Aussies Leading The Charge To Open Up Bill Payment With Cryptos

Companies Gobill (bill processing) and Cointree (cryptocurreny exchange) have joined forces to allow Australians to pay their bills with over a hundred types of cryptocurreny, including STEEM! Customers of the service will have their bills paid even if the payee does not except payment in cryptocurreny. The service began on August 20, 2018 and according to Gobill:

any Australian provider can be paid through its system, including utilities, telecommunications, council rates, and insurance.

This may very well represent the impetus that has long been needed to bring cryptocurreny into the mainstream. Long-term success may also depend on satisfying certain conditions:

• Ease of use
• Security
• Reliability
• Availability
• Dispute resolution

The services are sanctions by Australian regulatory bodies and may serve as a template for other markets abroad. Gobill is cited with currently serving over 50,000 members and with having paid members bills of more than AUS$100 million in 2017. The company also stated that it is currently experiencing exponential growth in business.

To get more details on this emerging service check out the source article at Bitcoin.com.