Bitwage partners with Casa & Edge to bring Bitcoin Payroll to mainstream audiences
Bitwage is the global leader in Bitcoin, cryptocurrency and stablecoin payroll with services across billing and benefits services. The company also offers resources to employers, employees and freelancers with their robust, online platform.
San Francisco, Calif.–(Newsfile Corp. – Aug 20, 2022) – Bitwage has been helping workers globally receive their paychecks in Bitcoin, cryptocurrency and stablecoins since 2014. It has been a paradigm shift in how companies view Bitcoin wages as a perk since remote work and cryptocurrency were driven into the mainstream in 2020. In talks with major corporations and governments, Bitcoin pay has become a hot new benefit for companies looking to acquire and retain talent, with high opt-in rates among millennials – and gene z demographics, while also being a low-cost advantage with minimal overhead for HR organizations. While businesses and governments liked the approach of being able to deposit money directly into any crypto wallet in the world on payday rather than having to lock in a specific wallet, they were concerned about educating employees who wanted to get into Bitcoin or cryptocurrency for the first time. Their main concern was how to educate employees on wallets.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8814/133610_d726d57604e8f9c4_001full.jpg
Working together with Casa and Edge Wallet to offer a new way for beginners to easily download their first wallet and connect it to the Bitwage platform. Previously, when using Bitwage, users had to provide their own wallet address to receive part of their salary in cryptocurrency. Today, Bitwage has streamlined this process: guide new users without a wallet to generate one from Casa or Edge and connect it back to the Bitwage platform via QR code or a deep link without the need for manual public key exchange.
This partnership is exciting because it creates access for an entire generation of novice crypto users. While experienced users still have the ability to connect an address from any wallet, new users have the ability to have a friendly and secure experience to find their first wallet and connect it to Bitwage.
This is the perfect option for both individuals and businesses who may be new to the cryptocurrency space. Employers can easily onboard their employees, knowing that they will be given an address. Similarly, entrepreneurs, individuals and freelancers new to crypto can now receive crypto funds in a wallet by choosing a Casa or Edge on the Bitwage platform.
For both parties, the process is simple. On the Bitwage platform, it’s just a matter of choosing the desired cryptocurrency, and then choosing a wallet – Edge or Casa – to send the crypto to.
“Our collaboration with Bitwage to create and deploy the Request for Address protocol represents our laser focus on making crypto simple and seamless for end users,” said Paul Puey, CEO and co-founder of Edge Wallet. “Finally, users can eliminate the need to copy and paste addresses between apps and websites when they need to request crypto in their wallet.”
To veterans of the cryptocurrency scene, the idea of copying and pasting an address may seem trivial, but it is far from it. An employee of a large global enterprise may enter the Bitcoin market for the first time and have never heard the term of a public key or wallet address before. The user may not even fully understand the risk of entering the wrong address. Automating the connection of controlled and preferred wallets not only makes getting paid in Bitcoin easy, it makes it secure for the everyday user.
“Casa self-storage is digital freedom in your pocket, and this partnership with Bitwage provides the opportunity to enable that for many more people,” said Christian Wallin, VP of Product & Design at Casa. “We’re excited about this seamless integration that makes it easier and safer for Bitwage users to hold the keys to their bitcoin, protecting them from many of the security risks we’ve seen highlighted in our industry this year.”
The preferred wallet feature was developed in collaboration with the teams at Casa and Edge Wallet. The new feature brings major upgrades to the user interface and a streamlined QR code feature that allows all users to have instant access to a wallet address provided by Edge or Casa.
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 Jonathan Chester, CEO of Bitwage. “Edge and Casa are two of the best. and the 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.”
For more information visit:
https://www.bitwage.com
Consult:
Jonathan Chester, Managing Director
[email protected]
About Casa
Casa is the safe home for your Bitcoin. The company builds tools at the forefront of Bitcoin self-storage, enabling individuals to take control of their wealth by holding their own Bitcoin private keys in a simple and secure way. Casa is building for a future where self-storage is standard, and every individual, family and company can freely manage their own assets and personal data.
Contact info:
Name: Matthew Gundrum
Email: [email protected]
Organization: Bitwage
Address: 244 California St. Suite 607, San Francisco, California 94111, USA
Website: https://www.bitwage.com/
To view the source version of this press release, please visit
