Living Room Of Satoshi a nifty service offered for Australian bills, credit cards and bank accounts.
This has been discussed on here in the past, and I had first looked at it many months ago to sort out some urgent bill payments.
Most recently I tested out the "direct to bank account" option, and was surprised at how quickly the money came through. Maybe it depends on your bank/institution, can't say for sure, but I had cash in my account in about 8 hours. Bank to bank transfers can take 3 business days, so an 8hr turnaround it FAST!
They say that if you pay a BPay bill it should be recognised as paid by the biller the next business day.
There exchange rate seems competitive, better than the few other Australian BTC exchanges, and better than using Coinbase, with their exorbitant fees.
They have a rewards system too, with your payments accruing points that you can redeem for things like headphones, a tea pot, a Lamborghini sports car (yeah, and all you have to do is spend $160,000,000 AUD (you earn one point per $1 sent through their service). A more realistic goal might be a Ledger Nano S, currently redeemable for 17,000 points, or 7,000 points for a set of silver cufflinks.
So if you have any Australian bills to pay (phone, electricity, water, gas, tax, medical etc etc) consider https://www.livingroomofsatoshi.com as a fast digital BTC payment option. No account required either, so no fuss about verifying your identity etc and all the hoops that most exchanges make you jump through.
Is it just for Australia? I would like to have some services like this here in my country, its so convenient.
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