Bitwage Now Lets Any Employee Get Paid in Bitcoin
Bitwage has announced the beta launch of a new service that allows employees and independent contractors to receive part of their paycheck in bitcoin, even if their employers don't offer the option. Called Bitcoin Payroll for the Individual, or BP(i), the launch from California-based startup follows a notable announcement from its competitor BitPay, which revealed that payroll service providers Zuman and Incoin had integrated its payroll API yesterday. In an interview with CoinDesk, chief strategic officer Jonathan Chester emphasized how the BP(i) product brings a new twist to existing....
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Bitwage, a payment solution that allows employees, freelancers and contractors to be paid in a variety of payment methods, has developed a solution to enable people seeking work to provide verified references, according to a blog by Jonathan Chester, Bitwage founder and president. The Bitwage payment verification solution, “My Employment” (M.E.) generates data about its users that allow them to build trust with potential customers, including information about their work history. M.E. provides an employee profile allowing the employee to integrate reputation information from clients they....
Bitcoin payroll startup Bitwage has added support for credit and debit card payments. Users can can now link their credit or debit card numbers to their Bitwage account, allowing them to choose that employee payment option in addition to bitcoin and traditional wire transfers. The option has a standard monthly limit of $500. President and founder Jonathan Chester said the startup explored various merchant acquirer options, ultimately settling on an acquirer he declined to name. Support for card payments is live as of today, according to Bitwage. Chester said that the new offering was a....
But there is more good news, as Bitwage also announced additional payment outputs. Local currency payouts are coming to the US, Europe, India, Vietnam, and Argentina. Bitwage continues to make a name for itself in the payroll business. The company has announced the launch of their new “My Employment” feature. This new offering lets users create a payment-verified professional profile, and creates a reputation system for Bitwage users. This should help freelancers and other remote workers increase their [international] client base. For a lot of people, the Bitwage service is a solution to a....
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....
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....