Bitcoin accepted by local Telco

Local telco 2Talk has bucked the trend and become the first telecommunications company in New Zealand to accept Bitcoin as a method of payment.

Customers of 2Talk can now settle their accounts via Bitcoin, and pay for services such as VOIP and other telephony services.

Bitcoin has been grabbing the headlines recently as more companies from differing sectors are beginning to accept the currency. The phenomenon is sweeping the globe and allows users to store and transfer money between their encrypted wallets.

“Our customers are early-adopters by nature,” says General Manager Jude Flood speaking to Yahoo NZ. “They were among the first to cut the cord and throw away the old traditional phone service, embracing voice-over-internet technology. So we see payment by Bitcoin as a natural service for our customers.”

Bitcoin has been praised for providing an alternative to entering credit card details online when making purchases.

“It simplifies payment to a 5-second procedure. And for customers paying by Bitcoin, the currency is converted to NZ currency at the time of payment, so any currency variation risk is absorbed by 2Talk,” she says.

2Talk is reported to operate more than 50,000 lines throughout the country with its award winning VOIP platform.

Is it now a matter of time before more NZ businesses accept Bitcoin? Tell us your thoughts below.

 

 

Follow Us
on Google+
Sponsored

Review: Sony Xperia Z2

NetGuide Smartphones are all about compromise these days. Fitting a hi-res screen, camera and huge battery into increasingly lighter handsets isn’t easy, and usually, something has to give.   Read More →

Review: LifeTrak C410 Fitness tracker

NetGuide The C410 is a fitness tracker first and a watch second. Because of this it not only tells the time, but also tracks almost everything a fitness nut would need to know.
Amongst the many stats tracked are Steps. Calories are measured too as are distances covered. There’s a sleep tracking function, plus heart rate monitoring.   Read More →

Android App Review: Writing Prompts

NetGuide Writing Prompts is one of those obviously-named apps that gives you exactly what the name suggests and nothing more. If you want some help getting started with your creative writing, then the Writing Prompts app might be able to help.   Read More →