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Coinbase adds Apple Pay to supported payment option

CryptocurrencyAug 05, 2021 06:00PM ET
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Coinbase adds Apple Pay to supported payment option

Coinbase will now allow its customers to use Apple (NASDAQ:AAPL) Pay to purchase cryptocurrencies on its platform.

The leading U.S. cryptocurrency exchange announced on Thursday that customers would be able to link their debit cards to the mobile payment and digital wallet service. They said in a blog post:

Today, we’re introducing new and seamless ways to enable crypto buys with linked debit cards to Apple Pay and Google (NASDAQ:GOOGL) Pay, and instant cashouts up to $100,000 per transaction available 24/7 [...] If you already have a Visa (NYSE:V) or Mastercard (NYSE:MA) 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.
The support for Google Pay is expected to become functional “later this fall.” In the same post, the crypto exchange platform announced: “instant cashouts via Real-Time Payments (RTP), enabling customers in the U.S. with linked bank accounts to instantly and securely cash out up to $100,000 per transaction.”

Coinbase is not a first in this regard. Back in April, Gemini enabled Apple Pay and Google Pay cash transfer options on its exchange.

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Coinbase adds Apple Pay to supported payment option
 

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Comments (2)
Isaac Mabol
Isaac Mabol Aug 06, 2021 3:41AM ET
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hello guys
Gift Mangwiro
Gift Mangwiro Aug 06, 2021 12:41AM ET
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good
 
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