall.

 

Visa and Mastercard users can initiate instant cashouts of up to $100,000 per transaction at any time of the day, says Prakash Hariramani, senior director of Coinbase’s payments and financial hub.

“Coinbase is the first crypto exchange to offer instant cashouts via Real Time Payments (RTP), enabling customers in the U.S. with linked bank accounts to instantly and securely cash out up to $100,000 per transaction.

Many customers who withdraw funds opt for Automated Clearing House (ACH) transfers, which can take up to 5 days to move through the pipes of the traditional financial network. Instant cash outs via RTP let you get your money in seconds, 24/7, without the high costs of uncapped fees. Plus, there are no limits on the number of times you can cash out per day.”

Coinbase also now accepts crypto purchases made with linked Visa and Mastercard debit and credit cards in more than 20 countries, Hariramani says.

The crypto exchange Gemini integrated with Google and Apple Pay in April.

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