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Nasdaq listed crypto exchange Coinbase announced on Thursday that its customers can now use Apple Pay to buy Bitcoin and other cryptocurrencies on its platform. Senior director of Coinbase’s Payments & Financial Hub, Prakash Hariramani, senior director of, said on the company’s blog:
“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.”
With the announcement, Coinbase further specified:
“If you already have a Visa or Mastercard debit card linked in your Apple Wallet, Apple Pay will automatically appear as a payment method when you’re buying crypto with Coinbase on an Apple Pay-supported iOS device or Safari web browser.”
In addition to the integration of Apple Pay, the exchange also announced that its U.S. customers can also buy cryptocurrencies with a connected bank account via ACH or wire transfer, a debit card, or funds in their Coinbase USD wallet.
In June, the company announced the integration of Coinbase Card with Apple Pay and Google Pay. Following Thursday’s announcement, users will no longer need to have a Coinbase Card to use Apple Pay.
Being a public company, Coinbase confirmed its global expansion and reiterated that it “now accepts crypto buys via linked Visa and Mastercard debit and credit cards in 20+ countries, with more on the way.”
Google Pay will be added later this year as per the announcement:
Later this fall you’ll be able to buy crypto with Google Pay, a safe, simple, and secure way to pay that’s used by more than 150 million people in 40 countries every month.
The post Coinbase integrates Apple Pay on its platform appeared first on iGaming.
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Author: Peter Siu