{"id":20547,"date":"2019-02-14T17:14:06","date_gmt":"2019-02-14T17:14:06","guid":{"rendered":"http:\/\/ci027cfe65b00d2697"},"modified":"2025-01-28T16:03:57","modified_gmt":"2025-01-28T16:03:57","slug":"freelancers-traditional-platforms-can-now-invoice-bitcoin-bitwage","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/technical\/freelancers-traditional-platforms-can-now-invoice-bitcoin-bitwage","title":{"rendered":"Freelancers on Traditional Platforms Can Now Invoice in Bitcoin Via Bitwage"},"content":{"rendered":"
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In the current freelancing industry, many platforms only allow independent contractors to use one bank account. In addition to restricting freelancers to the use of fiat only, this can also cause significant lag times when employees work with companies overseas.<\/p>\n

To try and solve these user problems, payroll and invoicing company Bitwage<\/a> is introducing<\/a> a freelance marketplace, allowing people to create multiple bank accounts to more smoothly process payments for freelancing and to accept crypto assets. The new platform is currently in beta.<\/p>\n

\u201cBitwage can generate bank accounts for users specifically for their relationships with their employer or client,\u201d Bitwage\u2019s co-founder and CEO Jonathan Chester told Bitcoin Magazine.<\/em> \u201cThrough a partnership with a new banking partner, we are able to generate unique accounts for each unique client\/worker relationship.\u201d<\/p>\n

He explained that these unique accounts allow for faster confirmation of receipt of funds, easier accounting management and the ability to get paid from any client, employer or platform.<\/p>\n

In other words, it\u2019s possible for a much more diverse base of users to smoothly conduct payment transactions using Bitwage.<\/p>\n

According to Chester, \u201cA freelancer can receive from Upwork, freelancer, Toptal, etc and get paid in BTC or through crypto to receive fiat into their bank accounts faster and cheaper than the solutions offered directly on platform.\u201d<\/p>\n

He added that the company already sees usage \u201cfrom users around Latin America, especially in Brazil, Argentina and Mexico,\u201d so presumably there will be room to expand.<\/p>\n

Chester went on to say that the company has \u201chad many freelancers around the world asking for solutions that connect to freelance platforms.\u201d The Freelance Marketplaces are \u201cthe result of many months of planning and building relationships,\u201d and Bitwage is \u201choping to soon announce connections into some other exciting platforms.\u201d<\/p>\n

While the platform is in beta, users can join by contacting Bitwage via private DM on its Slack channel or by emailing the company directly at beta@bitwage.com. Once it is fully launched out of beta, users will be able to create accounts through a portal and receive automatic deposit notifications via SMS, email and on platform.<\/p>\n

\u201cBitwage is focused on being the global gateway between the crypto and fiat worlds in the context of worker\/company relationships,\u201d said Chester. \u201cWe are excited to continue innovating and introducing bitcoin to mainstream applications.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitwage has introduced a freelance marketplace, allowing people to create multiple bank accounts to more smoothly process payments for freelancing and to accept crypto assets.<\/p>\n","protected":false},"author":2545,"featured_media":464,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[350,477],"class_list":{"0":"post-20547","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-technical","8":"tag-bitwage","9":"tag-payments"},"author_data":{"id":2545,"name":"Landon Manning","nicename":"landon-manning","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/12\/img_2749-96x96.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/freelancers-on-traditional-platforms-can-now-invoice-in-bitcoin-via-bitwage.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/20547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2545"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=20547"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/20547\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/464"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=20547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=20547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=20547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}