New York, Wednesday, October 30, 2024-Visa yesterday announced a partnership with Coinbase to integrate Visa Direct, enabling real-time account funding for Coinbase customers using eligible Visa debit cards.
This feature allows users to instantly deposit funds, enhancing flexibility for trading opportunities in the fast-paced crypto market.
The integration will enable Coinbase users across the US and EU to transfer funds to their accounts, purchase crypto, and cash out funds directly to bank accounts in real time.
Yanilsa Gonzalez Ore, Visa Direct’s Head of North America, noted that this partnership enhances money movement options for Coinbase customers, providing secure, round-the-clock access to funds.
Coinbase’s Akash Shah highlighted that the Visa Direct integration aligns with the company’s goal of increasing economic freedom by allowing users to move funds efficiently and securely.
This new service is expected to bridge traditional finance with blockchain, reducing wait times and enhancing user control over their finances.
The Visa Direct integration aims to strengthen Visa’s footprint in the crypto space while enhancing Coinbase’s service offering with a focus on speed, security, and reliability.
