Categories: News

Third-Party Telco Messes Up Bitcoin Mobile Top-up Through Bitrefill

Even though Bitcoin can be used to complete a variety of actions, some services will only work well as long as the other service providers they are linked up with, do the job well. In the case of Bitrefill, a report has surfaced about one of their mobile recharges being stuck with the operator itself. As a result, the end customer unable to top up their credit with Bitcoin in time, and had to resort to fiat currency.

Also read: Blockchain London Conference Ticket Prices Reach Ridiculous Highs

Bitrefill Suffers Setback Due To Third Party Provider

Services such as Bitrefill provide a great opportunity for digital currency users who want to top up their mobile credit balance. Rather than using fiat currency to do so, Bitcoin provides a more than viable alternative to these digital services. To many people relying on mobile top-ups, services like these are a godsend.

At the same time, consumers tend to forget Bitrefill would not be able to deliver their service without the cooperation of mobile telco’s. Unfortunately, this also means Bitrefill relies on those third-party telco’s to provide that service to customers throughout the country, and that is not always the case.

A report has surfaced on Reddit detailing how one customer paid Bitcoin to Bitrefill for a mobile top-up, yet he did not receive the credit in time. This can cause a major issue in certain countries as services can be shut down if the outstanding balance is not being paid on time. That user experienced a major delay in receiving the credit and had to top-up with fiat currency.

However, Bitrefill is not the issue in this story, but rather the telco in question. Once Bitrefill processes the top-up, the funds are sent to the telco in question and the funds will then be credited to the right account. Or that would have been the case if the funds had not gotten stuck with the operator itself.

Related Post

Resolving these issues will take up valuable time, as telco’s are not the fastest when it comes to addressing opened support tickets. There is only so much Bitrefill can do for customers as long as the issue is on their end. It can take a few days, or even weeks until the funds are credited to the right account.

Telco’s run on old-fashioned services and infrastructure to resolve these issues, whereas companies like Bitrefill operate on a near real-time basis. It was only a matter of time until these different services collided with one another, resulting in an awkward issue for all parties involved. However, the company is doing everything they can to resolve the matter as soon as possible.

This story exposes a major flaw in the world of traditional service providers, where older systems and outdated customer support services can create major issues for consumers. If the telco accepted Bitcoin directly, there would have been less finger pointing, although that wouldn’t mean the funds would get credited any sooner.

Source: Reddit

Images credit 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Standard Chartered and Coinbase Deepen Institutional Crypto Partnership

Standard Chartered and Coinbase are pushing their institutional crypto relationship into a new phase. On…

1 day ago

OKX Breaks Silence on MANTRA Incident as Evidence Points to Coordinated Market Manipulation

OKX has issued a detailed public statement addressing the events surrounding the MANTRA (OM) market…

1 day ago

Ethereum Proposes ERC-8092 to Solve Onchain Identity Fragmentation

Ethereum is preparing a deep structural upgrade. Not to gas fees. Not to throughput. To…

2 days ago

Pyth Network Activates Token Buybacks as Real Revenue Crosses $1M ARR

Pyth Network is taking a decisive step toward sustainable value accrual. The oracle network announced…

3 days ago

Tether Makes €1B Play for Juventus , Exor Shuts the Door

Tether has made one of the boldest moves yet by a crypto-native company into legacy…

3 days ago

10 Trusted Cloud Mining Platforms to Earn Free Bitcoin Daily in 2026

  Cloud mining continues to gain massive traction as 2026 inches closer. In tough economic…

4 days ago