Australian Energy Company Customers Will Pay Their Bills With Shiba Inu And Other Cryptos Through BitPay
payment service provider BitPay announced that Australian energy company 1st Energy now accepts cryptocurrencies, including Shiba Inu, through BitPay.
1st Energy becomes Australia’s first energy retailer to accept crypto through a partnership with BitPay. It is easier than ever for their customers to pay their electricity bill. Learn more: https://t.co/lVHQIlLCPW pic.twitter.com/rXEGCJ3gG4
—BitPay (@BitPay) March 4, 2022
Besides Shiba Inu, BitPay supports major cryptocurrencies such as Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, Litecoin, Wrapped Bitcoin, and five USD-pegged stablecoins (BUSD, DAI, GUSD, USDP, and USDC).
Founded in 2014 and currently serving New South Wales, Victoria and Queensland, 1st Energy has become Australia’s first energy retailer to accept crypto through a partnership with BitPay. This implies that customers of the electricity retailer can now pay their utility bills using any cryptocurrency of their choice offered through BitPay.
BitPay is the world’s largest bitcoin and cryptocurrency payment service provider, launched in 2011. In December 2021, BitPay announced the integration of Shiba Inu into its wallet application, enabling storage, purchase, to exchange and spend SHIB.
Acceptance of cryptocurrencies is increasing
As previously reported by U.Today, a New York-based jewelry collection, SuperJeweler, recently announced its acceptance of cryptocurrencies, including Shiba Inu, via BitPay.
Adam Aron, CEO of movie giant AMC, took to Twitter in late February to announce that his company will add support for BitPay-powered online payments to its mobile app and website on March 19. “BitPay will be live for AMC Online Payments on our website by March 19 and live on our mobile apps by April 16, possibly a few days earlier,” he said. .
The Shiba Inu team has just signed a “sharp” partnership with the fashion brand John Richmond. The partnership will see the launch of a fashion collection in the form of 10,000 non-fungible tokens (NFTs). Physical versions of these tokens will be showcased during Milan Fashion Week.