Coinbase has partnered with JPMorgan Chase to provide integrated credit card services and account linking, as well as a transferable rewards program for its over 80 million customers globally.
As per the press release, starting in fall 2025, Coinbase users will be able to make seamless purchases directly on the Coinbase app and website without having to re-enter their banking information each transaction. This integration is a significant step forward for the company’s strategic partnership goals.
Further, it has been announced that Chase cardholders will have the option to link their credit cards directly within the Coinbase app and website from 2026 onwards, eliminating the need to repeatedly enter payment details during transactions.
This innovative partnership marks the second major collaboration agreement between Coinbase in just two days. Yesterday, the exchange revealed its partnership with Samsung Pay and Samsung Wallet services, enabling seamless transactions for users without requiring re-entry of payment information.
The company has been quite active recently, as it also partnered with PNC Bank to provide institutional cryptocurrency trading and custody services to its banking customers through its platform.
In anticipation of its Q2 earnings report due after the market closes on July 31, some analysts have predicted that Coinbase’s $COIN stock may post higher year-over-year revenue but lower adjusted EBITDA for the second quarter.
Source: www.coinspeaker.com