Topic: [2017-10-04] Large Japanese Energy Supplier Adds Bitcoin Payments With a Discoun (Read 2304 times)

Payment by using bitcoin as done japan has some benefits for example are transaction will be easier, faster and payment is not complicated. thats all what needed by citizens and also for the future businessmens. The increasing number of companies currently using payments with the bitcoin system will affect the price of bitcoin is getting higher in the future

In western countries may offers ultimate convenience financial structure and you can pay every bill easily, but what happens in Japan is something else, but consider it as a good idea. Bitcoin was meant to be an alternative payment method, so Japanese people make it happen. They just offer one of many ways to pay your bills, whether you want to pay with cash, bank transfer or whatever, in the end, it get paid. For bitcoiners, it's another experience and a good achievement where you can spend bitcoin easily and accepted everywhere.

No doubt why Japan is now conquering the bitcoin. They adoption of bitcoin there is massive. There's now wonder why Japan now is the most influential in the bitcoin market. I think it surpassed China. China don't have the power over bitcoin. They cannot easily manipulate bitcoin now. Japan i think is the most bitcoin friendly, in my opinion. Anyway, in my country (Philippines). I can pay my electricity bill with bitcoin. My local wallet which is coins.ph allows you to pay your electricity bill with your bitcoin. But you cannot pay electric company with bitcoin directly. It's good to know that Japan did the same thing. Good job Japan.

Ok, you pay with your Bitcoins, and then what? Whether you're doing it with fiat or with Bitcoin, it doesn't make a difference at the end -> the bill(s) get paid anyway. The only way I see this become a viable option, is when people in certain countries don't have access to a bank account, or have to deposit cash in physical form at a certain service point, where they then wire the money to whatever business for you. Or perhaps I am too spoiled with the financial infrastructure here in the western world that offers ultimate convenience and usability, and for that reason not really see the point of this. May I know where you come from? Perhaps that will shed some light on why you like this bit of news so much.

I like these Japanese, they accepted bitcoin very well, it would be very good if in my country I could pay the electricity bill, the water bill, the tv bill, the internet bill, with my bitcoins, but with this government of my country, this is a dream that will not be realized so soon. perhaps because of how the Japanese politics or state is divided, makes it easier for bitcoin and other technologies to be accepted.

Remix Point, a Japanese company engaged in a number of energy-related businesses, has recently launched a new electricity service with bitcoin payments integrated to serve customers all over Japan. The company is now offering customers who pay with bitcoin a discount on their electricity bills. Bitcoin payments are processed by the company’s cryptocurrency exchange subsidiary, Bitpoint.

Integrating Power Business with Bitcoin Payments

Established in March 2004, Remix Point is listed on the Tokyo Stock Exchange and has a market capitalization of approximately 57 billion yen at press time. The company engages in a number of energy-related businesses such as developing and selling energy management systems; energy conservation consulting; selling energy-saving equipment; and electricity retailing.

In February 2016, Remix Point developed a retail electricity business centered on high-voltage clients in the Tokyo Electric Power Company (TEPCO) service area. This service was expanded across Japan in August this year. The company subsequently expanded its retail electricity business to service low-voltage consumers beginning on October 1. Low-voltage customers include households, corporations, and retailers.

Along with the new service, Remix Point also announced the integration of bitcoin payments into its new offering. Bitcoin is not only accepted for electricity payments, but the company offers discounts for customers paying with the digital currency. The company wrote:

        "Payment of utility bills in virtual currency has already been introduced."

Bitcoin payments are made through the company’s subsidiary, Bitpoint, a cryptocurrency exchange and payment service provider.

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