Recent reports have it that Australians can now pay for BTC at the country’s Post offices. This is a result of a newly formed partnership between Australia Post and the local cryptocurrency exchange Bitcoin.com.au.
It was recently reported that Australia Post and the country’s local cryptocurrency exchange Bitcoin.com.au entered into a partnership. This will result in the opportunity for people to use cash and EFTPOS payments to buy BTC directly from the post offices.
This marks a significant milestone for the primary cryptocurrency in Australia and around the world, commented Holger Arians – CEO of the exchange. He added that his company’s efforts are oriented towards facilitating and securing Bitcoin purchases for Australians.
Arians believes that many citizens consider paying for Bitcoin at an Australia Post office safer than transferring funds online. Hence, this partnership could significantly assist in mass adoption in the country. The report estimated that between 500,000 and one million Australians currently own digital assets.
Susan Nicholson, Australia Post’s Head of Business & Government Financial Services, said that they have always strived to implement the latest technology and to make services accessible to as many people as possible.
“Post Billpay has been one of Australia’s most trusted bill payment methods for over 20 years. We’re pleased to now provide the ability for Bitcoin bills to be paid at a post office, which will come with a product enhancement that offers ID verification and real-time bill payment confirmation back to the biller,” she added.
CryptoPotato reported recently the increasing rumors that one of the largest payment processing companies, PayPal, intends to launch direct sales of Bitcoin to its userbase consisting of more than 325 million people.
While the information has not been confirmed from the fintech giant yet, people familiar with the matter said that PayPal and Venmo would introduce “some sort of a built-in wallet functionality so you can store it there.”
More of the same came from the large American network of Bitcoin ATMs, LibertyX. US citizens can now use cash to purchase the primary cryptocurrency at over 20,000 retail locations around the country, including major chains such as 7-Eleven, CVS Pharmacy, and Rite Aid.
