Bitcoin Utility Payments Gaining Popularity: Australia, Philippines, Canada
Bitcoin utility payments are not very popular at the moment. Most such services are designed for users that are already familiar with Bitcoin. Nevertheless, Bitcoin payment services are in constant development. That’s why they foresee growing popularity of Bitcoin utility payments in 2016. Australian-based service Noghi allows Australians to pay utility bills or invoices directly with Bitcoins from anywhere around the globe. Noghi supports Bpay services which allows people to pay their bills without a bank account. According to Eoin Mullins, founder of Noghi, the service has just under 100....
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Over the past year, bitcoin startups in the Philippines and Australia have begun to target day-to-day expenses and remittances; markets that are in desperate need of instantaneous, secure and cost-effective payment systems. Startups including Australia-based Living Room of Satoshi and Manila-based Rebit.ph, also known as the parent company of Bills Ninja, have been trying to educate the global population to use bitcoin in day-to-day expenses, such as paying utility bills and settling bank payments. Paying Bills with Ease. Earlier this year, Rebit.ph acquired bitcoin bills payment platform....
The Philippines will hold a convention on payments and e-commerce this September to highlight the growth an opportunities in this industry. This will bring together more than a thousand attendees, 60 speakers, and 40 international and local exhibitors for the Cards & Payments Philippines and E-Commerce Show Philippines expo, with some set to discuss cryptocurrency trends in the country. The events will be held in the SMX Convention Center in Manila from September 2 and 3, with industry leaders from the Department of Trade & Industry, Bangko Sentral ng Pilipinas, Globe Telecom, E-PESO, Land....
Shiba Inu has been taking the payments route to provide more utility for the cryptocurrency. Over the past year, numerous brands and merchants have begun to accept the meme coin as a mode of payment, seemingly to leverage the popularity of the coin among investors. It has now taken another step in its payments utility […]
The first instant remittance service to the Philippines has launched, using Bitcoin to facilitate near-real time funds transfer to the country. Zinger, a startup initially servicing the Canadian-Filipino remittance corridor, has announced a partnership with local service Coins.ph. Now, banked workers in Canada can use the domestic payments provider Interac to pay for a Bitcoin transmission to a Coins.ph wallet, which may be cashed out at a range of Philippines locations. Lorne Lantz, creator and CEO of Zinger, told CoinTelegraph that he came onboard with Coins.ph, one of a considerable....
Universal bitcoin company Satoshi Citadel Industries' Rebit.ph has partnered with California-based global transaction network and money transfer platform ZipZap to enable Filipino expat workers in Canada to send money back to the Philippines using the ZipZap payment application. Filipino workers spend around USD$2 billion in transaction and conversion fees when sending money back to their families. The remittance services and outlets such as Western Union and Lhuiller (Filipino Local Remittance Service) can be extremely expensive and inefficient, as it requires 5 percent to 12 percent of....