Bitwage, a US-based bitcoin payroll startup, has announced the launch of its Bitwage Payroll service for Individuals (BPI) in Europe.

BPI enables anyone, whether an employee or an independent contractor, to receive wages through Bitwage without their employer or client signing up. It offers individuals the choice to receive their wage in a variety of outputs including Euros, Gold, Silver, Bitcoin, 20+ other national currencies or even a Euro denominated debit card with as fast as same or next day payout speed. In addition, users can select if they want to receive part or all of their wage through Bitwage.

BPI is compatible with any existing payroll systems like Intuit, ADP, Bill.com, Gusto, TriNet and freelance marketplaces like Upwork. Users can even track their funds like fedex packages, knowing when the funds were sent and where they are during transmission. Moreover, they can manage their account through our Android, iOS or web application.

With BPI, receiving international contractor payments is as easy as receiving a domestic transfer. The process is as follows:

• Bitwage will provide a US or EU bank account number depending on an individual’s client/employer's location
• Individuals invoice their client/employer using that bank account information (they need to tell their employer or payroll provider to send any percentage of your payroll to that account) 
• Users will then receive Digital or Local Currency on the Next Day after Deposit.

“In 2015, the European Union had a higher GDP than the United States. With our launch in the European Union, contractors and freelancers all over the world will have a much easier way to receive their wages abroad from one of the largest economic zones in the world. All without the friction involved in trying to convince clients to change their payment solutions”, said Jonathan Chester, Founder, and President of Bitwage.

Initially, Bitwage will be keeping BPI and Automatic Zero-Click Payrolls with zero fees. However, charges may apply for features such as non-automatic payrolls with Wire, and 1099 Filings.

Employees from Google, Airbnb, Facebook, the World Health Organization, and Uber are receiving their salary through Bitwage. Using Bitwage Payroll for Individuals to accept the payments in the EU, will reduce costs for both individuals and their employer, and users can have whatever asset(s) they choose sent straight to their digital wallet, debit card, or bank account.