Development Agencies & Outsourcing Firms
Dev agencies, IT outsourcing firms, and BPOs pay large numbers of contractors and subcontractors across multiple countries on tight weekly or biweekly schedules.
Explore BitwageThe Challenges
High wire fees multiply across hundreds of contractors
With 200+ contractors across multiple countries, even $15 average wire fees add up to $3,000+ per pay cycle — often more than the cost of the software they're building.
Each country has different payment requirements
Paying contractors in the Philippines requires PESONet or InstaPay. Nigeria requires NIBSS. India requires IMPS or UPI. Managing this manually is error-prone and slow.
Compliance documentation is hard to track at scale
W-8BEN collection, OFAC screening, and 1099 tracking across hundreds of contractors is a full-time job without the right tooling.
How Bitwage Helps
Batch pay hundreds of contractors via CSV
MassPay handles up to 10,000 contractors per upload across any combination of countries. Upload once, Bitwage handles routing and compliance per contractor.
Eliminate per-wire fees with stablecoin rails
For contractors in high-fee corridors, USDC stablecoin delivery costs a fraction of SWIFT. Many agencies save $5,000–$15,000/month on fees alone.
Automated compliance at scale
Bitwage collects W-8BEN, runs OFAC screening, and provides consolidated 1099-NEC exports. Compliance across 500 contractors requires the same effort as 5.
ERP and accounting integrations
Payments sync automatically to QuickBooks, NetSuite, or Xero. Clients can receive reconciled payment reports without manual AP work.
Development Agencies & Outsourcing Firms FAQ
You upload a CSV with contractor IDs, amounts, and currencies. Bitwage automatically routes each payment via the optimal local rail. See masspay for the full batch payment workflow.
Yes. Bitwage supports PESONet and InstaPay for philippines contractors, with same-day settlement.
Bitwage sends automated W-8BEN collection emails to new contractors and tracks completion status. Payments are held until w8 ben is collected.
Yes. Bitwage's api allows agencies to embed international payment rails into their own platforms under their own branding.
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