Australian Bill payments Soon To Be Done With 50-100 Cryptocurrencies

Recently there is a good news for the Australians as now they will be able to pay their bills with the cryptocurrencies ranging from 50 to 100. This is possible because of a partnership between a bill payment company and a crypto exchange and the customers can use any coins from their Cointree accounts.

Gobbill which is a bill payment company has partnered with Cointree which is a crypto exchange platform. This partnership has enabled Australian Bill Payments in Cryptocurrencies. The partnership was announced on 20th August 2018.

The announcement was stated as,

“the global alliance [between the two companies] will allow users from both platforms to pay household bills using their crypto coins stored in Cointree’s wallet.”

The website of Gobbill reads that the bills issued from any Australian provider can be paid via their system, incorporating utilities, telecommunications, council rates, and insurance.

A representative from Cointree stated,

“We are currently working on the integration with Gobbill to allow bill payments to be paid using any coin listed on our exchange.”

He also added that the integration of the plan will be completed in the next one month and then users will be able to pay their bills with cryptocurrencies. The companies explained that,

Gobbill’s users “can link a crypto wallet in their account and elect to pay their bills either by credit card, bank account or a specified cryptocurrency regardless of whether the biller accepts the desired payment method.”

The project ‘Cointree and Gobbill Enable Australian Bill Payments in Over 50 Cryptocurrencies’ lists 27 cryptocurrencies namely: ADA, AE, AION, BCH, BTC, DASH, DGD, ES, ETC, ETH, ICX, IOST, LTC, NEO, OMG, ONT, PPT, QTUM, REP, SNT, TRX, VEN, XEM, XRM, XRP, ZL, ZRX.

There are 10 more Currencies that will be added once the next update is live. They are ZEC, LSK, BTG, DCR, SC, STEEM, GNT, DGB, BAT, and KMD.

There will be 50 to 100 coins that will be listed once the full integration is completed as per the statement by a representative by Cointree.

For more updates, stay tuned to CoinTopper.com