Online shoppers who pay with their Coinbase Card on Apple Pay and Google Pay will begin enjoying crypto rebates.
In an announcement on the Coinbase blog issued on Tuesday, the exchange service revealed that starting in June, some whitelisted customers will be selected to begin enjoying the crypto rebate feature.
As part of the announcement, Coinbase revealed that customers who use their Coinbase Card on Apple Pay and Google Pay can earn up to 4% in crypto rewards for online shopping.
“Splurging for guacamole with your Coinbase Card is a no-brainer when you can earn 1% back in Bitcoin or 4% back in Stellar Lumens,” the announcement added.
As previously reported by Cointelegraph, Coinbase became a direct Visa card issuer back in February 2020. By March 2020, Coinbase Card users in Europe could already utilize their cards on Google Play.
The Coinbase announcement comes amid significant growth in mobile phone payments in the United States. While mobile phone payment penetration in the U.S. still