The pace of global work demands systems that are not just effective, but constantly improving. At Bitwage, this month was dedicated to major infrastructure upgrades and product launches designed to expand your payment flexibility and dramatically increase speed.
Let's dive right in!
👤 For Individual Users
Our commitment is to simplify how you get paid, no matter where you are.
🌎 New Local Payout Currencies Available
We have expanded the list of local currency payout options, providing greater convenience for users in Latin America. You can now choose to receive your funds directly in:
Costa Rican ColĂłn (CRC)
Peruvian Sol (PEN)
Guatemalan Quetzal (GTQ)
Paraguayan GuaranĂ (PYG)
🚀 Get Ready for Faster Payouts
We have made significant improvements to our infrastructure by automating local currency payout processes. This change will make receiving your local currency payouts faster than ever before.
Status: This feature is currently in pilot testing with select companies, and we are working hard to make it available to all individual users soon.
đź’Ľ For Businesses and Employers
🌎 Expanded Local Currency Payout Coverage
Businesses can now offer direct local currency payouts to their workers in the following new currencies:
Costa Rican ColĂłn (CRC)
Peruvian Sol (PEN)
Guatemalan Quetzal (GTQ)
Paraguayan GuaranĂ (PYG)
⚡ Faster Local Currency Payouts Are Coming
Thanks to major improvements in our payout infrastructure, automated local currency transfers will process much more quickly and efficiently. This ensures your workers get quicker access to their funds.
âť— Early Access: This feature is currently available to select companies. If your business is interested in leveraging this feature, please contact support@bitwage.comsupport@bitwage.com to be included in the early access program.
đź’° New Stablecoin Funding Options
OTC payroll funding just got smoother. You now have greater control and clarity when funding your international payroll with digital assets:
You can now:
Select your preferred blockchain for funding.
Fund easily with popular stablecoins like USDT.
Access clearer, guided deposit instructions that reduce errors and ensure your payroll operations run efficiently.
⚙️ Upgraded API for Seamless Integration
The Bitwage API has received a substantial performance upgrade, alongside the addition of various new fiat and crypto payout options. This enhancement makes integrating payroll automation into your existing systems easier than ever, helping you to reduce manual work and scale confidently.
🤔Interested in using the Bitwage API? Contact our sales teamsales team to get started!
Thank you for being a vital part of the Bitwage journey. We are excited about these innovations and look forward to continuing to build the future of global payments for you.
Best regards,
The Bitwage Team
