Cryptocurrency exchange Cointree, launched in 2013 with the purpose of making it easier for people to buy and sell bitcoin. Now they have 60,000 active members and have facilitated 100 million transactions. By partnering with automated billing platform Gobbill, they will make it possible for Australians to pay utility bills with cryptocurrency.

The user will be able to use their Cointree wallet and automatically pay utility bills in BTC, XRP, and nearly 40 other currencies. Gobbill will act as the middle-man and take the funds from customers and pay bills on their behalf in fiat, regardless of whether the bill issuer accepts cryptocurrency as a form of payment.

Cointree and Gobbill hope that this service which automatically takes payments in cryptocurrency will make the process more user-friendly and inspire those who have not previously been involved with cryptocurrencies to start trading.

Interestingly, Gobbill co-founder Shendon Ewans was a late adopter of cryptocurrency which is what made a partnership with Cointree attractive. As he says, cryptocurrency is the future utility, and whether we like it or not, it will be a part of our lives.

Shendon Ewans, said, “We anticipate a surge in the number of customers who would like to pay their bills in crypto in the coming years. Our partnership with Cointree will cater to this market and ensure Gobbill continues to remain ahead of the curve when it comes to allowing our users to pay their bills automatically while knowing they’re protected from fraud and scams.”

Jess Renden, Cointree operations manager, said, "Last year alone we had about $100 million of bills paid in Australia and saw ten times growth in this payment feature."

Paying bills with cryptocurrency has seen an explosion in Australia over the last several years, having grown by 3300% in a three-year period. This new system between Gobbill and Cointree, will likely allow further adoption from users in Australia looking to pay their bills in crypto.

Cointree eventually plans to offer its full service internationally, pending approvals from regulators.