Switzerland-Based AXA Customers can Now Pay for Services Using Bitcoin

15 April 2021 | Updated: 15 April 2021

AXA, a globally renowned insurance firm, has announced that its Switzerland clients can now pay for services through Bitcoin (BTC). The company noted that the newly-added payment support is in line with its “digital future” plan and emanated from high demand from customers.

In 2019, AXA carried out a cryptocurrency-focused survey, where it quizzed people between the ages of 18 and 55 about their views of cryptocurrency. The study revealed that many of its subjects already owned one digital asset or the other, while others harbor an interest in holding crypto.

The insurance giant noted that the Covid-19-induced economic crisis boosted the demand and interest of cryptocurrency, which is why it is now “allowing its customers to pay their bills with Bitcoin.”

That said, AXA customers now have access to a new payment option on bills sent via email and invoice.inapay.ch/axa, as well. After that, Bitcoin payments can be completed on a desktop or smartphone.

The company noted that:

“Customers who receive their bills by post or directly on Myaxa can of course also use this new option to pay their premiums.”

Meanwhile, the head of open innovation at AXA Switzerland, Claudia Bienentreu, stated in a press release that:

“This is AXA’s response to growing demand from its customers for alternative payment solutions, with new technologies playing an ever-greater role.”

Key BTC Levels to Watch — April 15
Following a sharp rejection from the $65k area, Bitcoin fell by 5% to the $61,300 low but got immediately supported by massive dip-buying activity in the area. However, the benchmark cryptocurrency’s rebound from the $61,300 area got followed by a short sideways momentum through most of today.

BTCUSD – Hourly Chart

That said, BTC has resumed an upward rally towards the $64k resistance as trading volume picks up. A fall from the current price ($63,515) should find adequate support from the ascending trendline and the $52,250 support line.

Meanwhile, our resistance levels are at $63,500, $64,000, and $65,000, and our key support levels are at $62,550, $61,785, and $61,200.

Total Market Capitalization: $2.26 trillion

Bitcoin Market Capitalization: $1.18 trillion

Bitcoin Dominance: 52.3%

 

You can purchase crypto coins here: Buy Coins

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.