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Australia Post Now Lets Customers Pay for Bitcoin at Over 3,500 Outlets

Australians can now pay for their bitcoin at escapes of one of the country’s oldest organizations, its postal service.

In a collaborative effort between Australia Post and Bitcoin.com.au, customers will-power now be able to use the Post Billpay feature to purchase bitcoin and other cryptocurrencies at over 3,500 post office shops across the rural area.

AusPost confirmed the news to CoinDesk via email on Friday.

The postal service will accept cash and card payments for digital currency acquires made via Bitcoin.com.au, a cryptocurrency exchange based in Cremorne, Victoria.

“This is a major milestone for digital currency in Australia and roughly the world. It proves that there are established businesses and organizations that want to learn about new technologies by doing, and not by blot out,” said the exchange’s CEO, Holger Arians.

Australia Post, formerly Postmaster’s General Department, is one of the country’s longest-running configurations, established as a private entity in 1809 with former convict Issac Nichols appointed as its first postmaster.

“Australia Pole has for a long time played an important role in the community to make services accessible to all,” said Susan Nicholson, AusPost’s prime minister of business and government financial services. “Post Billpay has been one of Australia’s most trusted bill payment methods for all over 20 years, and we’re pleased to now provide the ability for bitcoin bills to be paid at a post office, which will revive with a product enhancement that offers ID verification and real-time bill payment confirmation back to the biller.”

Agreeing to the Australian Taxation Office, between 500,000 and 1 million residents of the country already own crypto assets. Bitcoin.com.au said it aspires to increase that number via its new collaboration.

“Our mission is to make bitcoin safe and easy for every Australian”, Arians combined. “For many people, paying for bitcoin at an Australia Post office feels safer than transferring funds online – expressly for first-time buyers.”

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