Coinbase’s latest app update is out now, and it introduces Apple Pay support for crypto purchases. The San Francisco-based digital wallet provider has integrated Apple Pay for crypto purchases. Though a service for digital goods isn’t exactly a huge benefit for consumers, it’s still a pretty big deal for Coinbase. The company has been ramping up its crypto trading capabilities over the past year, making it a viable competitor to the likes of Gemini, and it looks like its onboarding support for Apple Pay is part of a bigger plan at the company.

Coinbase is popular for its mobile bitcoin wallet, and now it’s integrating Apple Pay. The company is rolling out its iOS app in beta today, and says it’ll have a public beta available by the end of the month. When the app is ready, you’ll be able to view all of your Coinbase wallet balances and transactions, and can also send and request bitcoin and bitcoin cash. Coinbase says it’s also working on integrating with Venmo and Square Cash.

Coinbase has announced that soon, Apple Pay will be able to be used in Coinbase to make cryptocurrency investments. The iPhone-only payment system has a user base of over 30 million, which is likely to give the company a significant advantage over its competitors.. Read more about apple pay cryptocurrency and let us know what you think.

Coinbase now accepts Apple Pay for cryptocurrency purchases |

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For its crypto payments services, the crypto exchange has partnered with one of the world’s most prominent payment processors.

1 minute read by Shaurya Malwa on August 9, 2021 at 3:20 pm UTC

Coinbase integrates Apple Pay for crypto investments |

Coinbase, a US crypto exchange, said last week that customers may now buy cryptocurrency on its app using debit cards connected to Apple Pay accounts.

According to estimates, Apple Pay is one of the most popular mobile payment services in the world, with 43.9 million users in 2021 alone. Historically, the business has shied away from crypto applications and is extremely picky about what it permits to be featured, but that seems to be changing.

Coinbase now accepts Apple Pay for bitcoin purchases, allowing customers to pay using debit cards connected to Apple’s system.

August 6, 2021 — AppleInsider (@appleinsider)

Purchases made using Apple Pay

All Coinbase users can now purchase Bitcoin, Ethereum, Litecoin, and the other cryptocurrencies listed on the platform using Apple Pay: “Fast, familiar, and secure ways to move money in and out of Coinbase are key to bringing more people into the crypto-economy for the first time,” said Prakash Hariramani, senior director—payments and financial hub, Coinbase.

“We’re providing new and frictionless methods to allow crypto buys with connected debit cards to Apple Pay and Google Pay, as well as fast cashouts up to $100,000 per transaction accessible 24 hours a day, seven days a week,” he said.

A Google Pay integration is expected soon, opening up Coinbase’s services to a potential 150 million around the world (based on if Coinbase allows users from all countries in the future).

Meanwhile, Coinbase said that it is the first crypto exchange to provide immediate cashouts through Real-Time Payments (RTP), which allows clients in the United States with connected bank accounts to cash out up to $100,000 per transaction quickly and securely.

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After years of not accepting Bitcoin or other cryptocurrencies as payment, Coinbase has just announced its plans to add Apple Pay support to its platform. The news follows on the heels of rumors that Coinbase has been approached by multiple potential acquirers.. Read more about coinbase card and let us know what you think.

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