Coinbase Enables Crypto Buys with Apple Pay and Google Pay

Coinbase, a California based digital asset exchange operator, today announced that it has enabled customers to buy crypto with linked debit cards to Apple Pay and Google Pay, and instant cashouts up to $100,000 per transaction available 24/7.

Customers who already have a Visa or Mastercard debit card linked in their Apple Wallet will be able to pay with Apple Pay when buying crypto with Coinbase on iOS device or Safari web browser.

The company will soon enable crypto buys with Google Pay, a safe, simple, and secure way to pay that’s used by more than 150 million people in 40 countries every month.

Additionally, customers in the U.S. can now buy crypto with a connected bank account via ACH or Wire transfer, a debit card, funds in their Coinbase USD wallet, in addition to now using funds from a connected PayPal account or linked Visa or Mastercard debit card to Apple Pay.

Instant cash outs via Real Time Payments (RTP) let customers get money in seconds, 24/7, without the high costs of uncapped fees. Plus, there are no limits on the number of times a person can cash out per day.

​As Fazzaco reported earlier, the German Federal Financial Supervisory Authority (BaFin) has granted Coinbase Germany GmbH (Coinbase Germany) the first license​ for crypto custody and trading, under the new licensing regime introduced in January 2020.