Coinbase Integrates Samsung Pay for Crypto Purchases in US and Canada

Coinbase has integrated Samsung Pay, allowing US and Canadian users to fund accounts and buy crypto directly The move gives Coinbase access to Samsung Pay’s massive user base of over 30 million people in the US alone Shares of Coinbase (COIN) saw a modest uptick in pre-market trading following the major announcement Coinbase has added Samsung Pay as a payment and deposit option for its users in the United States and Canada. The rollout began this week for select accounts and will expand further in the coming weeks. However, despite the major partnership news, shares of Coinbase (NASDAQ: COIN) saw a modest 0.56% decline in pre-market trading to $377.10 , indicating a muted or negative initial reaction from investors. This integration allows Samsung Pay users to fund their Coinbase accounts directly and purchase cryptocurrency within the platform, linking Coinbase’s trading infrastructure with Samsung’s massive mobile payment system. Drew Blackard of Samsung Electronics America stated that the move aligns with Samsung’s efforts to work with industry leaders. Faster Processing and Combined Security Measures The integration offers significantly faster tr… The post Coinbase Integrates Samsung Pay for Crypto Purchases in US and Canada appeared first on Coin Edition .

Source: Coin Edition