Pay your Bills with Alby Hub at Bitcoin Well

Pay Your Bills with Bitcoin

With Bitcoin Well’s Bill Pay Service, handling everyday expenses no longer requires banks, wire transfers, or complicated currency conversions. From credit card balances to personal bills, users can now take care of them directly with bitcoin. This represents a major step forward for both the bitcoin economy and people who are underserved by traditional banking.

Bitcoin Well’s Mission

But Bitcoin Well goes further. Driven by a mission to enable independence, the company makes bitcoin practical for everyday life combining the convenience of modern banking with the advantages of bitcoin. Its services are built around automatic self-custody, giving people true financial freedom.

Pay Your Bills Out of Your Own Wallet

Bitcoin Well implements NWC (Nostr Wallet Connect) to bring the experience for users to a new level. 

"NWC has solved one of the greatest UX hurdles that Bitcoin Well has faced since inception” said Adam O’Brien, founder and CEO of Bitcoin Well. “It was always inconvenient to use your own wallet, which was in a different environment. With NWC Bitcoin Well can now offer the security of a non-custodial bitcoin platform, with the convenience of a custodial platform. There is no reason to use a custodial platform any longer, no more excuses!" 

NWC as an open protocol successfully standardized wallet-app interactions and turns any app into a transactional app and lets users pay natively. No switch of context required to leave the app and initiate the payment by scanning a QR code anymore. 

This means users are now able to connect their own NWC-enabled wallet like Alby Hub, Coinos or Primal to Bitcoin Well. Imagine paying your credit card bills using your self-custodial bitcoin wallet with 1 single click. No bank involved at all. 

Automate Your Payments: The Next Step

With NWC, Bitcoin Well takes the hassle out of bill payments. Picture this: your monthly rent or loan payments flowing seamlessly in bitcoin without you lifting a finger. No more typing in details or remembering due dates. Just connect your NWC-enabled wallet once, set the schedule, and let Bitcoin Well handle the rest. Recurring bitcoin payments become effortless with NWC. 

Coming Soon: Buying and Selling Bitcoin with Your Self-Custodial Wallet

Once your wallet is connected, an entirely new set of possibilities opens up. With NWC, users can not only send and receive payments but also share balances and transaction histories across wallets. This means you’ll be able to buy bitcoin through Bitcoin Well and have it delivered directly to your self-custodial wallet. Or sell bitcoin straight from it reducing reliance on exchanges and minimizing counterparty risk. It’s a major step forward in Bitcoin Well’s mission to give people true financial freedom.