Bitwage emerged as a local bitcoin payroll service provider in July 2014.Bitwage launched international payroll services for the first time."/>
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Bitwage launched international ETH payroll services for the first time.
1. Bitwage Introduces ETH Payroll
Services
Ethereum has carved its niche in the cryptocurrency realm. With its digital token i.e
Ether being remarkably popular, the demand for the same is largely increasing in
international markets. It has been immensely successful in grasping the attention of
cryptocurrency enthusiasts all over the world and people are seeing it as a magnificent
investment option. Comprehending its value and a potential to thrive and flourish,
hundreds of online exchanges have included ETH as a payment and exchange
alternative.
2. As we see it growing, Ether is now following the impressions of bitcoin. The emergence
of Decentralized Autonomous Organization (DAO) has pushed it even further and paved
ways for many new applications.
ETH Payroll Service
An American financial group, Uphold is partnered with Bitwage, an international payroll
service provider with a sole aim to provide ETH wages to its employees. Bitwage has
been providing Bitcoin Payroll Services for quite some time now and with the inclusion
of Ether, it is all set to take it even further. Bitwage acts as an intermediary between
various employers and workers. It allows the employers to pay their employees in the
desired digital or local currency.
The process is pretty simple. All the workers under Bitwage payroll scheme are given
separate account numbers based on their current locations. The employers are required
to transfer funds to these bank accounts and the amount is converted into the desired
currency. Bitwage also increases transfer speeds, reduces payroll costs and makes the
process trackable from both ends.
Brief History Of Bitwage
Bitwage emerged as a local bitcoin payroll service provider in July 2014. It was founded
by John Lindsay and Jonathon Chester. Bitwage initially offered bitcoin payroll services
to the local American citizens. It expanded subsequently and the following year,
Bitwage launched international payroll services for the first time.
Also read BTC Salary: A Dream Or Reality
As of August 2015, the total revenue collected by the company was over 1 million USD.
Bitwage currently has a profound userbase in more than 80 countries and it has been
3. readily helping a vast number of employees, contractors and freelancers to receive BTC
wages from various organizations.
For more visit:
https://www.digitalcoinsexchange.com/blogs/bitwageintroducesethpayrollservices/