Visa has announced a partnership with the cryptocurrency exchange Coinbase to enable instant deposits. Now, Coinbase users with eligible debit cards can instantly fund their accounts via Visa Direct, allowing them to respond more quickly to market changes in the cryptocurrency world.
Visa’s Head of Crypto, Kai Sheffield, emphasized that the new feature speeds up the funding process, minimizing traditional delays. Visa cardholders will also be able to withdraw funds to their bank accounts in real-time, simplifying transactions for cryptocurrency operations.