Bitcoin Users Can Now Pay Electricity Bills with Bitcoin in Japan

By September 26, 2016Bitcoin Business

Bitcoin users in Japan can now pay their electric bills with their favourite cryptocurrency and save money as well. The mainstream acceptance of Bitcoin is growing with time and in Japan, where Bitcoin has official currency status, Bitcoin has just taken another great leap. ResuPress Inc. the company which operates Coincheck, a Bitcoin payment service, has partnered with Mitsuwa Industry Co. Ltd to allow Japanese users to pay utility bills with Bitcoin. Coincheck Denki (electricity) will be launching in November 2016 and will enable users to pay electric bills with Bitcoin. Heavy Bitcoin users to save 4-6% on electric bill Coincheck Denki has two plans on offer for customers. One plan is for light users and the other for heavy users. We talked to Kagayaki Kawabata , the Business Development Lead at Coincheck about how they plan to classify users. He says to CoinTelegraph: “Light users are people who are not still familiar with Bitcoin. With the light user plan, a customer will pay bills with traditional payment methods but will earn Bitcoins every time they make a payment. Heavy users are users who already know about Bitcoins and use Bitcoin as a occasional payment already. With the heavy user plan, people can pay bills with Bitcoin and save 4%~6%.” Service will roll out in phases The supplier of Coincheck Denki, E-net Systems, has partnered with Marubeni Power Retail Corporation which has power plants in 17 Japanese locations and a background of operating electrical businesses in more than 22 nations. We asked about where in Japan the Coincheck Denki service will be available and learnt from Kagayaki Kawabata that currently it will only be in the Kanto, Kansai and Chibu regions. It is noteworthy that Kanto and Kansai are the major centers of population in Japan and include key […]

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