Australians Can Pay The Bills With Bitcoin

Nishanth Shetty

August 21, 2018 4:41 pm

Crypto Exchange

Australians Can Pay The Bills With Bitcoin | Coindelite News
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According to the reports, Cointree and Gobbil have partnered to allow Australians to pay their bills using digital currency.

Cointree is a cryptocurrency exchange platform while Gobbil is a billing platform. Together, both the companies have launched a cryptocurrency bills payment system. The system helps the business to accept cryptocurrencies for payments.

Cointree already has a digital currency bill payment feature. But the exchange believes that the partnership would help in creating more robust services for the customers.

The reports stated that Gobbill would be acting as an intermediary through collecting the funds and settling the bills on behalf of the customers.

Shendon Ewans, Co-founder, Gobbill stated that his firm has already launched the platform; But the collaboration with Cointree will make the firm see more growth. Gobbil already allows its customers to pay bills through cards and now through cryptocurrencies.

Jess Rendon, Operations Manager, Cointree said last year her company had around $10 million of bills paid and saw ten times growth in this payment method.

When we talk about cryptocurrencies, Bitcoin the world’s first cryptocurrency hiked to near $19,500 by the end of December 2017. At the time of writing, Bitcoin’s price was at $6460.

Jess Rendon shared her thoughts on Bitcoin price fluctuation. She said the market would go up and down; we expect a magic ball which could tell us when the price will grow and fall. We have so many customers with their different investment strategies. It is not always about price dips or highs.

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