BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, has launched BitPay Bill Pay.
The service has been designed to allow cryptocurrency users to pay bills directly from their crypto wallets, as part of a more streamlined and efficient product.
The move is said to be a “monumental step” for the crypto currency community, which will allow users to pay bills without the use of a traditional bank account.
BitPay CEO, Stephen Pair said: “Paying everyday bills without a bank account is a monumental step for the crypto and unbanked community.
“BitPay customers are some of the most prominent crypto spenders in the world, so we believe this will be a game-changing solution for both crypto users and service providers.”
BitPay has also teamed up with Method Financial to ensure that the services’ users receive up-to-date information regarding their accounts and balance.
“Method is proud to partner with BitPay in helping the crypto community expand the way it uses cryptocurrency and maintains financial health,” said Jose Bethancourt, Co-founder and CEO, Method Financial.
Keep up with all the latest FinTech news here
Copyright © 2023 FinTech Global
