Welto, an application which allows users to pay bills with cryptocurrency direct from their wallets by simply providing the payee info, account number and address has announced the module is now integrated with U.S. bitcoin exchange Coinbase and crypto gateway CoinPayments.
The company accepts bills between $5 and $300 dollars in bitcoin equivalent. Payments are usually posted within 24 to 48 hours depending on the utility service. Users are able to track the status of their payment to ensure timely delivery.
Direct crypto payment means there is no need to go to an exchange to convert crypto to fiat.
As announced, Welto allows paying bills with bitcoin within the Coinbase platform. So, if a user has a Coinbase wallet, it works even faster. BTC arrives at Welto’s wallet immediately and the company then starts paying the bill right away. If a customer doesn’t have a Coinbase wallet, Welto allows payment from other wallets with a Coinbase friendly QR code.
Welto is also integrated with CoinPayments to allow payment with altcoins. Currently, paying bills with Ethereum (ETH) has been implemented with plans on adding other coins. The company stated that next in order will be ZenCash (ZEN), Crown (CRW), and Ethereum Classic (ETC).
The Welto team said:
“We are building the system that will allow our customers to spend their cryptocurrency on real goods and services wherever they want. We started from the US market and planning to extend our service and application worldwide. As of now we are providing our users with the ability to pay their bills directly with cryptocurrency.”