Gobbill, Cointree partner to enable bill payments with cryptos
Automated bill payment solution Gobbill has partnered with cryptocurrency exchange Cointreee to support bill payments through cryptocurrency.
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New Collaboration Facilitates Automatic Bill Payments Using Bitcoin In Australia
New Collaboration Facilitates Automatic Bill Payments Using Bitcoin In Australia
Australia is offering Bitcoin expansion of cryptocurrency boundaries. With new mining firms, trading in cryptocurrency is on the up and, as of now, Australians have the freedom to pay their bills using cryptocurrency.
The deal has come about after a partnership was formed between two financial technology firms, Gobill, an automated billing platform, and Cointree, to allow the payment of bills using cryptocurrencies. The agreement states that Gobill will handle the functions of an intermediary under the deal. In other words, it will take users’ funds and pay bills on their behalf.
Users on the two platforms will pay their bills using their digital assets stored in Cointree’s wallet. At the moment, Cointree supports more than 40 cryptocurrencies incuding Ethereum, Bitcoin, XRP, NEO, and Litecoin.
According to Sheldon Ewans, Gobbill co-founder, he was late to the cryptocurrency party. He began to dabble in it early last year and was optimistic that it’s what made this collaboration a success.
In a statement Sheldon said:
“I have been trading but I haven’t been successful. That was Cointree’s appeal. I’m a newbie and I’m surrounded by people at (fintech co-working space) Stone and Chalk. They are all crypto pundits.”
Small enterprises and households
Users on the Gobill platform will have the capacity to link their cryptocurrency wallets and pay their bills using a specified cryptocurrency. This service has targeted households and small business owners and will meet existing and anticipated demand, according to Shendon Ewans, Gobbill CEO and co-founder.
“In the coming years, we expect the number of customers who would like to pay their bills using cryptocurrency to increase,” said the CEO in a statement.
“Our union will oblige to this market and ensure Gobbill continues to remain ahead of the curve when it comes to allowing users to pay bills automatically. At the same time, they will do this knowing they are protected from scams and any form of fraud.”
Read more on: https://cryptocoin.news/news/bitcoin/new-collaboration-facilitates-automatic-bill-payments-using-bitcoin-in-australia-19615/
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A) Mediasized the Regulators:
North Korea plans to host iconference on cryptocurrencies and blockchain in October
Radar Online reports disgraced actor Bill Cosby is using bitcoin to try to conceal f his fortune
Australian crypto holders will soon be able to pay their bills with cryptocurrencies.
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