{"id":174028,"date":"2024-10-30T12:22:43","date_gmt":"2024-10-30T12:22:43","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=174028"},"modified":"2024-10-30T12:22:55","modified_gmt":"2024-10-30T12:22:55","slug":"visa-partners-with-coinbase-to-offer-instant-account-deposits-and-cashouts","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/visa-partners-with-coinbase-to-offer-instant-account-deposits-and-cashouts\/","title":{"rendered":"Visa Partners with Coinbase to Offer Instant Account Deposits and Cashouts"},"content":{"rendered":"<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">TL;DR<\/span><\/p>\n<ul style=\"text-align: justify\">\n<li><strong><span data-preserver-spaces=\"true\">Visa partners with Coinbase to offer real-time account deposits and cashouts<\/span><\/strong><span data-preserver-spaces=\"true\"> for U.S. and European customers, leveraging Visa Direct&#8217;s capabilities.<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">The integration allows instant deposits into Coinbase accounts using eligible Visa debit cards<\/span><\/strong><span data-preserver-spaces=\"true\">, enhancing financial control and trading opportunities.<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">The partnership supports instant cashouts to bank accounts<\/span><\/strong><span data-preserver-spaces=\"true\"><span data-preserver-spaces=\"true\">, expanding Coinbase&#8217;s financial services and bridging the gap between traditional finance and blockchain technologies.<\/span><\/span><br \/>\n<hr \/>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify\"><strong><span data-preserver-spaces=\"true\">Visa has <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/investor.visa.com\/news\/news-details\/2024\/Coinbase-to-Integrate-Visa-Direct-to-Deliver-Real-Time-Account-Funding-for-Customers\/default.aspx\" target=\"_blank\" rel=\"noopener\" data-wplink-edit=\"true\"><span data-preserver-spaces=\"true\">announced<\/span><\/a><span data-preserver-spaces=\"true\"> a groundbreaking partnership with Coinbase, aimed at enhancing the financial flexibility of <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/crypto-economy.com\/what-are-cryptocurrencies-and-which-are-the-best-to-invest-in\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">cryptocurrency <\/span><\/a><span data-preserver-spaces=\"true\">users<\/span><\/strong><span data-preserver-spaces=\"true\">. This collaboration introduces real-time account deposits and cashouts for Coinbase customers in the U.S. and Europe, leveraging Visa Direct&#8217;s capabilities. <\/span><!--more--><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">The integration allows users to deposit funds into their Coinbase accounts instantly using eligible Visa debit cards, significantly improving the speed and efficiency of transactions.<\/span><\/p>\n<h2 style=\"text-align: left\"><span data-preserver-spaces=\"true\">Benefits of Visa Direct Integration<\/span><\/h2>\n<p style=\"text-align: justify\"><strong><span data-preserver-spaces=\"true\">The Visa Direct network is a modular, open-source framework<\/span><\/strong><span data-preserver-spaces=\"true\"> designed to facilitate quick and secure money movement. By integrating with Visa Direct, <\/span><strong><a class=\"editor-rtfLink\" href=\"https:\/\/crypto-economy.com\/coinbase-review\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Coinbase <\/span><\/a><span data-preserver-spaces=\"true\">customers can now enjoy real-time deposits and cashouts<\/span><\/strong><span data-preserver-spaces=\"true\">, providing them with greater control over their finances. <\/span><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">This feature is particularly beneficial in the dynamic crypto environment, where trading opportunities can arise at any moment. <\/span><strong><span data-preserver-spaces=\"true\">Yanilsa Gonzalez Ore<\/span><\/strong><span data-preserver-spaces=\"true\">, Head of Visa Direct for North America,<\/span><strong><span data-preserver-spaces=\"true\"> emphasized that this integration allows Coinbase users to take advantage of trading opportunities day and night<\/span><\/strong><span data-preserver-spaces=\"true\">, enhancing their overall user experience.<\/span><\/p>\n<h2 style=\"text-align: left\"><span data-preserver-spaces=\"true\">Enhanced User Experience<\/span><\/h2>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">In addition to real-time deposits, <\/span><strong><span data-preserver-spaces=\"true\">the partnership also supports instant cashouts to bank accounts via Visa Direct<\/span><\/strong><span data-preserver-spaces=\"true\">, provided the user has an eligible Visa debit card. This feature aligns with Coinbase&#8217;s goal of increasing economic accessibility and providing users with greater financial control. <\/span><\/p>\n<p style=\"text-align: justify\"><strong><span data-preserver-spaces=\"true\">Akash Shah,<\/span><\/strong><span data-preserver-spaces=\"true\"> Senior Director of Product Management at Coinbase, <\/span><strong><span data-preserver-spaces=\"true\">highlighted that the new service offers users more streamlined financial access<\/span><\/strong><span data-preserver-spaces=\"true\">, allowing them to move money seamlessly and capitalize on market movements.<\/span><\/p>\n<h2 style=\"text-align: left\"><span data-preserver-spaces=\"true\">Expanding Financial Services<\/span><\/h2>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-174029\" src=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/10\/CoinbaseVisaCard.jpg\" alt=\"Visa Partners with Coinbase to Offer Instant Account Deposits and Cashouts\" width=\"825\" height=\"300\" srcset=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/10\/CoinbaseVisaCard.jpg 825w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/10\/CoinbaseVisaCard-300x109.jpg 300w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/10\/CoinbaseVisaCard-768x279.jpg 768w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/><\/p>\n<p style=\"text-align: justify\"><strong><span data-preserver-spaces=\"true\">This partnership builds on Coinbase&#8217;s existing financial services, including the Coinbase Visa debit card<\/span><\/strong><span data-preserver-spaces=\"true\">, which allows users to make purchases online and in-store, as well as withdraw cash from ATMs. <\/span><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">The addition of real-time deposits and cashouts further enhances the platform&#8217;s offerings, making it more convenient for users to manage their crypto assets. <\/span><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">The integration with Visa Direct also supports Coinbase&#8217;s mission of bridging the gap between traditional finance and blockchain technologies, minimizing waiting periods for fund availability.<\/span><\/p>\n<h2 style=\"text-align: justify\"><span data-preserver-spaces=\"true\">Future Prospects<\/span><\/h2>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">Looking ahead, <\/span><strong><span data-preserver-spaces=\"true\">the partnership between Visa and Coinbase is expected to drive further innovation in the cryptocurrency space<\/span><\/strong><span data-preserver-spaces=\"true\">. By offering instant account deposits and cashouts, the collaboration sets a new standard for financial services in the crypto industry. <\/span><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">As the demand for immediate fund availability continues to grow, this partnership positions both Visa and Coinbase at the forefront of financial technology, paving the way for more seamless and efficient transactions in the future.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Visa partners with Coinbase to offer real-time account deposits and cashouts for U.S. and European customers, leveraging Visa Direct&#8217;s capabilities. The integration allows instant deposits into Coinbase accounts using eligible Visa debit cards, enhancing financial control and trading opportunities. The partnership supports instant cashouts to bank accounts, expanding Coinbase&#8217;s financial services and bridging the &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Visa Partners with Coinbase to Offer Instant Account Deposits and Cashouts\" class=\"read-more button\" href=\"https:\/\/crypto-economy.com\/visa-partners-with-coinbase-to-offer-instant-account-deposits-and-cashouts\/#more-174028\" aria-label=\"More on Visa Partners with Coinbase to Offer Instant Account Deposits and Cashouts\">Read more<\/a><\/p>\n","protected":false},"author":32,"featured_media":174030,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[102,84,74],"tags":[4642,5536,4656,4904],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/174028"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=174028"}],"version-history":[{"count":2,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/174028\/revisions"}],"predecessor-version":[{"id":174032,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/174028\/revisions\/174032"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/174030"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=174028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=174028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=174028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}