Payments News


Cryptocurrency exchange Coinbase to allow Faster Payments

“UK-based Coinbase users had been complaining that withdrawing money from the exchange was nearly “impossible”, because it involved using a Single Euro Payments Area (SEPA) transfer which is basically a bank transfer that crosses international borders. But Coinbase has now announced that the Faster Payments Service (FPS) – the usual way you send money between UK bank accounts – will replace SEPA transfers.”