As Ripple receives an MPI license in Singapore, FCF Pay broadens its support for cryptocurrencies by enabling Shiba Inu and Ripple bill payments.
Shiba Inu (SHIB) and XRP are two cryptocurrencies that are now supported by the Canadian cryptocurrency payments platform FCF Pay. As a result, the company now permits other clients and Bitcoin miners to pay their electrical bills with various digital assets.
FCF Pay Offers Flexibility for Crypto Cards
It’s crucial to realize that none of the American businesses connected to FCF Pay’s Bill Service now accept direct cryptocurrency payments. Instead, the FCF gateway is used for all Bitcoin transactions.
Here, an automatic machine converts them to fiat cash. The corresponding invoices are settled in fiat upon completion of this conversion process. FCF Pay claims that this process usually takes between 24 and 48 hours.
Customers can use a crypto card to pay their bills if the electrical provider of their choice isn’t included on FCF’s list. This adaptability is a bonus for users needing assistance locating their listed providers.
Recent announcements from FCF Pay have also demonstrated the company’s growing reach. In addition to letting Chase Bank clients pay off their mortgages and credit card debt using cryptocurrency, the platform includes Honda and HSBC in its list of approved businesses.
As a result, while HSBC customers can now pay off their mortgages and loans with digital assets, Honda lovers may buy cars using the variety of supported coins offered by FCF Pay, including SHIB and XRP.
It’s important to note that FCF Pay’s service is not restricted to utility bills or auto purchases. Over 20,000 American businesses, including well-known brands like PayPal, American Airlines, Walmart, and Amazon, can use the platform’s crypto payment services.
