Pay Bills in Bitcoin – Australian Service Processes $4 Million in 16 Months

Pay Bills in Bitcoin in Australia!

Pay bills in Bitcoin or other Altcoins in Australia – Bitcoin payments in Austalia have risen by 3300% in 3 years. And this is only the beginning of the trend!

Pay bills in Bitcoin

Australian Start-up “Living Room of Satoshi” lets people pay their bills in Bitcoin and some other Altcoins.

The name Living room of Satoshi gives credit to the mysterious inventor of Bitcoin, “Satoshi Nakamoto”.

On the website, they state: “We like to imagine that when Satoshi has a bill to pay, he kicks back at the end of the day and pays it in his living room. Hence “Living Room of Satoshi”!

Accepted Coins:

As of now, the Living Room of Satoshi service accepts Bitcoin, Ethereum, Dash, Monero, Litecoin, and Ethereum Classic.

The service has already processed 5 million $ in household bills with those cryptocurrencies.

Bitcoin as a form of payment gains more and more popularity in Australia. People are looking for more ways to spend their coins.

The company is based in Brisbane and awarded the “‘Best State Startup’ for Queensland and the ‘Best New Startup in Australia’ in 2015.

Everyday Bills You Can Pay For:

  • utilities,
  • credit card payments,
  • gas,
  • water,
  • telecom,
  • school fees,
  • home or property rent
  • even tax payments

 

Big plus: customers are charged no fees for bills! This is possible because the company makes money on external exchanges.

Living Room of Satoshi enables anybody to make payments toward BPAY-enabled bills and bank transfers are enabled as well.

BPAY is an electronic bill payment service owned by the 4 biggest Australian banks. Users of BPAY can pay bills for an array of services.

Pretty much every major business(more than 19.000 businesses) in Australia is BPAY enabled. Plus BPAY can be used for federal and state governments.

Not only Australians use the service though. It can also be used from any part of the world – for example, the german parent which pays bills for his daughter who studies in Australia…

Plans For The Future:

Expansion – first to New Zealand and then into other countries around the Globe.

 

 

 

Posted by Crytpocurrency