Coinbase is currently a major member of Visa, as announced on 19 February. This will allow her to issue debit cards without having to rely on third parties.
This membership is an evolution of Coinbase's current relationship with Visa, where the exchange currency crypto provides a Visa-based debit card. The card, known as the Coinbase card, enables customers residing in the European Union or the European Community to issue multiple crypto currencies.
Although the card itself can operate globally, it cannot be ordered by people outside the supported areas. Coinbase informs you that the card is most commonly used in the UK, followed by Italy, Spain and France.
Through direct integration with Visa, Coinbase promises to be able to provide additional services and support more markets. The company claims to be the first "pure game crypto company" to become its main member.
The current iteration of the card was launched in 2019 in the UK, but Coinbase previously operated the crypto Shift card, which drew funds from the user's exchange balance. The service was launched in 2015.
