Coinbase & Tink Launch “Pay by Bank” Crypto On-Ramp for German Users

The U.S.-based cryptocurrency exchange Coinbase and Europe’s open banking specialist Tink (a subsidiary of Visa) have joined forces to roll out the “Pay by Bank” payment method in Germany. Under the arrangement, German users of Coinbase can buy and sell crypto assets by topping up their Coinbase accounts directly from their bank accounts — no manual entry of card or bank-details required.

The Pay by Bank method allows consumers to initiate a transfer from their bank account straight into Coinbase, leveraging open banking APIs rather than traditional payment rails. This reduces friction, speeds up funding, and enhances user experience.

According to Denny Morawiak, Managing Director of Coinbase Germany: “The partnership is part of our constant efforts to expand our service offering in Germany and underscores our commitment to being the most trusted and compliant offering in the German market.” By embedding Tink’s technology, Coinbase expects German customers to be able to top up in just a few taps, integrating bank-account funding more seamlessly into the crypto buying process.

This move aligns with broader European trends: Germany has been actively embracing open banking payment options such as Pay by Bank, which experts describe as a brand-agnostic term for account-to-account payments in the checkout flow.

Reference: Finextra