Coinbase now offers additional payment options that are easy to use.
Coinbase, a crypto exchange, announced Thursday that it now accepts Apple Pay for the purchase of crypto assets. Google Pay integration will follow.
“Today we’re introducing new and seamless ways to enable crypto buys with linked debit cards to Apple Pay and Google Pay, and instant cashouts up to $100,000 per transaction available 24/7,” said a Coinbase blog post on Thursday.
The Coinbase blog stated that if you have a Visa debit card or Mastercard linked to your Apple Wallet, Apple Pay will automatically show up as a payment method for when you buy crypto with Coinbase from an Apple Pay-supported iOS device.
Coinbase anticipates that Google Pay functionality will be available “later in the fall.”
Coinbase also announced that they would offer instant cashouts using Real Time Payments (RTP) to customers with U.S. bank accounts linked to their Coinbase account. Customers can instantly and securely cash out up $100,000 per transaction.
Digital asset exchange Gemini made a similar move back in April, integrating Google Pay and Apple Pay cash transfer options on its platform.