Dream PC Australia, a premier custom computer builder in South Australia and one of the largest PC exporters for Australia has now started accepting crypto as payment for their PCs.
Great news! We are now accepting crypto payment for secure and easy electronic transaction! So take advantage and get a new PC from us! 😀💰
Go to Build a Custom PC, selected the items that you want to buy, it’s as simple as going to checkout, selecting the cryptocurrencies payment method, and then you’ll be redirected to a page where you can select either BTC, ETH, or USDC. You can then either scan the QR code or pay it to their address, then you’re done!
An Increase in Australian Companies Accepting Crypto
Dream PC Australia is one of many other businesses in Australia that are now accepting crypto payments for their services, such as Broadwater Builds, Launtel an Internet Service Provider, Queensland Solar and Lighting, and others.
Companies are opting for this payment method because they allow for easy and secure payments, this also opens the gates to people who might only want to play with crypto. With Bitcoin reaching new all-time highs, Aussies are coming into contact with crypto more than ever and business owners want to keep the digital asset due to the increasing price and speculative media coverage.
There are also some associated risks with keeping Bitcoin that need to be taken into account by companies like the volatility of the market, new tax regulations that need to be complied with, and secure storage of the digital asset.
Local building company, Broadwater Builds, is the first in the the state to accept digital currencies as a form of payment. Clients can pay using Bitcoin, Ethereum, Binance and Ripple, with other options to be added.
Director Louis Gonzalez holds a strong belief that cryptocurrencies will revolutionise the world of finance in the future. He says,
We see bitcoin and other cryptocurrencies as being here to stay. by providing the ability for people to use cryptocurrency as a form of payment, it shows we are prepared for the future and at the forefront of technology change.
How Does It Work?
There’s no doubt that there’s a high level of volatility when it comes to cryptocurrency, making it hard to predict how much it will be from one moment to the next. Louis Gonzalez shares,
For client interested in using cryptocurrency for transactions, we will need to agree upon an exchange rate at the time of transaction.
Owners and directors Louis and Nathan have more than 22 years’ industry experience in the residential and construction industry. Broadwater Builds offers new homes, renovation and extensions, kitchens, bathrooms, demolish and builds, developments, unfinished homes and more.
Broadwater Builds – Nathan Dreibergs and Louis Gonzalez
Cryptocurrency is growing in popularity, and we are starting to see many online shops – including giants Tesla and Apple – support them as a payment method.
This highlights the potentials of cryptocurrency becoming a legitimate form of value transfer.
Get Involved
If you’re looking to accept cryptocurrencies for your business we have a guide to help you set that up. And if you’re a customer in Perth looking to build a house, get a renovation or new kitchen/bathroom then get in touch with Broadwater Builds on 08 6468 6384.
RaleyPay is launching a payment solution by bridging the gap between traditional finance and cryptocurrency. The platform is launching into the $600b e-commerce market to make crypto available for Aussie retailers.Â
The Australian platform will allow crypto transactions at global exchange rates. RaleyPay users can now pay their bills, buy in their favorite stores, cash out from an ATM, or transfer funds to any bank account nationwide — by converting their crypto to fiat at the time the payment is made, with a daily limit of $50,000.
Users put their bank or mobile details, select a cryptocurrency, choose a conversion rate and receive their funds — with no fees for crypto transfer to bank accounts.
Australia’s First Crypto-payment Solution
RaleyPay is implementing Australia’s first crypto-payment solution by allowing their clients to spend Bitcoin, Ethereum, and other digital currencies the same way as fiat.
The core value of this is that now Australians can easily pay their Bills with ETH or Bitcoin, and make only shop integrations with Shopify, WooCommerce & Magento.
Their first merchants are the Australian companies BronID, which specializes in anti-money laundering — Piper Alderman, a company that provides legal advice on commerce, and Blueshyft, an iOS-based platform with 1,400 retailers nationwide.
Australians can transact their Bitcoin or Ethereum in the following ways:
Buy crypto such as Bitcoin and Ethereum with AUD via PayID or bank transfer.
Sell crypto and withdraw AUD to any Australian bank.
Spend crypto on e-commerce websites.
Part of the reason cryptocurrencies have a negative stigma is the logistical nightmare of transacting with local and international exchanges due to the risk, painstakingly complex processes, and exorbitant fees. So we wanted to solve these two problems by removing the barriers to buying and using digital currencies at global market rates, while also opening up new revenue opportunities for retailers.
Stated RelayPay founder & CEO, Charlie Karaboga, for Australian Fintech.
RelayPay will launch soon crypto loans, a feature called Crypto Backed Lending: users can deposit Bitcoin or Ethereum as collateral to get an AUD loan for up to 50% of the value of the asset.
There have been many rumours around e-commerce giants getting involved in the cryptocurrency space. From PayPal to Amazon and others, it seems e-commerce is the new frontier for blockchain technology. This is no surprise, as e-commerce always has been a major force for blockchain adoption, what we are beginning to see now is a new wave of mainstream adoption.
In my work as a Master of Financial Economics candidate I am thinking about money matters all the time and e-commerce is of particular importance today in the international economy. There’s no question that blockchain technology has huge implications for e-commerce. In 2020, it’s clear there are significant benefits to having cryptocurrency technology in the financial system.
What’s been less clear to many is how this will trickle through to the everyday consumers that will benefit from the technology. E-commerce is one simple way to see how. Cryptocurrency has the potential to take costs in e-commerce from dollars to cents. The maths behind this is simple, for every dollar we can reduce the cost by, we gain a dollar more for e-commerce purchases.
Imagine e-commerce as a train station, where millions of trains pass through everyday. Managing the flow of trains is a complex task, especially when you have multiple trains for each delivery.
Customer information, including shipping address, payment details and package logistics all require constant attention. This is likely why we are seeing e-commerce giants such as PayPal enter the cryptocurrency space — cryptocurrency simplifies the transaction process. Instead of having multiple trains running through the station for each purchase, blockchain technology can combine data and payment in the same transaction, essentially lengthening a single train of information.
Making sense of more than money Blockchains like Syscoin can combine data, money and transit information into one succinct format, as base layer for e-commerce transactions online. This platform is building toward a crucial layer for the creation of decentralized marketplaces, by equipping retailers with the tools to manage inventory and track shipments.
Additionally, public blockchain records allow open access to each transaction which will prevent discrepancies and delays by keeping sellers accountable. This has implications for preventing fraud, reducing the number of lost of packages, and ultimately will reduce the cost of transactions.
This is only the beginning. Who knows, perhaps in the future we will be running space tourism flights on Ethereum smart contracts?
