Can Banks be Replaced by an App? BitWage says yes they can
Shouldn’t the world of Bitcoin and its advanced new technology be making life easier? Shouldn’t sending an employee paycheck, in Bitcoins, be just as easy as sending payment via QR code? Fast, easy and as smooth as a swipe of your seven-inch screen, BitWage thinks so too. This week they’ve introduced the world to they first smartphone app for business....
Related News
BitWage is a company that allows you to receive a percentage of your paycheck in bitcoin. The company also provides assistance with legal papers. Additionally, it is not necessary to have a bank account to use Bitwage’s services. Amagi Metals and ChangeTip both use BitWage to pay their employees in Bitcoin, making it a well-known company in the Bitcoin space. I was able to talk to Jonathan Chester, the founder and Chief Operations Officer of BitWage, and ask him a few questions. Below is a YouTube video by Jonathan showing you how to sign up for BitWage.
Bitwage is an international bitcoin payroll provider. The company offers a service that enables users to receive their wages in bitcoin. Bitwage is trying to introduce the future of international payroll. Companies using Bitwage can reduce payroll costs, and other benefits while being able to increase visibility into the payment process. Bitwage developed an app that simplifies the payroll process for people working abroad. The company allows employees to both receive a wage and pay for goods and services in Bitcoin. Through Bitwage, people no longer need to have a bank account to receive....
Having been successful in the US and beyond, Bitwage Payroll for Individuals (BPI) is ripe for Europe. In their recent press release, Bitwage have announced the launch of the Bitwage Payroll for Individuals in Europe. The announcement reveals that this service will allow users to receive their wage in a variety of outputs including Euros, Gold, Silver, Bitcoin, 20+ other national currencies or even a Euro denominated debit card with as fast as same or next day payout speed. Jonathan Chester, President of Bitwage, says: “In 2015, the European Union had a higher GDP than the United States.....
Bitwage is now operating in India offering to improve international wage distribution with cryptocurrency. Now millions of workers from India will be able to get their wages paid in bitcoin and INR. Bitwage Now Available for Indian Workers. On December 21 Bitwage announced a strategic partnership with the Indian bitcoin-based firm Unocoin. By utilizing....
Readers may already be familiar with Bitwage, the San Francisco-based company that lets people receive part of their earnings in bitcoins. It works pretty simply. The user delegates a portion of each paycheck to the Bitwage account, and in return he is credited with bitcoins to any wallet he chooses. Bitwage COO Jonathan Chester spoke to CCN and told us that there are three kinds of customers looking to use Bitwage at the moment. There are the ones who are just looking to build steadily up Bitcoin, long-term holders. There are those who are looking to take the funds and use them in the....