BitPay launches BitPay Bill Pay, enabling users to pay bills with Shiba Inu (SHIB) and other top cryptocurrencies.
BitPay, a leading crypto payment gateway, has introduced a new payment solution named BitPay Bill Pay. This new service allows users to pay bills without having any bank account using several top cryptocurrencies as a payment method, including Shiba Inu.
According to the press release, BitPay Bill Pay allows users to seamlessly pay off balances across the spectrum – from credit cards and mortgages to car payments and personal loans – directly from BitPay’s self-custody wallet application. BitPay has partnered with Method Financial to enable real-time retrieval of bills and liabilities.
Method Financial CEO Jose Bethancourt highlights pride in joining BitPay to broaden crypto’s utility and financial well-being.
– Advertisement –
BitPay CEO Stephen Pair says it is a big step for the unbanked community that can now pay everyday bills without a bank account.
Currently, BitPay Bill Pay is available to residents of select U.S. states, including “Alabama, Alaska, Delaware, the District of Columbia, Florida, Georgia, Illinois, Iowa, Kansas, Maine, Massachusetts, Mississippi, Nebraska, New Jersey, New Mexico, Ohio, Oregon, South Dakota, Tennessee, and Washington,” through the BitPay Wallet app. However, BitPay has confirmed that the Bill Pay feature will soon become available to a broader audience.
The development comes shortly after BitPay teamed up with Sardine, a top-tier company focused on traditional and decentralized finance, to enable Shiba Inu card payments in over 180 countries.
As reported earlier by The Crypto Basic, Binance Pay has partnered with YesStyle, a global beauty and lifestyle marketplace, to allow over 300 beauty brands to accept Shiba Inu payments.