Australia Post Now Lets Customers Pay for Bitcoin at Over 3,500 Outlets

The Australian postal service has confirmed it is partnering with Bitcoin.com.au to let customers pay for cryptocurrencies at its stores across the country.

AccessTimeIconJun 26, 2020 at 9:45 a.m. UTC
Updated May 9, 2023 at 3:09 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Australians can now pay for their bitcoin at outlets of one of the country's oldest organizations, its postal service.

In a collaborative effort between Australia Post and Bitcoin.com.au, customers will now be able to use the Post Billpay feature to purchase bitcoin and other cryptocurrencies at over 3,500 post office shops across the country.

  • Australia to Release Draft Legislation for Crypto Exchanges in 2024; Is Binance Too Big to Fail?
    26:19
    Australia to Release Draft Legislation for Crypto Exchanges in 2024; Is Binance Too Big to Fail?
  • Australia's CBDC Pilot Shows 'Path Forward' for a Tokenized Economy: Canvas CEO
    08:55
    Australia's CBDC Pilot Shows 'Path Forward' for a Tokenized Economy: Canvas CEO
  • Australia Won't Introduce a CBDC for Some Years, Central Bank Says
    02:31
    Australia Won't Introduce a CBDC for Some Years, Central Bank Says
  • Binance to Shut Down 'Connect' Service; State of Crypto in Singapore and Australia
    26:09
    Binance to Shut Down 'Connect' Service; State of Crypto in Singapore and Australia
  • AusPost confirmed the news to CoinDesk via email on Friday.

    The postal service will accept cash and card payments for digital currency purchases made via Bitcoin.com.au, a cryptocurrency exchange based in Cremorne, Victoria.

    “This is a major milestone for digital currency in Australia and around the world. It proves that there are established businesses and organizations that want to learn about new technologies by doing, and not by blocking,” said the exchange's CEO, Holger Arians.

    Australia Post, formerly Postmaster's General Department, is one of the country's longest-running organizations, established as a private entity in 1809 with former convict Issac Nichols appointed as its first postmaster.

    "Australia Post has for a long time played an important role in the community to make services accessible to all,” said Susan Nicholson, AusPost's head of business and government financial services. “Post Billpay has been one of Australia's most trusted bill payment methods for over 20 years, and we’re pleased to now provide the ability for bitcoin bills to be paid at a post office, which will come with a product enhancement that offers ID verification and real-time bill payment confirmation back to the biller."

    According to the Australian Taxation Office, between 500,000 and 1 million residents of the country already own crypto assets. Bitcoin.com.au said it hopes to increase that number via its new collaboration.

    “Our mission is to make bitcoin safe and easy for every Australian”, Arians added. “For many people, paying for bitcoin at an Australia Post office feels safer than transferring funds online – particularly for first-time buyers.”

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.