Coinbase debuts crypto rebate for online shopping via Apple Pay and Google Pay

Whitelisted Coinbase Card consumers will beable to use crypto to cover on Apple Pay and Google Pay while still making around 4 percent inrebates.
Online shoppers who pay with their Coinbase Card on Apple Pay and Google Pay will probably begin enjoying crypto rebates.In a statement on the Coinbase website issued on Tuesday, the market service revealed that starting from June, a few whitelisted customers will be selected to begin appreciating the crypto rebate feature.As part of the announcement, Coinbase shown that customers who use their Coinbase Card on Apple Pay and Google Pay could earn up to 4 percent in crypto rewards for online shopping. “Splurging for guacamole with your Coinbase Card is a no-brainer when you can earn 1% back in Bitcoin or 4 percent back in Stellar Lumens,” the announcement added.As previously reported by Cointelegraph, Coinbase turned into a direct Visa card issuer back in February 2020. From March 2020, Coinbase Card consumers in Europe could already utilize their cards on Google Play.The Coinbase announcement comes amid significant growth in cell phone payments in the USA. Apart from the around 4 percent in crypto rebates, the market says it has other plans to enlarge its own Coinbase Card reward program. Since June 2019, Coinbase Card has included more countries to its coverage while raising the encouraged virtual monies to even include stablecoins like Dai (DAI).Crypto debit cards are continued to be viewed a substantial part of the efforts to promote retail cryptocurrency use for microtransactions. Meanwhile, payment giants like PayPal Also Have entered the retail crypto payment arena with U.S. customers ready to pay for Internet shopping using Bitcoin (BTC).According into a Mastercard poll from May, 40% of respondents across the World have expressed interest in embracing crypto payments in 2022

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