Australian Startup Rewards Customers Paying Bills with Bitcoin
An Australian startup that acts as an intermediary to enable Australians to pay their bills with Bitcoin is now rewarding customers with a first-of-its-kind loyalty program. Living Room of Satoshi, aptly named after Bitcoin’s pseudonymous creator Satoshi Nakamoto is an Australian blockchain-based payments company that enables its users to settle their bills with bitcoin. Customers can use bitcoin to pay for utilities, home and property rent, school fees, credit card payments and insurance premiums. Now, the payments company has announced a loyalty program which will reap rewards for....
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Coinmap of bitcoin in australia. Bitcoin in Australia has seen solid merchant-adoption in various cities, but one of the biggest problems of bitcoin mass adoption will always be paying for already institutionalized industries. Paying for student loans, internet service, phone service and public transportation are big obstacles in the way of the critical adoption levels Bitcoin-users crave. DISH has recently begun accepting Bitcoin as payment, which helps push past one obstacle, but what about all the other bills that pileup each month? For Australian Bitcoin users, the answer came in May....
An Australian Blockchain payments company called Living Room of Satoshi has crossed a million-dollar (AUD) milestone in bills and bank transfer payments through its blockchain-based bitcoin payment service. Living Room of Satoshi, named after Bitcoin's pseudonymous creator Satoshi Nakamoto has now surpassed $1 million in bills and bank transfer payments pipelined through its service. The Brisbane-based startup launched in May 2014 and has customers paying for utilities, home and property rent, credit card payments, insurance and even fines. Customers can make payments toward thousands of....
Australian bitcoin startup Living Room of Satoshi, a payments company that enables users to pay their bills with bitcoin, has now processed $5 million in household bills with the cryptocurrency. There is a remarkable rise in bill payments using bitcoin in Australia. The numbers are telling. Living Room of Satoshi, the company enabling bill payments in the country with bitcoin, launched in April 2014. By August that year, Australian residents had paid upwards of $150,000 toward bills with the world’s most prominent cryptocurrency. “Bitcoin usage in Australia is growing rapidly, and our....
As Bitcoin grows in popularity, more use cases for the cryptocurrency pop up every day. This time, an Australia-based startup has created a service that allows citizens in the country to pay their household bills with Bitcoin. Paying Bills with Bitcoin. Dubbed the Living Room of Satoshi, the Australian startup allows users to pay their bills with Bitcoin by entering the details of the payment, choosing a payment system (bank account or BPay) and sending their coins to the BTC address shown. Yesterday Living Room of Satoshi tweeted: The Living Room of Satoshi’s new service supports payment....
A new bill paying cryptocurrency platform wins “Best Pitch” at the Technology & Innovation - The future of Digital Payments Conference recently held at the Sidney Hilton Hotel. If you are over 50 years old you probably remember sitting at the kitchen table each monday writing and mailing checks to pay your bills. Bill paying has always been either tedious or expensive and is often both. When this began to change with things like automatic bill payments and direct deposits, exorbitant fees and mistakes like overbilling started becoming commonplace. The Brisbane, Australia startup Living....