Wagepoint is a progressive HR company always looking to innovate its offerings so they can continue to give customers and their employees the very best in online payroll. At present, companies / employees have the opportunity to directly deposit payroll into bank accounts with established financial institutions. But now for the very first time, SMB’s in Canada can give their employees a brand new alternative i.e. bitcoin wallets.
“Bitcoin is gaining traction as a mainstream currency, and as more
merchants sign up to accept bitcoin, it is inevitable that this virtual
currency will find its way into compensation. So, we built an option in our
payroll software for employees to convert a portion of their net pay into
bitcoin. It is an idea founded on our progressive views to help address the
changing needs of the digitally savvy workforce”, says Shrad Rao, CEO of
Wagepoint.
While adoption rates in Canada might be slow at first, Wagepoint
anticipates much larger demand in the US once Wagepoint Pay becomes available
in that market. The US beta launch is currently slated for January 2014 and
users who are interested in being notified can sign up here.
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