PEY Offers Bitcoin Payroll to T3N Using Bitpay’s Solution

General News

Summary

Based out of Hannover, Germany PEY has further extended its partnership with Bitpay by integrating its bitcoin payroll into their offering. The company is already providing its bitcoin payroll API to OPSkins, a Canadian gaming marketplace and US-based Zuman HR platform. By including bitcoin into the payroll, companies can save a lot of time and transaction costs otherwise associated with conventional fiat transfers. Following the Paris attacks, there have been calls from various EU nations to either ban the use of bitcoin or introduce tough regulations to rein in the digital currency ecosystem in the region. We believe that it is a good move by PEY and t3n to enable bitcoin payroll and hope for more companies across the world to follow suit.

Classifications

industries
Fintech & Banking
applications
Accounting and Taxes

AskAI Classifications

Labels
Human Resources Software Payroll Software Benefits Administration Software

Linked Companies

ZumanHR
$1M to $5M
BitPay
$10M to $25M