"Bitcoin users can now pay their friends, tradesmen and anyone else; even if the recipient has no knowledge about bitcoin," says Living Room of Satoshi CEO Daniel Alexiuc. "This is a vital piece of payment infrastructure that is now available to all Australians."

Living Room of Satoshi is a payments company that enables payment of any bill that uses the BPAY system using bitcoin. Customers can spend bitcoin to pay phone bills, electricity bills, school fees, credit cards, tax payments and more. Founded in 2014, the company has processed more than $500,000 of Australian bills using bitcoin.

BPAY is an electronic bill payment system in Australia which enables payments to be made through a financial institution's online, mobile or telephone banking facility to organizations which are registered BPAY billers. BPAY is a registered trading name of BPAY Pty Ltd, a wholly owned subsidiary of Cardlink Services Limited. Cardlink is owned equally by the four major Australian banks: Australia and New Zealand Banking Group Limited, Commonwealth Bank of Australia, National Australia Bank Limited and Westpac Banking Corporation.