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American financial services company that facilitates money transfers through credit cards.

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Coinbase Visa Card Expands Offerings in Europe with 5 New Cryptos

Coinspeaker Coinbase Visa Card Expands Offerings in Europe with 5 New CryptosIt is no secret that cryptocurrency is been used more and more around the world as both an investment tool but also for everyday use and this is being facilitated by many merchants around the globe who are starting to accept cryptocurrency as a form of payment for their goods and services and also the many platforms that are facilitating the easy spending of cryptocurrency. One of these is the Visa debit card by Coinbase that allows customers to spend the cryptocurrency out of their Coinbase account as easy as they would fiat currency and this is believed to be one of the next steps in the maturation of cryptocurrency in the global market.It seems Coinbase intends to expand on its already impressive efforts as it was recently announced of their Visa debit card will be adding five more cryptocurrency options to its roster as well as expanding its availability to 10 more European countries.New Offerings and New RegionsThe five new cryptocurrencies that have been added to the roster for Coinbase’s Visa debit card are XRP, Basic Attention Token (BAT), Augur (REP), 0x (ZRX) and Stellar (XLM) and these are in addition to Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH) and Litecoin (LTC) which are already available. An expanded list of cryptocurrencies is not the only benefit for customers as the card is now available in more European countries such as Bulgaria, Croatia, Denmark, Hungary, Iceland, Liechtenstein, Norway, Poland, Romania, and Sweden. According to the management of Coinbase, this new effort is to benefit customers and also to expand the use of the card across the globe.“By more than doubling the number of assets our customers can spend on Coinbase Card, as well as introducing the card to 10 new countries, Coinbase continues to help drive crypto’s role as a utility, and not just an investment,” said Zeeshan Feroz, CEO at Coinbase UK. This is a rather interesting take as it is well known that there are many who view cryptocurrency as a valid investment and a good means of making a profit but do not have great confidence in it as a store of value. Some of the reasons for this include a constantly fluctuating value of many cryptocurrencies as well as the fact that they are decentralized and this according to some, makes them not a real currency. Thankfully, attitudes towards cryptocurrency use are changing and the expansion of the offerings of the Coinbase Visa debit card shows that there is truly a market and an audience for the use of cryptocurrency for everyday goods and services payment.Coinbase Visa Card Expands Offerings in Europe with 5 New Cryptos

Coinbase Announces Crypto Visa Card Support For XRP, XLM, Augur, 0x, and BAT

Cryptocurrency services have recently been expanding supported assets in a bid to create wider adoption for more of the market, and also expand its customer base to include users who might prefer one asset to the other. According to Coinbase, support for its Visa debit card has now been extended to include five altcoins and will allow users from a total of 29 European countries. In a series of tweets posted on Thursday, Coinbase first announced that the five new coins now supported are Basic Attention Token (BAT), XRP, Augur (REP), Stellar (XLM) and 0x (ZRX), allowing users to spend these assets from their respective wallets. Taking the total of supported assets on the card to nine, the previous ones include Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH) and Litecoin (LTC). Shortly after, Coinbase posted another tweet announcing that ten new countries had also been added to the previous 19 the card supports. The new locations include Bulgaria, Croatia, Denmark, Hungary, Iceland, Liechtenstein, Norway, Poland, Romania, and Sweden. Back in April, Coinbase announced the launch of the Coinbase Card powered by Visa, which gives customers the opportunity to spend their crypto, making easy and quick payments. The card also supports online transactions, and can also be easily used to withdraw cash from regular ATMs. For cash transactions, however, Coinbase will immediately convert the preferred crypto used in the transaction to fiat currency, and charge a fee. For ease, Coinbase also launched the Coinbase Card app together with the card, to allow users easy management of assets and a seamless way to fund their accounts. Coinbase somewhat joins Abra, a digital currency wallet and investment app that recently announced to its users, the expansion of its supported apps, adding 60 more. In its quest for expansion as well, Abra also doubled its daily, weekly and monthly deposit limits for all of its users to $4,000, $8,000 and $16,000 respectively. The post Coinbase Announces Crypto Visa Card Support For XRP, XLM, Augur, 0x, and BAT appeared first on ZyCrypto.

Coinbase’s crypto Visa debit card adds support for XRP and 4 more coins

Cryptocurrency exchange Coinbase’s Visa debit card has today added support for XRP and four more coins. The four coins are Brave browser’s basic attention token (BAT), Augur (REP), Stellar (XLM) and 0x (ZRX), Mashable reported Thursday, citing a statement from Coinbase. Coinbase Card, which allows customers in the U.K. and EU to spend their cryptocurrencies directly from their Coinbase accounts, was launched in April and has already been supporting (bitcoin), ether (ETH), bitcoin cash (BCH) and litecoin. "Since launching earlier this year, Coinbase Card has helped tens of thousands of users spend their crypto as easily as the money in their bank accounts. With Christmas approaching, the demand for Coinbase Card will be will higher than ever," said JD Millwood, head of marketing at Coinbase UK. Coinbase Card has also expanded its reach to ten new countries in Europe, bringing the total to 29, per the report. The newly supported countries are Bulgaria, Croatia, Denmark, Hungary, Iceland, Liechtenstein, Norway, Poland, Romania, and Sweden.
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Ripple’s Associate Nium Partners Visa – Making Cross Border Payments In Southeast Asia Superfast

In a recent development, a press release by Nium Pte. Ltd., as published by Finextra reveals that the company will be partnering with one of the world’s financial giants, Visa. As a result of this partnership, VISA debit cardholders in Southeast Asia will be able to receive monies sent to them in real-time, using Visa Direct. As of the time of the press release, the system is already live in Singapore, with a promise to initialize in five other Asian countries in its first phase. Nium Partners Visa, Making Cross Border Payments In Southeast Asia Superfast Formerly InstaReM, now Nium is one of the early adopters of the Ripple’s XRP-powered cross border payment solutions, On-Demand Liquidity (ODL). As per the report, Nium will now be partnering with Visa to further its cause of an instant cross-border payment to people and businesses in the Southeast Asian users. At the moment, this service is active in Singapore. It plans to include Indonesia, Malaysia, Thailand, Vietnam, and the Philippines in the first phase of this project. When this is completed, cross border payment transfers between people or businesses will significantly improve. Speaking on the new development, Prajit Nanu, co-founder, and CEO of Nium said; “At Nium, we understand that individuals’ and businesses’ need to receive money quickly, especially in markets where there are no instant payment solutions like FAST or IMPS. The partnership using Visa’s push payment solution and secure network will allow our consumers to transfer money in a faster, convenient and more secure way.” In confirmation to that, Kunal Chatterjee, who is Visa’s Country Manager for Singapore and Brunei also said; “Nium is the first Fintech partner from Visa’s Fintech Fast Track programme to deliver real-time remittance using our push payment solution Visa Direct. From our survey findings, more than half of respondents usually send international money transfers to either their personal or loved ones’ bank accounts and one of the most important factors they look at is for money to be transferred in real-time. Given that our domestic transfer solutions are already real-time using the FAST infrastructure, it is important to provide consumers with the same speed and efficiency for cross border international transfers. We are pleased to work with Nium to leverage Visa’s global payments network to bring this seamless and secure payment experience to consumers in this region.” This new partnership could open more use cases for XRP in more countries as Ripple continues to deliver on its mission to making cross border payments easier than ever. The post Ripple’s Associate Nium Partners Visa – Making Cross Border Payments In Southeast Asia Superfast appeared first on ZyCrypto.
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