• Sun. Aug 14th, 2022

Bitwage Partners with Edge Wallet and Casa to Streamline Bitcoin Payroll Services for Consumer Audiences Cryptocurrency

ByHazel R. Lang

Aug 1, 2022

Cryptocurrency payroll service Bitwage announced on Monday that the company has partnered with digital currency wallets Casa and Edge Wallet to “bring bitcoin payroll to the mainstream.” Now, Edge Wallet and Casa users can connect to Bitwage platform services via deep link or QR code.

Crypto Payroll Company Bitwage Partners with Casa and Edge Wallet

Since John Lindsay and Jonathan Chester launched Bitwage in 2014, the company has offered bitcoin (BTC) and cryptocurrency payroll services to people in countries around the world. Following the company’s announcement that Ultimate Fighting Championship (UFC) strawweight Luana Pinheiro would be paid in BTC through Bitwage’s payroll services, Bitwage announced that it has partnered with Edge wallet companies Wallet and Casa.

Prior to partnering with Casa and Edge, Bitwage users had to provide a wallet address in order to take advantage of the company’s payroll services. However, Casa and Edge Wallet users can now use a QR code or deep link “without the need for a manual public key exchange,” Bitwage detailed on Monday. Bitwage thinks this feature is a nice improvement for enterprise customers.

“This partnership is exciting because it creates access for a whole generation of newbie crypto users,” details Bitwage’s August 1 announcement. “While experienced users always have the option of connecting an address from any wallet, new users have the option of having a user-friendly and secure experience finding their first wallet and connecting it to Bitwage.”

“Our collaboration with Bitwage on the creation and deployment of the Address Request Protocol represents our laser-like goal of making crypto simple and transparent for end users,” explained Paul Puey, CEO and co-founder of Edge Wallet in a statement sent to Bitcoin.com News. “Finally, users can eliminate the need to copy and paste addresses between apps and websites when they need to request crypto in their wallet,” Puey added.

Interest in Crypto Payroll Services Has Grown Over the Past 4 Years

Cryptocurrency payroll services have become very popular over the past four years. Atlanta-based crypto payment processor Bitpay introduced payroll services in 2020. NYDIG also provides bitcoin payroll services and on July 14 the company announced that it had signed an agreement with the team of Major League Baseball (MLB), New York Yankees.

The announcement clarifies that NYDIG will provide a bitcoin payroll to Yankees players and employees. During the announcement, Bitwage co-founder Jonathan Chester explained on Monday that people using non-custodial wallets teach them how to do their own banking.

“Education is a very important part of the Bitwage experience, and part of that experience is helping our users understand wallets while teaching them how to be their own bank,” said Chester, CEO of Bitwage. “Edge and Casa are two of the best and most secure wallets on the market. Our partnership with these wallets is just the beginning of our journey to educate millions of workers around the world about bitcoin, cryptocurrency and stablecoins and what it means to get paid in these currencies.

Keywords in this story

Bitcoin, Bitcoin Payroll, BitPay, bitwage, Bitwage Crypto Payroll, casa, Crypto, crypto assets, crypto payments, edge wallet, Financial Tech, Fintech, Jonathan Chester, New York Yankees, noncustodial wallets, paid in bitcoin, paid in crypto , Paul Puey, payment services

What do you think of crypto payroll services firm Bitwage’s partnership with Casa and Edge Wallet? Let us know what you think about this topic in the comments section below.

Jamie Redman

Jamie Redman is the News Manager at Bitcoin.com News and a fintech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written over 5,700 articles for Bitcoin.com News about disruptive protocols emerging today.




Image credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. This is not a direct offer or the solicitation of an offer to buy or sell, or a recommendation or endorsement of any product, service or company. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.



Source link