Visa and Coinbase Launch Instant Crypto Purchases with Debit Cards! πŸ’³

Summary:

  1. New Partnership Announcement
    Visa has partnered with Coinbase to enable customers with eligible debit cards to make real-time crypto purchases and deposits into their Coinbase accounts.

  2. Instant Fund Deposits
    This development allows Visa customers in the US and European Union to deposit funds sometimes instantly, enhancing the customer experience.

  3. Increased Trading Opportunities
    Yanilsa Gonzalez Ore, head of Visa Direct for North America, stated that eligible Visa debit card holders can now β€œtake advantage of trading opportunities day and night.”

  4. Additional Features
    Customers can buy cryptocurrencies on Coinbase using their eligible debit cards and can also cash out their funds to a bank account through the same card.

  5. Expanding Payment Solutions
    This partnership expands Visa’s offerings in the cryptocurrency space, further integrating digital currency into everyday financial transactions.

Read more at: Bloomberg

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