Paying or getting paid with digital coins is the norm in the cryptocurrency sector. Participants in many other industries, however, may also be tempted to take advantage of the benefits offered by decentralized currencies. In the case of bitcoin cash (BCH), that means fast, secure and low-cost transactions. Some platforms facilitate crypto payments between companies and their employees, while peer-to-peer settlements remain a viable option as well.
Crypto Payroll Services Offered
Businesses exploring the possibility of introducing crypto payments for their employees and contractors may need the help of companies that specialize in this type of accounting. Bitwage is a well-established platform that provides payroll and human resource services for this day and age, when the use of digital currencies in payments is growing rapidly around the world.
Bitwage helps international companies pay their vendors faster and cheaper using crypto. Many of its clients are employers who want to offer their workers and contractors benefits associated with digital assets. At the same time, it provides individuals who would like to get paid with coins the option to receive some or all of their salary in cryptocurrency.
The platform, which has offices on both sides of the Atlantic and customers from Brazil to India, is working with businesses that need extensive payroll and HR services. It offers a wide range of flexible solutions and pricing to both employers and employees. For payroll funding, Bitwage currently supports bitcoin core (BTC) and ethereum (ETH) as well as multiple fiat currencies including U.S. dollar, Chinese yuan, Russian ruble, and euro.