Is this the worlds first bitcoin bill payment system?

[qwerty555]

The Philippines major cities have many options for bill payments, but not in smaller towns.

Those that are 'stand alone"  outlets/services normally work on a small fee from the provider and zero fee from the customer and you need to go there using transport and frequently queue.

I can guess that ninja has a regular payment service provider in the background  ...bitcoin is remitted to Ninja who exchanges it to fiat at the current local rate 1% and then pays your bill for you.

If your busy/at work /want to pay from home or cellphone/ avoid queues (agoraphobic )/lazy or the cost of traveling to a payment center is almost = to or more than the P30 + 1% cost of exchange to fiat... this is a great option. To put in context it costs a minimum of P30 to go and return from anywhere and normally much higher than that.

Very nice and innovative and groundbreaking...Good luck



Newly launched

http://bills.ninja/

https://www.facebook.com/billsninja

size of bills in 2010  add 20-30% for 2014

http://easyoutsource.com/cost-of-living-in-the-philippines/

Home & Utilities

To rent a decent house in the Philippines, where a family of five can live comfortably, will set you back P10,000-P15,000 ($200.00-$300.00) depending on the location of the property being rented.  The average cost for a water connection per month is P600.00 ($12.00).  The average monthly electrical bill if one has a TV, small refrigerator, and 1HP airconditioner will cost you P2,000.00 ($40.00).  Telephone service starts at P600.00 ($12.00), for a basic land line service which excludes long distance calls.  A broadband/DSL internet service with unlimited connection time costs P1000.00 ($20.00) per month.

[qwerty555]

For comparison the state of play in USA for bill payments in 2013

http://ir.westernunion.com/News/Press-Releases/Press-Release-Details/2013/Western-Union-Survey-Reveals-Increasing-Consumer-Adoption-of-Mobile-Technologies-for-Bill-Payments/default.aspx

Bill Payment Landscape

The Money Mindset Index also reveals the mix of channels consumers are using to pay their bills, as they continue to seek choice and flexibility in their payment options:

    46.5 percent of bills are paid via a biller, bank or credit union website;
    20.2 percent of bills are paid via mail;
    19.6 percent of bills are paid via an automatic deduction or recurring payment;
    8.7 percent of bills are paid in-person at a walk-in location;
    3 percent of bills are paid via a landline phone; and
    2 percent of bills are paid via mobile phone.



but in the Philippines  73% have no bank account and only 2% have credit cards and mail is NOT an option

http://www.techinasia.com/10-alternative-online-payments-consumers-merchants-philippines/

so how will the un-banked pay using this service.

They already figured that out (but it is a bit more expensive)

http://prepaidbitcoin.ph/