What are the associated costs with those services?

Probably lower than with Bitcoin.

Really? I wasn’t aware you could send $1k for Pennie’s like you can with Bitcoin. Very cool!

You mean the equivalent of $1k based on the spot price of bitcoin? But I don't have bitcoin and my recipient doesn't want bitcoin.

If I send $1000 USD to my friend in Australia using bitcoin how much AUD do they receive? And what does that process look like?

A fraction of a percent.

Not too bad. Bitcoin would probably only be worth it if you were moving larger amounts.

Fees