Visa, Coinbase Offer Real-Time Crypto Purchases Via Debit Cards

Visa customers with eligible debit cards will be able to deposit funds into their Coinbase accounts — sometimes instantly — via a partnership announced by the payments giant and crypto exchange. Coinbase already has millions of connections to customers’ debit cards but this new development allows for the real-time flow of funds for customers in the US and European Union.

Eligible Visa debit card holders can now “take advantage of trading opportunities day and night,” said Yanilsa Gonzalez Ore, head of the Visa Direct business for North America. Visa, which powers the Coinbase debit card, said customers will also be able to buy cryptocurrencies on Coinbase with an eligible debit card and cash out their money from the platform to a bank account, also via the card.