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product updates1 min read

Product Update: More Currencies, Faster Onboarding & Stronger Core

Damian TornatoreOctober 7, 2025
Product Update: More Currencies, Faster Onboarding & Stronger Core

Key Takeaways

  • We’ve heard your requests, and now have five new payout currencies to choose from!

  • We've simplified the virtual USD account creation flow:

  • Behind the scenes, we’ve rolled out a major technology upgrade across our platform.

  • We’re not slowing down. Expect more currency additions, improvements to the platform, and product enhancements that make payroll less painful

Hey Bitwage community đź‘‹

We’re thrilled to share what’s new this month!
October has been all about expanding flexibility, organizing workflows, and upgrading our foundation for what’s ahead.

Pay Global Contractors with Bitwage

Send payments to international contractors in 60+ countries. No monthly fee, set up in minutes. Learn more about international contractor payments, global payroll.

  • No monthly subscription — pay per transfer
  • Supports bank, crypto, and stablecoin delivery
  • Automated invoicing and compliance records

🌍 Expanded Currency Support

We’ve heard your requests, and now have five new payout currencies to choose from!

Workers and businesses can now send or receive payroll payments in:

🇨🇱 Chilean Peso (CLP)

🇸🇬 Singapore Dollar (SGD)

🇭🇰 Hong Kong Dollar (HKD)

🇹🇷 Turkish Lira (TRY)

🇦🇺 Australian Dollar (AUD)

Just head over to the Allocations tab, add your bank details, and you’re ready to go.

Free Guide: Global Payroll Playbook

Everything finance and HR teams need to pay international workers compliantly and efficiently. See also: compliance requirements and FX rates.

⚡ Quicker Virtual USD Account Activation

We've simplified the virtual USD account creation flow:

You no longer need to wait until you create an invoice to set up a virtual USD bank account.
Now, as soon as you add a payer, you can apply for your account right away, making it faster to start receiving payments via ACH or domestic wire. đź’Ş

đź”§ Core Platform Overhaul

Behind the scenes, we’ve rolled out a major technology upgrade across our platform.

This update strengthens our security, boosts stability and performance, and positions us perfectly for new features coming soon.

Think of it as reinforcing the foundation and setting it up for future success.

🤔 What’s next?

We’re not slowing down. Expect more currency additions, improvements to the platform, and product enhancements that make payroll less painful and more predictable.

🤩Thanks for being part of the journey. Your feedback and trust continue to push us forward.

Stay tuned for next month’s updates! 🌟

Complementary Reading

Bitwage Product Update - Introducing INR Payouts!

Bitwage now supports Indian Rupee (INR) payouts for individuals and employees in India, making payroll simpler and faster.

Frequently Asked Questions

Common Questions about Product Update: More Currencies, Faster Onboarding & Stronger Core

Bitwage now offers CLP, SGD, HKD, TRY, and AUD payouts for workers & businesses.

Bitwage routes cross-border payments through optimized corridors to minimize FX costs and delivery time, supporting bank, crypto, and stablecoin delivery.

No. Bitwage has no monthly subscription fee. You only pay a small per-transfer fee when you send a payment. This makes it ideal for companies that pay contractors on irregular schedules.

About the Author

Damian Tornatore

Damian Tornatore

Damian Tornatore has been deep in the crypto space since 2014 — managing communities, building blockchain-based products, and exploring how decentralized technology is reshaping the future of global payments.

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Pay your global team with Bitwage

International contractor payments, vendor automation, and crypto payroll — no monthly fee.