Coinbase Unveils New Payment Options

In a move to keep providing clients with top-notch service, leading cryptocurrency exchange, Coinbase has announced the addition of new payment methods to its platform.

Coinbase via an official post disclosed that customers can now use Apple Pay to buy digital currencies on its platform. According to the statement, users with Mastercard or Visa debit card linked to their Apple Wallet will automatically get the Apple Pay option when buying crypto with Coinbase.

Also, the San Francisco-based crypto exchange noted that later this fall Google Pay will be added to its platform.

Prakash Hariramani, Senior Director Payments and Financial Hub at Coinbase expressed delight with the addition of Apple Pay. Hariramani revealed that the feature was added to make the platform more user-friendly, saying the move will boost crypto adoption.

Coinbase to Offer Instant Cash-Out via RTP

Coinbase via its blog post also announced a new feature that makes it faster for users to cash-out funds. The exchange will be making use of Real-Time Payments (RTP) instead of Automated Clearing House (ACH) transfers which take longer to provide users with the fastest cash-out service in the crypto space.

RTP will enable users in the U.S. with linked bank accounts to instantly and securely withdraw funds. In addition to fast and cheap withdrawals, RTP allows users to cash-out up to $100,000 per transaction.

Hariramani noted that the exchange will roll out more features that will expand users ability to buy cryptocurrencies. “We’re also expanding our global footprint. Coinbase now accepts crypto buys via linked Visa and Mastercard debit and credit cards in 20+ countries, with more on the way,” he added.

BTC Price

At the time of writing, Bitcoin price was up by 8.1%. The token was back above the 40k mark, trading at $43,780.02 with a market cap of $822 billion.

You can also check out Altcoin Buzz’s in-depth review of everything you need to know about Coinbase here.

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