Japanese Can Soon Pay Utility Bills with Bitcoin

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Japanese Bitcoin services firm Coincheck today announced “Coincheck Denki“, a service allowing local users to pay utility bills with bitcoin.

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Furthermore, bitcoin users will actually save money — up to 4%-6% for “heavy users”. Even lighter users can save on their bills, Coincheck said. Users will also collect the amounts they save in bitcoin, stored in a Coincheck wallet.

Earlier, Coincheck’s parent company ResuPress Inc. formed an initial partnership with Mitsuwa industry Co. Ltd. In order to facilitate bitcoin payments, Coincheck will collaborate with Mitsuwa’s subsidiary E-net Systems Co, Ltd.

‘Major milestone for Bitcoin’

Coincheck DenkiCoincheck Business Development Lead Kaga Kawabata said his company has “achieved a major milestone for Bitcoin”. Customers may begin paying in bitcoin from November.

The service is the first of its kind in Japan, where Bitcoin is

Read more ... source: TheBitcoinNews