In a move to further streamline cryptocurrency access for mobile users, Coinbase has officially integrated Samsung Pay as a new payment and funding option for customers in the United States and Canada.
The rollout allows users to directly link Samsung’s mobile wallet to their Coinbase accounts, enabling near-instant deposits and crypto purchases.
The feature is being introduced gradually, starting with a limited number of users this week, and is expected to become available to all eligible users across North America in the coming weeks.
Faster Deposits, Smoother Trades
The integration significantly reduces wait times typically associated with traditional bank transfers. By leveraging Samsung Pay, users can now deposit funds into their Coinbase accounts almost instantly. This development allows traders to capitalize on market movements more quickly without delays from external banking systems.
Samsung Pay currently boasts over 35 million active users in the U.S. alone, offering Coinbase access to a large base of mobile-first customers who prefer digital wallet solutions. This move aligns with Coinbase’s ongoing strategy of improving user experience and broadening access to digital finance.
Focus on Security and Simplicity
The partnership also places strong emphasis on security. Samsung Pay transactions are protected by tokenization, biometric authentication, and Samsung Knox—a hardware-based security platform embedded in Samsung devices.
Coinbase adds a layer of safety through its two-factor authentication process and cold-storage infrastructure, ensuring that both funds and user data remain secure.
This dual-layer protection system is designed to build trust among users who may be hesitant about transitioning from traditional banking platforms to cryptocurrency ecosystems.
Expanding Mobile Payment Capabilities
This is Coinbase’s second major integration with a mobile wallet, following its earlier adoption of Apple Pay in 2021. By partnering with two of the most popular mobile wallet providers in the world, Coinbase is positioning itself as a go-to platform for convenient, secure crypto trading via mobile devices.
Drew Blackard, Vice President of Mobile Product Management at Samsung Electronics America, emphasized that the collaboration reflects Samsung’s intent to work with credible and innovative partners. He stated that by offering seamless transitions between fiat and crypto, Samsung Pay aims to make digital transactions more efficient and accessible for users.
Keeping Up with Industry Rivals
The move comes amid growing competition in the crypto payment space. Platforms such as PayPal and Cash App have already integrated crypto purchase functionalities within their ecosystems, making it easier for users to buy and sell digital assets without relying on traditional exchanges.
With the addition of Samsung Pay, Coinbase strengthens its competitive edge, particularly among mobile-native users who demand instant and flexible payment solutions. The upgrade also aligns with broader industry trends focused on bridging traditional finance with blockchain-based services.
What This Means for Coinbase Users
Once fully rolled out, Samsung Pay users will be able to buy crypto assets like Bitcoin, Ethereum, and others directly through their mobile devices with just a few taps. The integration offers a seamless experience that supports fast transactions while maintaining robust security protocols.
As Coinbase continues expanding its payment options, it aims to reduce barriers to entry for everyday users and provide a more intuitive path toward digital asset adoption.
