18 Additional Fiat Currencies Will Use Payroll Services Of Bitwage

Now, the invoices related to Bitwage can use 18 new currencies. Bitwage is a global wage payment and Bitcoin payroll service, which allows its users to pay wages or get paid in Bitcoin.

Now, 25 National Currencies Is What Bitwage’s Payroll Services Will Be Offered In

The operations of Bitwage are expanded; the customers who seek the payroll services will now have access to 18 more national currencies. The individuals who are paid in the below mentioned currencies can now access the bitcoin payroll of Bitwage and global payment services:

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

The cofounder of Bitwage, Jonathan Chester, describes that during the year 2017, Bitwage has witnessed remarkable growth in the adoption of cryptocurrency. “The latest interest in cryptocurrencies over the previous year has shown remarkable growth in those users who prefer to get their wages in the form of digital currency. There are some users who understand that this will enable cheaper and faster wage payments across the border, whereas others just speculate. Now, with our efforts, this increasing base of potential users can receive their wages in 18 new currencies.

During 2017, Bitwage’s Presence In Europe Increased

Bitwage came into existence in 2013, and since July 2014, it has done transactions worth more than $30m involving 18,000 users. In the year 2017, the focus of company is on expanding in international markets, especially in European nations. The headquarters of Bitwage are situated in Silicon Valley as well as Paris, France.

This July, an announcement came from Bitwage that it has debuted the UK market. On company’s website, Jonathan Chester stated that for people working in UK, this simply means that you will have more diversity to choose the way you want to receive the wages. You have the opportunity to split the wages in any proportion between digital wallets and bank accounts. Previously in the year, Bitwage’s users in European Union were provided with Unique IBAN numbers.