Kiwis can now pay for broadband with Bitcoin

Payment will be taken at the current Bitcoin to NZD exchange rate and the customer’s account marked as paid.

Slingshot customers can now pay their broadband bill with Bitcoin.

Customers can find the Bitcoin link in the My Account section, alongside the company’s more traditional payment options - cash, cheque, bank transer and credit card.

Payment will be taken at the current Bitcoin to NZD exchange rate and the customer’s account marked as paid.

The transactions will be processed by a third party, Bitpay, with no Bitcoins being held by Slingshot.

Slingshot GM Taryn Hamilton believes the Bitcoin option will appeal to the small, but passionate Bitcoin user base.

“We’re a web company, so it seems fitting to accept the world’s premier web currency, and just like we did with Global Mode we’re always looking to improve our service and offer our customers access to top notch products.

“The popularity of Bitcoin continues to rise and you can now even purchase them from Bitcoin ATMs like the one located Inside the Mr Barber shop at 360 Queen Street,” says Hamilton.

The practice is growing in popularity overseas, with more than 30,000 business and charities – including Virgin Galactic and Wordpress – accepting Bitcoin payments.

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