Coinbase launches Visa debit card in Europe

Customers of the platform who reside in Spain, Germany, France, Italy, Ireland and the Netherlands may use the card as a means of payment in physical stores or to debit money at ATMs

The US-based exchange platform Coinbase unveiled the news of the launch of a Visa debit card in Spain, Germany, France, Italy, Ireland and the Netherlands.

Customers who reside in these six European countries can use TDD to pay in physical stores, but also to withdraw money at ATMs.

According to Coinbase’s information, “the card is accompanied by an application for mobile devices, available for the iOS and Android operating systems, from which the associated account can be managed.” The physical product can be used at ATMs to withdraw fiat money.”

The platform’s executive director, Zeeshan Feroz, pointed out that users can already pay for various products with their cryptocurrencies; that is, with bitcoins, litecoin and others in stores that accept Visa brand cards.

“Users will be able to decide which cryptocurrency they want to use to make a payment through the application, while the exchange is in charge of converting the crypto assets into fiat money, in exchange for a small commission for the operations carried out,” Feroz said.


Source: Diario Bitcoin

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