Bitwage and Bitso announces partnership for bitcoin payroll in Mexico

Bitwage and Bitso announces partnership for bitcoin payroll in Mexico

FinTech | June 27, 2016 By:

Bitwage announced it has partnered with Mexican bitcoin exchange Bitso to allow Mexican workers to be paid in Bitcoin and receive pesos.

Users of this service will gain advantages of getting their payments faster, getting the best exchange and lower commissions.

“We are excited to launch our Bitwage Payroll service for Individuals in Mexico with the help of Bitso, Mexico’s first and largest Bitcoin and Ether exchange. Bitso has been developing efficient financial services while increasing education, information and the use of Bitcoin in Mexico since 2014. Now, you can accept Mexican Peso wages into Mexican bank accounts from employers and clients anywhere in the US or throughout the European Eurozone,” said Bitwage president Jonathan Chester

According to Bitso CEO Pablo Gonzalez, their collaboration is an effort to empower employees in the country.

“It opens up the doors for freelancers in Mexico to seek international opportunities using the most efficient payment rail with the lowest transfer fees,” said Gonzalez.

Bitwage is a blockchain-based comapny.