Coinbase Adds Cryptocurrency Support to Debit Cards Linked to Apple Pay and Google Pay

 Popular Exchange cryptocurrency Coinbase announced a bank card support, linked to the payment system Apple Pay and Google Pay. Now, with their help, traders can buy cryptocurrency for trading on the crypto platform.

Coinbase's official blog states: “We are introducing new ways to buy cryptocurrencies without any restrictions. This can be done using debit cards linked to Apple Pay and Google Pay. In addition, there is a round-the-clock support for instant withdrawal of cryptocurrencies to the card with conversion into fiat currency in the amount of up to $ 100,000 per transaction . "

Coinbase Adds Cryptocurrency Support to Debit Cards Linked to Apple Pay and Google Pay


It goes on to say the following: “If a crypto exchange user already has a Visa or Mastercard debit card linked to Apple Wallet, Apple Pay allows it to be automatically displayed as a payment method when buying cryptocurrency on Coinbase through any mobile device running iOS and supporting Apple Pay, as well as through the Safari web browser ” .

In addition, Coinbase announced that it made it easier for users to access funds when using the Real Time Payments (RTP) instant transfer service. This service is primarily intended for users in the United States with linked bank accounts. The service allows you to instantly and securely carry out transactions up to $ 100,000 with full clearing support.

The ability to support Apple Pay was added by cryptocurrency exchange Coinbase just over a month ago, in June. Then it became possible to link your own Coinbase debit cards to your crypto exchange account by adding them to the Wallet app on your iPhone. In this case, the Coinbase card automatically converts the fiat funds placed on it into the cryptocurrency that the user intends to use when trading on the exchange. He can also withdraw his funds back to the Coinbase card and make purchases through the Apple Pay payment system, as well as withdraw cash from ATMs.

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