South African fintech, Centbee, launched a new feature in its BitcoinSV wallet today that allows you to purchase prepaid electricity, airtime and data. This is the realisation of a dream by co-founders Lorien Gamaroff and Angus Brown, finally making the vision for bitcoin as electronic cash a reality.
Read More: Analyticom Introduces a Scientific Model That Keeps Investments Stable During Market Volatility
South African Centbee users have been able to top up their wallets with BitcoinSV from over 50 000 retail stores since early 2019 and from their South African bank accounts since February 2020. In addition, BitcoinSV can be bought from South African cryptocurrency exchanges VALR.com and AltCoinTrader and sent to a Centbee wallet in seconds.
How to use Centbee to buy prepaid electricity, airtime and data with BitcoinSV
South African Centbee users will find a new ‘buy’ button in the Centbee app menu where they can purchase prepaid electricity, airtime and data from mobile networks in South Africa. With BitcoinSV already in their wallets, it’s easy to buy electricity, airtime and data in just a few minutes.
Read More: Kreditech Rebrands to Monedo as It Steps Up Growth in International Lending Markets
Lorien Gamaroff said, “This is the reason I built the Centbee app. To make bitcoin useful, convenient and accessible so that anyone with a mobile phone can use it like cash, which was always bitcoin’s vision. Now, with a way to buy everyday products and services with BitcoinSV, we’re one step closer to making BitcoinSV the everyday electronic cash that millions of people can use.”
Making BitcoinSV useful for consumers has always been a priority for Centbee and the BitcoinSV blockchain is the obvious choice for large transaction volumes at the lowest cost. BitcoinSV is the only blockchain that can scale exponentially and its industry players are known for their unyielding commitment to regulatory compliance and supporting traceable and legal transactions.
Read More: Jack Henry & Associates Launches Core-Integrated Accounts Receivable Financing
