Coinbase Global Inc Says Interac, Payment Processor, Is Currently Experiencing An Outage That Will Impact Cad Withdrawals With Coinbase; Continuing To Monitor The Situation With Interac And Canadian Customers Can Still Use PayPal For Withdrawals
Portfolio Pulse from Benzinga Newsdesk
Coinbase Global Inc has announced that Interac, a payment processor, is experiencing an outage affecting CAD withdrawals. Canadian customers are advised to use PayPal for withdrawals while the situation is being monitored.

November 17, 2023 | 9:32 pm
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Coinbase Global Inc is facing a service disruption in Canada due to an outage with payment processor Interac, affecting CAD withdrawals.
The outage with Interac may lead to a temporary inconvenience for Coinbase's Canadian customers, potentially affecting the company's reputation and customer satisfaction in the short term. This could lead to a slight negative impact on COIN's stock price as investors react to potential disruptions in service and payment processing.
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