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by barnaby 4279 days ago
Good point. This app would make more sense with bitcoin in order to avoid the fees, and would have several benefits over paying rent online through a bank (or over having to write a check by hand and mail it in). Some examples:

1) Instead of waiting 3 days for a bank transfer to clear (or for a check to go through the mail), you could pay your rent through an app like this in seconds using bitcoin (and not pay 3% for the convenience of instant payment).

2) If you're working remotely in a different country then you could use this app with bitcoin to pay neither credit card fees nor SWIFT fees for international bank transfers.

3) If you're an early adopter and your bitcoin appreciate over time you'd effectively be paying tomorrows rent with a big percentage discount with todays BTC purchases if you could use this app with bitcoin.

etc. etc.

1 comments

Dwolla might be a good alternative payment system for the app to support also, with a $0.25 processing fee for the transfer part of the fee. Online billpay mailing a check for no fee still wins though.