Coinbase Wallet is about to launch a "Tap to Pay" crypto solution, joining the ranks of Cash App, Venmo, PayPal and other fast payment companies.
Coinbase Wallet head and Base founder Jesse Pollak revealed in an interview that the feature is "currently in internal alpha" and the full release is "coming soon."
"Tap to Pay will be a huge development, especially for the long tail of merchants who may currently be using Cash App, Venmo or PayPal," he said at the DevCon conference in Bangkok on November 13. "We can give them a better, faster, more global Tap to Pay experience that will be used in countries around the world. I think this will have a huge impact."
In addition, Pollak hopes to integrate 50 countries into Coinbase Wallet by the end of 2025. Pollak noted that part of the integration will involve connecting user bank accounts to Coinbase wallets. (Cointelegraph)