This article contains referral links. Know more.
Starting April 28, Bitrefill users in the United States can use a new service called Bill Payments to pay credit card bills, utilities, medical care, mortgage payments, and even taxes with bitcoin.
The information was released with a posted message on the Twitter account of bitrefillin which it is indicated that with this system it is possible to pay with cryptocurrencies up to 20,000 types of invoices.
At the moment, those interested in the service can register to be included in a waiting list, due to the fact that they still have “scaling restrictions”. Gradually they will be allowed to have early access on mobile apps for iOS and Android.
Bill Payments launches in collaboration with CBW Bank, a regulated financial services provider in the United States. That is why those who access the service will have to verify their account by sending the identity document and proof of residence.
As explained on the website of bitrefillto use Bill Payments, users, after registering in the application, must look for their invoice in the corresponding institution, fill in the required spaces, provide the ID or account number of the invoice and enter the amount to pay, and then choose the payment method.
Advertising
The app offers the option to pay multiple bills at the same time, if they are added to the platform cart before canceling. However, there is a maximum payment limit of up to USD 10,000.
Bitrefill will charge a commission of 2% on the total of the invoice that is paid through Bill Payment.
“This is the cost to pay and process each invoice. The total amount of this commission will be clearly displayed both when adding an invoice to the cart and during the payment process, ”they explain.
It is further clarified that, for now, these bill payments must be made separated from those of gift cards and phone recharges.
Bill payments with bitcoin were activated first in El Salvador
bitrefill inaugurated this method of paying bills with cryptocurrencies in El Salvador, in November of last year, shortly after the enactment of the Bitcoin Law. The company decided to install a physical headquarters in this country as a result of the adoption of BTC as legal tender.
As CriptoNoticias reported at the time, with Bill Payments salvadorans can pay about 150 different servicesincluding water, Internet, loans, mortgages, taxes, universities and others.
The executive director of bitrefill, Sergej Kotliar, was in charge of breaking the news during the Adopting Bitcoin event. Currently, the manager estimates that, in the Central American country, the bill payment service with bitcoin has been growing between 100% and 200% per month.
It should be remembered that, until now, one of Bitrefill’s main products –using cryptocurrencies– has been the offer of prepaid cards with bitcoin, valid for purchasing products and services from various countries worldwide. This is a service available since 2018, when the company decided incorporate payments with crypto assets.