Post
Topic
Board Press
Topic OP
[2014-09-08] More Companies Are Paying Employees in Bitcoin
by
ganabb
on 08/09/2014, 02:50:01 UTC
http://www.coindesk.com/companies-paying-employees-bitcoin/

Canadian firm Wagepoint has been helping companies do this north of the border, and has just inked a deal with Buttercoin in the US to help it there, too.

Wagepoint, a startup based in Waterloo and Nova Scotia, Canada, offers Canadian and US companies an easy way to process payroll online.

The firm handles payroll deductions for tax purposes and files all the necessary paperwork electronically. It has processed $120m in payroll payments using traditional fiat currency, but now, a growing percentage of customers are taking advantage of its bitcoin payment services, says CEO Shrad Rao.