Crypto payments getaway Paid By Coins partnered with Preezze, enabling customers purchase from 80 different merchants using cryptocurrency

May 28, 2019

Sydney, 28 May 2019. Australian payment gateway Paid By Coins, already popular for allowing payment of any bill and funds transfer to bank accounts using Bitcoins and other major cryptocurrencies, has partnered with Prezzee, Australia’s most diverse Gift Card site to allow cryptocurrency holders the freedom to purchase e-gift cards online.

As a result of the new partnership, which will see the Prezzee platform integrated onto the Paid By Coins platform, consumers will be able to select and buy eGifts Cards using their cryptocurrency from over 80 of the most popular Australian merchants including the likes of leading department stores such as David Jones, and other popular retailers such as Uber, JB Hi-Fi, Woolworths, Coles and many others.

“The integration of Prezzee on the Paid by Coins Platform, will give consumers who hold cryptocurrency, the choice and convenience to utilise their crypto in many different way, enabling crypto holding consumers access to a vast range of purchases from fashion to consumer electronics, from groceries to restaurants vouchers. This is a further step to drive mainstream adoption of cryptocurrency,” said Marco Manera from Paid by Coins.

Additional to the purchasing of eGift Cards using crypto, Paid By Coins offers one of the most competitive currency rates, and is the only provider licensed to allow transactions of up to $50,000 for both BPAY bill payments and fund transfers into any Australian bank accounts. The payment gateway accepts payments with five of the leading cryptocurrencies: Bitcoin, Bitcoin Cash, Litecoin, Ethereum and Ripple.

From a strategic growth perspective, this is another step towards the mainstream adoption of crypto in everyday life, offering the fast-growing number of consumers who are holders of cryptocurrency new and different ways to use their currency for everyday purchases.

About Paid By Coins

Paid By Coins provides a B2C and B2B solution delivering a simple, cost-effective and secure payment portal allowing consumers to use their cryptocurrency in the most practical way to pay their bills via BPAY, to pay directly to any Australian bank accounts or purchase eGift Cards using cryptocurrencies. The platform makes the process simple as it offers an intuitive interface for consumers familiar with BPAY. Currently, the payment gateway accepts Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Ripple for transactions of up to $50k, with additional cryptocurrencies planned later this year.[

For further information please contact:

Myrna Van Pelt

Corporate Communications Director
Lakeba Group

M: +61 (0) 412 489149

E: m.vanpelt@lakeba.com