Australians can now purchase bitcoin and other crypto assets through the country’s postal service.
Australia Post (AusPost) in collaberation with Bitcoin.com.au a firm that is already working with 1,500 retail stores in the country to enable customers to purchase bitcoin in 3500+ post offices Essentially, each branch member will accept EFTPOS payments and Australian dollars for crypto asset purchases stemming from Bitcoin.com.au and the Post Billpay service.
Australia post will accept fiat and card payments for digital currency purchases made through the cryptocurrency exchange Bitcoin.com.au.
“This is a major milestone for digital currency in Australia and around the world. It proves that there are established businesses and organisations that want to learn about new technologies by doing, and not by blocking,” Holger Arians, CEO of Bitcoin.com.au said during the announcement. Arians added:
"Our mission is to make Bitcoin safe and easy for every Australian. For many people, paying for Bitcoin at an Australia Post office feels safer than transferring funds online particularly for first time buyers. We’re proud of this partnership and would like to thank Australia Post for its continued openness to new technologies."
Australia Post’s head of business and government financial services Susan Nicholson said the service was pleased to provide customers the ability to purchase bitcoin and claimed in-office purchases would come with “product enhancement” that would offer customers ID verification and real time bill payment confirmation.
Bitcoin and cryptocurrencies adoption has been increasing in Australia as the Australia Post stores latest services follows the recent partnership between Coca-Cola Amatil and Centrapay with over 2,000 Coca-Cola brand vending machines in Australia and New Zealand accept bitcoin (BTC) for purchases.
