Coinbase introduces Coinbase Business
Coinbase is launching Coinbase Business – a modern financial stack built with the speed and scale of crypto.
Coinbase Business is purpose-built for modern operations and designed to streamline financial workflows for small-to-medium-sized businesses (SMBs) and startups. Whether you’re looking to send and receive payments, manage crypto assets, or automate payouts, Coinbase Business allows you to do it all in one secure account.
Coinbase Business enables you to adopt crypto with less friction, combining our trusted infrastructure with a solution that combines simplicity, speed, and cutting-edge features.
The platform offers:
- Effortless Crypto Payments
Coinbase Business brings instant settlements to the table so you can accept customer payments in crypto and simultaneously pay vendors, employees, and partners with ease. You can also connect Coinbase to your existing tech stack using integrated APIs for a seamless experience, and refill your wallet or cash out revenue right into your connected business bank account.
- Trade and Manage Crypto in One Place
You can buy, sell, and exchange crypto directly from your business account. Multi-user access will become available in the coming months, too, so that your entire team can manage the account without compromising control over crypto workflows.
- Boost your Passive Income with USDC
Customers earn up to 4.1% APY on their USDC, putting your funds to work while retaining the flexibility to use them anytime.
- Simplified Onboarding
The approval process is fast, allowing businesses to get started in as little as two days. No need for sales calls, giving you the flexibility to start on your own terms and at your own pace.
- Seamless Accounting
Coinbase Business will offer streamlined accounting reconciliation into platforms including Quickbooks and Xero via trusted partners Cointracker and CryptoTaxCalculator.
To apply for early access to the Coinbase Business alpha, visit this page.