Payroll Integration

Payroll integration connects Bitwage to human resources information systems (HRIS) and payroll platforms — primarily for the W2 crypto benefit use case, where an employer wants employee crypto elections to automatically sync from their HRIS to Bitwage for conversion and distribution.

In the Bitwage W2 crypto benefit workflow: (1) Employees configure their crypto election percentage or fixed dollar amount in the Bitwage portal; (2) On payroll run day, the payroll system (ADP, Gusto, Rippling) deposits the full net paycheck via ACH to Bitwage's FBO account; (3) Bitwage converts the elected crypto amount at market rate (USD → BTC or ETH), sends the crypto to the employee's wallet, and deposits the remaining USD to the employee's bank account; (4) A reconciliation report is generated for the payroll/HRIS system.

For contractor payments, payroll integration allows contractor compensation data to flow from the HRIS contractor record directly to Bitwage for payment execution — eliminating re-entry and ensuring contractors are paid amounts that match their contract records. This is particularly useful for companies managing mixed worker populations (W2 employees + 1099 contractors) in a single HRIS with a unified payment workflow.