I propose this question to the less drunk smart people: What's the difference between paying in BTC to a retailer compared to using this plugin that links to a Pay Base wallet assuming you don't have to provide personal information in your pay base wallet?
I should clarify that I have not used the "bill pay" feature from my bank before. I always use the "auto pay" features from my utility where I provide my bank account/routing number and they auto withdraw the necessary amount. I don't know if this is better or worse, but I wanted to clarify since I clearly said "bill pay" above.
I don't believe you would be able to use most if any PayBase features without KYC. Anything that touches fiat is a money transmitter, even crypto-only businesses might become such in the near future. Get your SSN ready.
Bill pay from a bank (in the US) works pretty much the same way with a couple of advantages:
1) You can pay anyone, even your grandma - they will mail a check if they can't do a direct ACH transfer.
2) You can pay all your bills in one place.
In the EU/SEPA it's even simpler because there is no need to mail a check - just get your grandma's IBAN.