Coinbase Card now supports Apple Pay and Google Pay, making it possible for card users to spend their cryptocurrencies using mobile payment platforms
Cryptocurrency exchange Coinbase has announced that its Coinbase Card can now be linked to Google Pay and Apple Pay, allowing Coinbase Card users to use their Visa debit card to pay for goods and services via mobile payment platforms.
In its blog post, Coinbase said, “You can now use your Coinbase Card with Apple Pay and Google Pay to make it even easier to spend crypto at home and on the go.” The crypto exchange is encouraging users to use Apple Pay and Google Pay via its card for a chance to earn up to 4% back in crypto rewards.
According to Coinbase, the rise in mobile phone payments over the past few months convinced them to integrate Apple Pay and Google Pay. Millions of people in the US now use these payment methods to pay for everyday deliveries, including groceries, office supplies and more. Coinbase stated that users can earn 1% back in Bitcoin or 4% back in Stellar Lumens as cashback rewards.
The cryptocurrency exchange added a tutorial on how customers can add the Coinbase Card to their Apple Pay and Google Pay accounts. Coinbase Card users can start using it with these payment platforms even if they haven’t received their physical cards.
Coinbase added that it is committed to ensuring people find it easy to spend cryptocurrencies. “Using Coinbase Card with Apple Pay and Google Pay makes it even easier to spend and grow your crypto. This is just the beginning — we’ll continue to build more ways for you to maximize crypto rewards and easily use crypto in your everyday life,” Coinbase said.
This latest development also signals Apple’s further involvement in the crypto space. Last week, the tech giant said it wants to hire a manager that would be in charge of the alternative payment space. The preferred candidate is expected to have at least five years’ experience in the crypto space.