Bitwage Introduces Payroll Services for 18 Additional Fiat Currencies


Bitwage Introduces Payroll Services for 18 Additional Fiat Currencies

Bitwage has announced that it will introduce 18 new currencies for invoicing. Bitwage is a bitcoin payroll and international wage payment service that allows its users to be paid or pay wages in bitcoin.

Also Read: Major Chinese Exchanges Launch P2P Trading Platforms

Bitwage Now Offers Bitcoin Payroll Services for 25 National Currencies

Bitwage has expanded its operations, making 18 more national currencies available to customers seeking the company’s payroll services. Individuals getting paid in the following currencies are now able to access Bitwage’s bitcoin payroll and international payment services:

Bitwage Introduces Payroll Services for 18 Additional Fiat Currencies United States Dollar (USD)
British Pound (GBP)
Swiss Franc (CHF)
Australian Dollar (AUD)
Euros (EUR)
Japanese Yen (JPY)
Canadian Dollar (CAD)
South African Rand (ZAR)
Turkish Lira (TRY)
Singapore Dollar (SGD)
Swedish Krona (SEK)
Saudi Arabian Riyal (SAR)
Russian Ruble (RUB)
Romanian Leu (RON)
Polish Zloty (PLN)
New Zealand Dollar (NZD)
Norwegian Krone (NOK)
Mexican Peso (MXN)
Israeli New Sheqel (ILS)
Hungarian Forint (HUF)
Hong Kong Dollar (HKD)
Danish Krone (DKK)
Czech Koruna (CZK)
Brazilian Real (BRL)
Philippine Peso (PHP)

Bitwage cofounder, Jonathan Chester, describes Bitwage having witnessed significant growth in cryptocurrency adoption during 2017. “With the recent interest in digital currencies over the last year, there has been tremendous growth in users who want to receive their wages in or through digital currency. Some users understand the potential for faster and cheaper cross border wage payments, while others are just looking to speculate. Now, we have unlocked the potential for this growing base of users to receive their wages from 18 new currencies.”

Bitwage has Expanded Its European Presence During 2017

Bitwage was founded in 2013, and since July of 2014, has transacted over $30m in  Bitwage Introduces Payroll Services for 18 Additional Fiat Currencies transactions with over 18,000 users. During 2017, the company has been focussed on expanding into international markets, particularly European nations. The company has headquarters located in both Silicon Valley and Paris, France.

In July of this year, Bitwage announced that it had entered the UK market. In a blog post on the company’s website, Jonathan Chester stated “for workers in the UK, this now means you are able to have more diversity in how you would like to receive your wages. You can split your wages at any percentage between many different bank accounts and digital wallets.” Earlier this year Bitwage also introduced Unique IBAN numbers for its users living in the European Union.

Do you get paid in cryptocurrency? Share your experiences in the comments section below!

Images courtesy of Shutterstock, Bitwage

Tags in this story
18, bitwage, Europe, expands, fiat currencies, introduces, N-Economy, paid in bitcoin, Payroll, wage

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Samuel Haig

Samuel Haig is a journalist who has been completely obsessed with bitcoin and cryptocurrency since 2012. Samuel lives in Tasmania, Australia, where he attended the University of Tasmania and majored in Political Science, and Journalism, Media & Communications. Samuel has written about the dialectics of decentralization, and is also a musician and kangaroo riding enthusiast.

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