Bitwage Launches International Bitcoin Payroll for US Employers
Bitwage has launched a new bitcoin-based payroll product that allows American companies to pay employees outside the US in their local currency. The company's first partnership as part of its international push is with bitcoin exchange Coins.ph, and allows firms to quickly and cheaply pay workers in the Philippines - even if they don't have a bank account. Jonathan Chester, founder and Chief Strategy Officer of Bitwage, told CoinDesk he sees bitcoin as the singular payment protocol for paying people across the globe. He explained: "The core of our products is basically trying to figure out....
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Today, we have an interview with the founder of Bitwage, a company that aims to pay workers with bitcoin that in turn pay bitwage through wire transfers. The instructions are fairly straight-forward. Bitwage will send you a bank number, you tell your employer to wire transfer your paycheck to said bank number and voila, bitwage will then pay you in bitcoins. What is Bitwage? “Bitwage is the largest bitcoin payroll provider in terms of users and volume. We make it incredibly easy for anyone to send and receive wages in bitcoin. We offer three main solutions, payroll individual, payroll....
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....
Just several days ago we brought you news of a new service called Paybits. Paybits effectively allows employees to control how much of their paycheck gets converted to bitcoin, but yet another company is coming on the scene to help out with bitcoin payroll. Dubbed Bitwage, the company took to social sharing website Reddit.com to submit their press release. What they are offering is a service that serves as "the first formal bitcoin payroll service." As of today, the payroll service has launched in the form of a private alpha, and the company says this alpha has been designed for smaller....
The update brings a redesigned dashboard and new features for employers and workers seeking to pay and 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....