SnapCard — the service that allows you to buy pretty much anything on the internet — is now allowing you use your bitcoin to pay something else: your tax bill to the Internet Revenue Service.
The San Meteo-based company today announced the capability one week in advance of the release of a new bill-pay feature, which allows a consumer to pay their bills automatically every month using the digital currency.
SnapCard is reportedly moving to a flat-rate fee model, from 2 percent to between $2-$10 per month. Tax payments will be charged at $10.
It’s all coming together with a partnership with a third-party payment processor that already has relations to the IRS, and a partnership with both Coinbase and BitPay to convert the bitcoins to U.S. dollars.
It’s an interesting move, and it’s been specifically requested by some of the company’s 2,500+ users in surveys. But certainly, it will be interesting to see where this goes. (via Pando Daily, image credit)
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