Skilljar, a tech company that specialises in enabling third parties to deliver online training courses, has started accepting bitcoin payments.
Skilljar says its platform is used by hundreds of online instructors, who offer classes in a wide range of different fields, from yoga to programming. The instructors can now be paid in bitcoin using Skilljar’s e-commerce platform, alongside credit cards, debit cards and PayPal, with the cryptocurrency being immediately converted to fiat at the time of the transaction.
The company joins a group of other educational platforms that have embraced digital currency as a means to facilitate payments. As Skilljar CEO and co-founder Sandi Lin explained to CoinDesk, one of the chief benefits of the integration is that international students have the opportunity to pay for their education at a reduced cost. She cited the financial barriers within the global payments network, saying: