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Seeking Alpha 2021-06-01 14:03:05

Coinbase card can be used with Apple Pay, Google Pay

Coinbase (COIN) stock gains 2.0% after the company said its Coinbase Card can be used with Apple Pay and Google Pay, and it's inviting select customers off its waitlist to apply for the card.Adding the card to Apple Pay and Google Pay makes it "even easier to spend crypto at home and on the go," the company said in a post.The card offers 4% in crypto rewards on customer purchases.The news comes as mobile phone payments rise steadily in the U.S., up 29% last year.Bitcoin (BTC-USD) trades up this morning, rising to $37.0K, ethereum (ETH-USD) climbs even more, rising 3.3% in last 24 hours to $2,627.

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