Eva Energy Enables Crypto Bill Payments

Announcements, Blockchain, FinTech | July 25, 2017 By:

Romania’s Eva Energy has teamed with Singaporean blockchain startup COSS to enable gas and electricity bill payments in multiple cryptocurrencies.

Eva Energy is an energy supply company dedicated to delivering integrated utilities, including electricity and natural gas, to industrial and domestic customers. The company claims it has has gained substantial market share as a result of its customer-oriented policy and concern for the development and quality of supplied electricity.

COSS has developed a payment gateway for its customers accepting cryptocurrency payments for their services and products to boost the adoption rate. COSS is currently supporting a broad range of cryptocurrencies on its exchange, including BTC, ETH, LTC, DASH, XEM, LSK, PAY, BNT, SNM, VRS, ARK, TaaS, CVC.

By 2019, Eva Energy aims to cater to 300,000 gas and electricity customers, providing them with the option to pay their monthly bills in any cryptocurrency offered through the COSS payment gateway.

According to Eva Energy’s five-year business plan, the company estimates to generate EUR 55.5M as a result of geographical expansion and growth by establishing distributor networks and direct operation in select markets. Eva Energy will also aim to raise EUR 5M by issuing new products. Eva Energy also targets human resource investment and investment in assets to support its plans for growth and capitalization. For this purpose, the company will soon issue BITWATT, an energy trading platform and token.