Pay Bills With Cryptocurrency

Aave Pay Mobile App Allows Users to Pay Bills with Cryptocurrency

Tech Company, Aave, is taking cryptocurrency to another step for mainstream adoption with the launch of Aave Pay mobile application.

Aave Pay is such an app through which users can use a wide range of cryptocurrency holdings for paying their bills online.

Yes! Now, cryptocurrency holders can use their crypto for all of their expenses, as Aave Pay is accepted everywhere, where bank transfers are accepted.

Not only this, but the app is also business-friendly since it can be used for paying income taxes, employee salaries, and other commercials as well as corporate expenses, directly into fiat-based accounts.

The CEO and Founder of Aave, Stani Kulechov, said –

“This new application eliminates the obstacles of using crypto in our everyday lives. It addresses crypto’s expendability problem and builds a bridge for crypto to cross over into mainstream use.”

Easily accessible on mobile phones as well as over the web, Aave Pay is direct, simple and user-friendly. Users can simply visit Aave Pay, choose which digital currency they are willing to use, the fiat currency amount (INR, USD, EUR, AUD, GBP, CHF) they wish to transfer and mention the recipient’s IBAN (International Bank Account Number).

Once this information is stored in the account, Aave Pay measures a competitive exchange rate, notify the user of the final cost, then sends the payment to the recipient’s bank account automatically.

The COO of Aave, Jordan Lazaro Gustave, said –

“We are taking the concept of holding cryptocurrencies further, in a way that has not been done before, breaking the paradigm that cryptocurrencies are only assets people invest in and cannot be used as traditional currencies.”

Now, crypto holders can begin to spend their holdings. Users can select from twelve coins to use as a payment – Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, Cardano, Monero, DASH, Zcash, DAI and LEND.