Bitwage Now Lets Employers Pay Workers With Credit Cards
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....
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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....
Bitwage has announced the release of its API, integration with Hubstaff and enabling of Credit Card payments. Offering Payment Solutions. In its latest press release, Bitwage states that facilitating international wage payments is quite painful. Bank wires and traditional financial technologies are slow and costly. It is however, prepared to tackle this problem. When sending wage payments to the Philippines through an international wire for instance, it can take up to 5 days to arrive. In addition to this you can often lose over 10% in fees and bad exchange rates when compared to Bitwage....
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....
Uphold has recently unveiled a new partnership with the payroll payment service Bitwage, which will allow its users to receive their wages in Ether from now on. CoinTelegraph talked to Jonathan Chester, Bitwage President, about this move. Ether, the new, hot cryptocurrency which has taken the spotlight for entrepreneurs and speculators all over the world is in hot demand. Based on the Ethereum Blockchain, this cryptocurrency has a $1 billion market cap, and a company has already raised over $150 million in the space. Many believe that Ethereum has the potential to bring about decentralized....
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....