Get Paid in Bitcoin With BitPay's New Payroll API
What's the easiest way to get bitcoins into your wallet? Answer: Get paid in bitcoin. BitPay, the world's largest digital currency payment processor, now lets employees do that with the beta release of its Bitcoin Payroll API for employers. "For the longest time the hard question was 'How do I buy bitcoin?'" said Tony Gallippi, co-founder and CEO of BitPay. "Now the answer is easy: 'Ask your employer.'". American W-2 employees (see below) can elect to have all, or part, of their salary paid in bitcoin for every pay period. It works as a 'net payroll deduction', meaning taxes and garnishes....
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With Bitpay Payroll Services, you now can ask your employer to pay you in Bitcoin! ATLANTA-(BUSINESS WIRE)-BitPay, the world's largest payment processor for virtual currencies, announces a beta release of their bitcoin payroll API for employers, which allows their W-2 employees to receive a portion of their net pay in bitcoin. "Since all payroll and withholding taxes are taken out first from the employee's gross income, bitcoins can be sent from the net pay tax-free, and the employer's gross income reporting to the IRS remains unchanged." The Bitcoin Payroll API is designed for employers....
With the launch, BitPay now provides a new alternative to crypto payroll services such as BitWage.
Payroll in Bitcoin has just reached Germany, with payment processors BitPay and PEY partnering to allow Germans to make their living in cryptocurrency. Salary to be paid in cryptocurrency. Last week, Bitcoin payment processor BitPay announced that they had begun a new partnership with PEY, a German Bitcoin payments venture. The Hanover-based company broke the announcement on their site as well, joining Canadian gaming company OPSkins and American human resources company Zuman in using BitPay’s Bitcoin payroll API. PEY will be debuting Bitcoin payroll with t3n, a technology publication,....
The Atlanta-based cryptocurrency payment processing company Bitpay is now getting involved with payroll services. The firm announced the launch of Bitpay Send, a mass payout service that enables organizations of all sizes to pay employees, affiliates, and freelance contractors. Bitcoin and cryptocurrency payment services provider Bitpay has announced the launch of a new product called Bitpay Send. The new platform is called a mass payout service and it aims to help employers and other types of organizations pay workers in crypto. In addition to the Bitpay Send launch, the firm also....
BitPay, known as the world's largest digital payments processor, has announced the release of their bitcoin payment API (in beta for employers in Georgia and S. Carolina, and for licensed payroll providers in the United States), which allows employers to pay a portion of their W-2 employees' net pay in bitcoin. BitPay says the API is designed for both employers and payroll providers, and employees seeking to have a part of their pay made in bitcoin can just ask their employer, provided the employer uses the payroll API service. "For the longest time the hard question was 'How do I buy....