- FCF Pay has announced that HSBC customers can now use Bitcoin
(BTC) and various cryptocurrencies to pay their mortgage bills and loans.
- In November 2022, crypto enthusiasts learned that they could use their tokens to purchase American Airlines and Air Canada flight tickets through FCF Pay’s Visa cards.
- FCF Pay’s commitment to cryptocurrency adoption was further emphasized when the company launched the Crypto Bill Payments system last week.
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FCF Pay, a blockchain-based payment processor, announced that HSBC customers can make payments using Bitcoin and selected cryptocurrencies.
HSBC Customers Will Be Able to Use BTC for Payments!
FCF Pay, a blockchain-based payment processor, has revealed that HSBC customers can now pay their mortgage bills and loans using Bitcoin (BTC), Ripple (XRP), and a variety of top-tier meme tokens, among other cryptocurrencies. This groundbreaking feature was announced by the company in a post on Tuesday and represents a significant step in integrating cryptocurrency into traditional financial services. The post reads:
“HSBC customers! We are excited to announce that HSBC users can now pay their mortgage bills and loans with cryptocurrencies through FCF Pay. Accepted cryptocurrencies for payments include Bitcoin, Ethereum, Binance Coin, Ripple, Doge, Shiba Inu, and many more! Try it for yourself!”
This development follows a series of steps taken to integrate cryptocurrencies into traditional financial transactions. FCF Pay made headlines in October 2022 by allowing the use of BTC, ETH, DOGE, and other cryptocurrencies, as well as SHIB tokens, to purchase Netflix subscriptions and shop on Amazon through the integration of FCF Pay’s Visa card.
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Additionally, in November 2022, crypto enthusiasts learned that they could use their tokens to purchase American Airlines and Air Canada flight tickets through FCF Pay’s Visa cards.
FCF Pay announced that the momentum continued until February 2023 when it added Shiba Inu’s BONE and LEASH tokens as payment options for virtual bank cards, expanding the range of supported cryptocurrencies beyond Bitcoin.
Banking with Non-Bank Cryptos
FCF Pay’s commitment to cryptocurrency adoption was further emphasized when the company launched the Crypto Bill Payments system last week. According to the company’s blog post, this product allows users to make cryptocurrency payments to approximately 21,000 companies and even public administrations in the United States. These include stablecoins like USDT on different blockchains, as well as Bitcoin, Ethereum, Ripple, and Shiba Inu. The initiative is set to not only cater to crypto enthusiasts but also meet the needs of the unbanked population in the United States, according to the announcement.
Notably, FCF Pay has streamlined the cryptocurrency payment process into three simple steps: selecting the payment recipient, entering invoice details, and sending the cryptocurrency payment. It’s also important to highlight that the payment process boasts a fast turnaround time, with transactions being completed within 48 hours. FCF Pay supports all types of cryptocurrency wallets, including centralized exchanges, ensuring accessibility for a wide range of users.