Apple Pay & Google Pay enable Coinbase payments

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.

    Share Story:

Recent Stories

New Business Frontiers
FStech’s Mark Evans discusses the future of financial services with Liu Jianning of Huawei, covering the limitations that current thinking can impose, how financial institutions can embrace technology to be both agile and resilient, and making space for the organisation to focus on the job of creating innovative business models and on delivering business value for their customers.

The Future of Intelligent Finance
FStech Group Editor Mark Evans sits down with Jason Cao, President of Global Financial Services Business Unit, Enterprise BG at Huawei ahead of its Intelligent Finance Summit which was held on 3rd and 4th of June in Shanghai. This Q&A delves into key trends in digital transformation of the financial services industry as well as a look at how data, robotic infrastructure, intelligent storage and innovative technologies are shaping the future for FSIs.

The Rise of Instant Payments
Instant payments are creating new business opportunities for banks by providing more touchpoints than ever. With these evolutions underway, Featurespace brought leading industry experts together to discuss how they are protecting customers from fraudsters in real time, utilizing innovative and disruptive solutions to reduce fraud. Click here to find out more.