The range of payment services that allow consumers to pay their bills online using cryptocurrency is growing, with at least four providers now in the local market.

In the latest move, bill payment company Gobbill has partnered with cryptocurrency exchange Cointree to allow people to pay bills using cryptocurrencies.

According to a media release, bills issued in Australia can be paid using cryptocurrency held in a Cointree wallet.

At the moment the service only allows payments using Bitcoin but other cryptocurrencies will be added to the service.

Cointree claims to have 50,000 Australian members. Its platform supports a range of cryptocurrencies, including Bitcoin, Ethereum and Litecoin.

Another recent entrant into this market segment is bill payment service Paid by Coins. Users can pay any bill that has a Bpay biller code and reference number. This includes payments to financial institutions.

There are no transaction fees. Paid by Coins says it makes money from “currency exchange”.

Individual transactions are limited to $1000.

The company offers online support for queries over payments and also has a dispute resolution process.

It accepts Bitcoin, Ethereum, Bitcoin Cash and Ripple. It plans to offer payment services with other cryptocurrenies in future.

Paid by Coins is operated by Lakeba Group, a Sydney technology company that has been operating since 2013. It is a member of the Australian Digital Commerce Association.

Payments are processed and secured by a service called Quixxi.

Other providers in the market include Living Room of Satoshi and Bit2bill.