Google Pay Opens Door to Mainstream Payments for Coinbase's Crypto-Debit Card
Nicholas Otieno Mar 19, 2020 01:40
Coinbase Card and Google Pay have partnered to increase the liquidity of cryptos and provide a new form of convenient payment options to clients. Coinbase customers now can use their cards via easy mainstream mobile payments.
Coinbase and technology giant Google have partnered to enable Android and iOS users to link their crypto-based Coinbase card into their Google Pay wallets, facilitating cryptocurrency payments on a mainstream platform used by millions.
Android and iOS Users Can Now Make Crypto Payments
Coinbase card (a visa-based debit card), which can be funded with crypto, is now working with Google Pay. This makes Coinbase, the largest crypto exchange company in the US, the first firm to enable android and iOS users to make mobile payments with cryptocurrencies. Android clients can now add the Coinbase visa debit card directly to their Google Pay wallet and pay with cryptocurrency for various services on the app.
Google Pay gives Coinbase card users a secure and quick approach to pay using their smartwatches, tablets, smartphones, and other Google Pay-enabled devices. Android clients can pay with Google Pay for anything using their crypto in a cheap, fast, and the most secure conceivable way. Clients will be able to tap into various cryptos like Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Bitcoin (BTC), and digital assets like XRP (XRP), stellar lumens (XLM), and basic attention token (BAT) balances to make daily purchases.
Coinbase card payments on Google Pay is now available for clients in 14 countries such as France, the US, the UK, Belgium, Finland, Ireland, Italy, Poland, Croatia, Czech Republic, Sweden, Norway, Denmark, and Slovakia. The crypto exchange firm intends to work on expanding the integration to other EU regions later this year.
Clients who intend to enjoy the valued benefits of paying with cryptos on Google Pay should go ahead and download the Coinbase card app on iOS and android devices and sign in using Coinbase account credentials. Once a client has requested a card, he or she can add it to Google Pay app and spend crypto with it to pay or buy anything even before the arrival of the physical card.
As an effort to power online, in-store, and peer-to-peer payment worldwide, Google Pay is anticipated to expand its users to 100 million globally in 2020, up from 39 million in 2018. The popular digital wallet is the second most widely utilized contactless mobile payment provider along with Korean tech Samsung, which is on the right track to having the same numbers of users worldwide. The two firms trail only Apple Pay that has more than 220 million users globally.
The Bid to Make Coinbase Payment Available in Several Regions is real
Based in San Francisco, Coinbase has been active in its to provide mobile payment facilitated through users’ crypto balances. In February 2020, the company partnered with the credit card giant Visa to make it possible to bring the Visa debit card accessible to UK and Europeans customers. The latest Coinbase’s move to support the Goggle Pay integration is set to enable the company to expand its availability to more markets.
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