FastMail has hinted its customers that it’s going to halt Bitcoin (BTC) payment starting from March 2019 over what the email service provider calls maintenance cost.
In a message to its customers as made available on Reddit, FastMail, a competitor to Gmail, said it is parting ways with Bitcoin payments starting from March end due to the fact that just a small number of its customers uses cryptocurrency as a payment option on the platform.
This, according to FastMail, makes the integration costs of maintaining Bitcoin support unsustainable.
The Message Reads in part: “We’re parting ways with Bitcoin payments at the end of March.”
“Bitcoin is used by only a small number of customers, which unfortunately makes the integration costs of maintaining Bitcoin support unsustainable. You can still pay with Bitcoin through March 31st, 2019. Add funds to your account now to be used for future renewals.”
“We offer four other payment method (Visa, MasterCard, American Express and PayPal) that you can use to pay for your account after March 31.”
Early 2016, the news that FastMail, an email service providing premium email accounts for organisations and individuals, has silently been accepting Bitcoin became widespread. The email service provider accept Bitcoin payment for premium upgrade using BitPay.
According to available findings, FastMail is the only email service provider accepting cryptocurrency out of the many that we have today. FastMail was launched 20 years ago, it at present services more than 100,000 individuals and businesses internationally.
For all of ya gloating about the #Bitcoin price, it's only got to this point because some of us actually used it to buy things in the real world in the past. Here's my $850 pizza, $160 bondage tape & $1688 Fastmail subscription from a while ago. Show me your receipts, speculators pic.twitter.com/q0ntU5hR0I
— Brett Scott (@Suitpossum) November 28, 2017
While FastMail did not first make the announcement that it has adopted Bitcoin, crypto enthusiasts confirmed that it did through the payment option available on the platform.
To date, FastMail remains reliable, and outstanding among its fellow service provider nationwide. Crypto enthusiasts have since been condemning the sudden decision of the firm, saying Bitcoin is in its early stage of adoption.