Visa has announced a partnership with Coinbase, a well-established platform for cryptocurrencies, facilitating a range of enhanced services for users in the United States and European Union. This collaboration enables seamless, secure, and instantaneous financial transactions for Coinbase customers. By utilizing the advanced capabilities of the Visa Direct network, users can now deposit funds to their Coinbase accounts instantaneously through eligible Visa debit cards.
Visa Direct plays a pivotal role in ensuring swift and secure transactions, effectively merging traditional financial systems with blockchain innovations and significantly reducing the delay in fund availability.
This enhanced functionality allows Coinbase users to leverage their eligible Visa debit cards for real-time account funding, direct cryptocurrency purchases, and immediate cash withdrawals to their bank accounts.
Moreover, Visa and Coinbase continue to offer a dedicated Coinbase Visa debit card specifically for US-based customers.
