Coinbase card users will now be able to use cryptocurrency to make payments via Apple Pay and Google Pay.
The publicly traded crypto exchange said users will also be able to earn rebates of up to 4 per cent on their purchases.
The news comes as cryptocurrency continues to see increased adoption in the mainstream payments space.
Cryptocurrency platform Gemini, owned by the Winklevoss twins, partnered with Mastercard and WebBank to issue a credit card in May, offering users similar rebates.
In March, PayPal announced the launch of its new cryptocurrency checkout service ‘Checkout with Crypto”; which enabled consumers pay for select purchases at millions of online businesses with their cryptocurrency of choice.
Coinbase recently set the record for a cryptocurrency related initial public offering (IPO), debuting at a valuation of around 100$ billion on NASDAQ.
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