There’s some great news for all Coinbase and Google Pay users out there. Android users can now add the Coinbase Card to their Google Pay wallets. This means that customers can now use Google Pay out in the wild using their cryptocurrency. According to an announcement from Coinbase, the ability to link Coinbase’s Visa debit card with Google Pay will provide customers with a fast and secure way to pay with their supported smart devices using their crypto balances.
Where are Google Pay and Coinbase Card payments supported?
At the moment, Coinbase Card payments using Google Pay are currently only supported in the European region. Countries include:
- United Kingdom
- Republic of Ireland
- Czech Republic
A debit card for your cryptocurrency
The Coinbase VISA debit card was launched in April of 2019 to allow users to spend their cryptocurrency out in the real world. Since its initial launch, it is currently only available in Europe. How it works is any fiat money you spend at, say a coffee shop, is paid for with the equivalent balance in crypto that is located in your Coinbase account. Many tokens including Bitcoin (BTC), Ethereum (ETH) and XRP are supported. Your crypto can be used as cash at any place where VISA is accepted.
Currently, using the Coinbase Card with Google Pay is only supported on Android smart devices. Adding the card to Google Pay is as simple as adding a credit card and does not require any extra steps. Coinbase does have an iOS app, however, integration with Apple Pay is not available (yet).
For those looking to add another layer of security to their crypto, the CoolWallet S would make a great pair with the Coinbase Card. Balances not being used on Coinbase could easily be tr ansferred for safekeeping on the CoolWallet. With the convenience of the CoolBitX app, balances from the CoolWallet can be transferred instantly back into Coinbase when needed.
While we do not have any sort of affiliation or partnership with Coinbase, we feel that this news represents a pivotal stride for both the crypto and financial markets. The ability to spend cryptocurrency in the real world definitely helps bridge the gap between both markets. It is innovations and partnerships like this that will help move us into a more decentralized future.