SHIB Payments Now Accepted by Australian Energy Company via BitPay: Details

Tomiwabold Olajide

Australian Energy Company Customers To Pay Bills With Shiba Inu And Other Cryptos Via BitPay

Payment service provider BitPay announced that Australian energy company 1st Energy now accepts cryptocurrencies, including Shiba Inu, via BitPay.

Apart from Shiba Inu, BitPay supports leading cryptocurrencies such as Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, Litecoin, Wrapped Bitcoin and five USD pegged stable coins (BUSD, DAI, GUSD, USDP and USDC).

Founded in 2014, 1st Energy currently serves New South Wales, Victoria and Queensland. It is the first energy retailer in Australia to accept crypto through a partnership with BitPay. This means that the electricity merchant’s customers can now pay their utility bills with any cryptocurrency of their choice offered through BitPay.

BitPay is the largest Bitcoin and cryptocurrency payment service provider in the world, launched in 2011. In December 2021, BitPay announced the integration of Shiba Inu into its wallet app, enabling SHIB to be stored, bought, exchanged and spent.

Acceptance of cryptocurrencies is growing

As previously reported by U.Today, a New York-based jewelry collection, SuperJeweler, recently announced that it will accept cryptocurrencies, including Shiba Inu, through BitPay.

Adam Aron, chief executive officer of cinema 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 just signed a “cutting-edge” partnership with the John Richmond fashion label. The partnership will launch a fashion collection in the form of 10,000 non-fungible tokens (NFTs). The physical versions of these tokens will be presented during Milan Fashion Week.

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