Coinbase announced recently that it now accepts Apple Pay payments. To put it another way, your consumers can now utilise Apple Pay to purchase crypto assets on your site. While Google Pay is not yet available on the exchange, its integration is on the way, so Google Pay users should not have to wait too long to be on an equal footing with Apple Pay users.
In a blog post published Thursday, Coinbase announced the launch of a new payment method, noting that it has a new and simple way to enable cryptocurrency buyers who have debit cards linked to Apple Pay. Users can now make immediate cash with up to $100,000 per transaction at any time of day or night thanks to the integration.
If your Visa or Mastercard debit cards are already linked to your Apple Wallet, Apple Pay should instantly show as a payment method when purchasing bitcoins through the exchange. According to the post, this works on any iOS device that supports Apple Pay, as well as the Safari web browser.
Google Pay, on the other hand, will be available later this year, and Coinbase anticipates that support for this payment method will be available by late fall.
Coinbase emphasised that instant withdrawals via RTP (real-time payments) will be possible, which means that US users with linked bank accounts will be able to send money (up to $100,000 USD). per transaction) to be exchanged in real time. Coinbase is following in the footsteps of Gemini, which added Google Pay and Apple Pay to its platform earlier this year, in April.
Coinbase’s support for Apple Pay and Google Pay will help it expand into new markets. According to the release, the latter is present in over 40 countries and has over 140 million users. Coinbase currently supports debit and credit card payments in over 20 countries.