Melbourne based Coin Loft - an online portal designed to simplify access to digital currencies for Australians has partnered with online payment platform POLi this week. Users will now have the ability to purchase both bitcoin and ethereum online via Australia Post’s banking service. The POLi payment system currently supports most Australian banks, providing a seamless integration between Internet banking and online payments.
Subsidiary of software solutions firm Rhino Loft, and members of the Australian Digital Currency Commerce Association (ADCCA), Coin Loft have a history in offering innovative methods of payment. Earlier this year the agency launched a unique option for customers to purchase bitcoin via Flexepin vouchers. As of April 2016, vouchers can be purchased and used to buy bitcoin through a wide variety of retail stores throughout Australia, including many newsagents and petrol stations.
This week’s POLi integration expands on existing cash and Flexepin payment options and gives customers the option to make payments online for the first time. Users can create a bitcoin buy order and use POLi to perform a bank transfer for payment. POLi allows users to transfer funds to Coin Loft using their online banking details without storing any sensitive information and is already trusted by many large commercial operations, including Jetstar and Qantas.
"We are very happy to offer the POLi payment option to our valued customers. We hope it will make digital currency purchases just that little bit easier."
- David Temple, Coin Loft Co-founder.
With instant processing and a focus on ease of use, the new POLi purchase option provides an easy method for Australians to purchase bitcoin from the comfort of their home. Coin Loft hopes this new feature helps to increase both bitcoin awareness and adoption, reflecting the company’s consistent focus on lowering entry barriers to digital currency ownership throughout Australia.