RATE Group | PiixPay Allows Customers to Conveniently Use Cryptocurrency to Handle Bills and Recurring Payments
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PiixPay Allows Customers to Conveniently Use Cryptocurrency to Handle Bills and Recurring Payments

PiixPay Allows Customers to Conveniently Use Cryptocurrency to Handle Bills and Recurring Payments

In a Nutshell: PiixPay is a fintech platform that allows users to easily pay bills using cryptocurrency. The technology converts Bitcoin, Bitcoin Cash, Litecoin, or Dash to euros and sends the fiat money to the user’s bank account. PiixPay’s Instafill feature allows deposits made to the user’s crypto wallet to be automatically converted to euros and deposited into his or her bank account. The platform promotes the adoption of cryptocurrency by both consumers and merchants by making it simpler to use and demonstrating its real-world use.

When the Co-Founders of PiixPay — Evald-Hannes Kree and Raivo Malter — began mining Bitcoin back in 2013, they recognized cryptocurrency’s value as a decentralized currency system.

But they also recognized how a lack of infrastructure was keeping crypto from reaching its full potential as a form of digital currency.

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“If you wanted to use your cryptocurrency in real life to buy something, it was really a hassle,” said PiixPay Chief…

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