Coinbase announced support for buying bitcoin with 3D Secure-enabled credit and debit cards for users located in 26 countries in Europe. Now customers across 26 countries can buy bitcoin “instantly”. Previously, users could top up their accounts via bank transfer.
Once you have added an eligible card, you will be able to select this payment method from the buy page to instantly purchase bitcoin in GBP or EUR.
3D Secure enables two-factor authentication for making purchases with a credit or debit card. Visa’s 3D Secure protocol, which requires users to verify their identity via password, is supported by most banks in Europe and UK. While instant, Coinbase will charge a 3% ‘convenience fee’ for the faster service. Currently only Visa, Mastercard and Maestro cards are accepted.