How People Pay Bills With Bitcoin All Around The World
It's getting easier and easier to pay your day-to-day expenses in cryptocurrency. Now you can add to the list gas, electric, cable, and cell phone bills.
It's getting easier and easier to pay your day-to-day expenses in cryptocurrency.
Now you can add to the list gas, electric, cable, and cell phone bills. And it's probably faster to use one of the services below than it is to mail a check, enter credit card information, or go through PayPal, anyway. Fees for the services mentioned below range from 0.5 % - 3 %.
Take a world tour with these bill pay providers:
Bylls – Residents of Canada can pay essentially any bill using Bylls – users need not limit themselves to utilities. "Unverified" users – those who choose not to submit government papers – can use Bylls to pay up to CAN$1,000 worth of bills per month. "Verified" users can pay up to CAN$5,000 per month.
Volabit or Pademobile – Volabit recently integrated a digital assistant from Whatsapp named Jaime. Using Jaime, users can pay both utility and phone bills in Mexico with Bitcoin.
Pademobile offers services to both Mexico and the U.S., but its utility and phone bill pay services are more geared to Mexico. It behaves much like Kenya's mPesa, allowing users to send anyone money via a simple text message. But unlike mPesa, Pademobile uses Bitcoin, not fiat.
Pakistan or Malaysia
PayBill – Residents of either of these regions can use PayBill to pay gas, electricity, cell phone, landline or Internet bills. No account creation or document submission is needed.
PayBill accepts bitcoin, litecoin, and dogecoin and hopes to expand its services to more regions soon.
Living Room of Satoshi or Noghi – Living Room of Satoshi was among the first Bitcoin-to-bill-pay services to emerge. After temporarily shutting down while deciding whether or not a Bitcoin tax applied to them, Living Room of Satoshi re-opened for business last year.
Like Living Room of Satoshi, the company Noghi uses the BPay network (the organization that centralizes utility billing in Australia) to offer users the ability to pay all BPay bills with crypto instead.
enBitcoins – During the last few months as the Argentinian peso has undergone rapid inflation, enBitcoins has been offering bill payments with the more stable bitcoin. No government papers are needed to use the service.
Coins.co.th – This company functions similarly to Mexico's Pademobile – it's a wallet that offers utility and phone bill pay services.
Coins also acts as an exchange for both buying and selling bitcoins, making it far easier for Thai residents new to Bitcoin to get their hands on some.
The Bills Ninja will pay your Filipino bills while kicking and punching. No government papers are needed to use the service, and users can create an account for personal recording-keeping, or just go account-less.