Digital currencies are now being used for utility bill payments in a region in the US state of North Dakota. “We are the first municipality in the state of North Dakota, and the third in the nation, to offer this service.” confirmed the city’s finance director.
The local government now supports digital currency payments
Williston, North Dakota, previously reported that it now supports digital currency payments for energy bills.
In fact, Williston has worked with Bitpay to embrace digital currency, according to Hercules Cummings, the city’s finance director. He added:
We are the first municipality in the state of North Dakota, and the third in the nation, to offer this service.
The release reads: “Currently, utility bill payments are the only bills eligible to be paid with cryptocurrency. Quality assessments will be conducted, and volumes evaluated, before migrating other bills such as landfill, permits, and licenses.”
According to Bitpay’s site, the firm now accepts payments in “bitcoin (BTC), bitcoin cash (BCH), ethereum (ETH), wrapped bitcoin (WBTC), dogecoin (DOGE), and five USD-pegged stablecoins (GUSD, USDC, PAX, DAI, and BUSD).”
The city accepts these digital currencies in addition to conventional payment instruments such as cash, checks, credit cards, and automated payment plans.
In addition, the city of Williston has issued the following statement:
There is a cost savings to paying via cryptocurrency as well, with Bitpay charging a one percent fee to pay online, versus a three percent fee for Google Pay, Apple Pay, and Paypal.
Two other major cities in the United States have also launched bitcoin campaigns previously. The city of Miami, Florida, has approved a bill for workers to be compensated in bitcoin, people to pay fines in bitcoin, and the city to keep bitcoin as it asset. In the meantime, the city of Jackson, Tennessee, is looking at BTC salary conversions and bitcoin mining as a way to diversify its finances.