Invezz

Bitwage partners with Casa and Edge wallets for better crypto payroll services

Bitwage partners with Casa and Edge wallets for better crypto payroll services
Charles Thuo
Aug 01, 2022, 09:49 AM
  • Bitwage allows worker to receive paychecks in Bitcoin and other cryptocurrencies including stablecoins.
  • Bitwage has been in operation since 2014.
  • Bitwage users will now be able to download and connect Casa and Edge wallets.

Bitwage, a global leader in facilitating Bitcoin, crypto, and stablecoin payrolls, has announced its partnership with top Bitcoin and crypto wallets Casa and Edge.

There has been a paradigm shift in how businesses and companies make payments to their employees. A good number of companies are now issuing payments in the form of Bitcoin, cryptocurrencies, and stablecoins. This shift has been a significant boost, especially to the remote workers especially since cryptocurrencies were thrust into the limelight in 2020.

Some of the benefits that crypto payrolls bring to major corporations and governments are that they are able to quickly acquire and retain talent going by the high crypto opt-in rates among millennials and generation z. Crypto payrolls also have a low-cost benefit since they have resulted in reduced overhead costs for HR organizations.

Bitwage has been appreciated by enterprises and governments for offering a solution for depositing paychecks directly into employees’ wallets without the enterprises and governments having to create an account with the individual wallets. However, there has been an issue with onboarding crypto beginners and that is one of the main reasons why Bitwage partnered with Casa and Edge wallets.

The CEO of Bitwage, Jonathan Chester, commenting on the role that the two wallets will play said:

Casa and Edge wallets

With the Bitwage partnership with Casa and Edge wallets, which are two of the most secure crypto wallets, beginner users will be able to easily download their first own crypto wallets and connect them to Bitwage.

Previously, users had to submit their wallet addresses in order to receive payments in crypto on Bitwage. However, the process is now more streamlined and in partnership with Edge and Casa, Bitwage guides new users on how to generate a new wallet from either Casa or Edge and then link it back to the Bitwage platform either through a QR code or a deep link without having to manually generate and submit a public key, which would be tough for a beginner.

Employers can therefore now onboard their employees with ease since they will not be asked to supply the public addresses of individual employees. Once the employers onboard their employees, all they have to do is choose the cryptocurrency they wish to make payments to and select which wallet to use between Casa and Edge.

Commenting on the new partnership, the CEO and Co-Founder of Edge Wallet, Paul Puey, said:

On his part, the VP of Product & Design at Casa, Christian Wallin, said: