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Australian start-up courier comparison accepts cryptocurrency

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Fast Courier has become the first courier comparison site in the country to offer the digital currency as a payment option.

The new Sydney-based, tech-enabled company will include Bitcoin, Dogecoin and Ethereum – in an effort to level the playing field for consumers.

Vincent Maneno, Fast Courier’s Co-Founder and CEO says Fast Courier was launched to shake-up the couriers industry.

With Fast Courier we wanted to democratise the courier industry, so that individuals and small businesses that only send a handful of packages each year can still access the best possible rates,” he says.

Australia has the third highest cryptocurrency ownership rate in the world, with 17.8 per cent of Australian adults holding some type of cryptocurrency, compared to the global average of 11.4 per cent.

Initially started as a test project for co-founders Vincent Maneno and Stephen Murray, Fast Courier has experienced 100 per cent month-on-month growth since launch. The company has served more than 43,000 users in the last six months.

“Obviously the pandemic has had an enormous impact on e-commerce all over the world, which has resulted in increased demand for couriers,” he says. “Our customers are saving up to 30 per cent on their deliveries in just a few seconds with a quick comparison check on Fast Courier. Booking large numbers of deliveries allows for access to bulk discounts.”

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