Time will tell how many customers will accept Bitcoin as a method of payment for their utility bills, says Enercity which announced on Friday, September 16 that Hanover residents can now pay for their energy use with the virtual currency.
Enercity CEO, Dr. Susanna Zapreva, who made the announcement, said digitization has already been fixed into various parts of the everyday life of their customers and the introduction of Bitcoin payment is just a step on the road to the digital future.
Bitcoin is appropriate to achieve such a decentralized payment system.
PEY allows the direct purchase of Bitcoin by debiting a user's bank account directly via SEPA Direct Debit.
The German FinTech and Blockchain startup's new partnership with Enercity will allow customers in Hanover to pay their electricity, gas, district heating and drinking water with Bitcoin.
In addition to the special payment code that will now be included on every single Enercity invoice as from this month, the customer service office in the city center and Enercity's headquarters will have PEY Payment Terminals ready for anyone who wishes to make a payment on the premises.
This is particularly valuable because Bitcoin payment is not subject to geographical limitations but all that is needed is an Internet access and a Bitcoin wallet.
