Coinbase, one of the world's largest cryptocurrency exchange platforms, has announced a partnership with Apple and Google, which will allow Coinbase customers to pay with cryptocurrency at any store that accepts Visa bank cards.
To do this, you need to issue a Coinbase Card debit card and add it to the Google Pay or Apple Pay payment systems. When paid in this way, the selected cryptocurrency will be converted into US dollars or other fiat money. If desired, Coinbase Card holders will be able to withdraw cash from an ATM, of course, also in fiat form.
At the same time, Coinbase customers will be able to get cashback when paying via Google Pay or Apple Pay – 1% in Bitcoin or 4% in Stellar Lumens. The Coinbase Card can be used only in the United States, except for Hawaii.
Earlier, another cryptocurrency service BitPay received support for Apple Pay. It allows you to pay with bitcoins directly using a bank card issued in partnership with MasterCard.