Scribd
Upload
638 views8 pages

Global Bitcoin Payouts Guide

This document discusses using Bitcoin for global payouts for payroll, affiliates, freelancers, and marketplaces. It notes the benefits of Bitcoin payouts which include instant transfers, global reach, low 1% fees, no need for recipient bank details, no volatility risk, and scalability. A case study shows a gaming marketplace using Bitcoin payouts for thousands of transactions per week to over 30 countries. Testimonials praise Bitcoin for enabling payments in online global marketplaces and solving international payment challenges. BitPay is introduced as a company that processes $30 million monthly in Bitcoin payments and payouts globally from offices in multiple cities.

Uploaded by

Luana Bla
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
638 views8 pages

Global Bitcoin Payouts Guide

This document discusses using Bitcoin for global payouts for payroll, affiliates, freelancers, and marketplaces. It notes the benefits of Bitcoin payouts which include instant transfers, global reach, low 1% fees, no need for recipient bank details, no volatility risk, and scalability. A case study shows a gaming marketplace using Bitcoin payouts for thousands of transactions per week to over 30 countries. Testimonials praise Bitcoin for enabling payments in online global marketplaces and solving international payment challenges. BitPay is introduced as a company that processes $30 million monthly in Bitcoin payments and payouts globally from offices in multiple cities.

Uploaded by

Luana Bla
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 8

Global Bitcoin Payouts

Bitcoin Payouts - Used for


• PAYROLL
Employees elect part of their regular salary

• AFFILIATES
Pay fleets of affiliates globally

• FREELANCERS
Pay developers, consultants, etc

• MARKETPLACES
Pay sellers globally

2600% Growth in Monthly Volume


March 2015-March 2016
Bitcoin Payouts - Benefits

• Instant payout, faster than PayPal or wire transfer


• Global reach
• Cost effective - 1% processing fee
• Respect recipient’s privacy - no bank data required
• Never touch bitcoin - no volatility risk
• Scalable solution, paying 1,000 affiliates is as simple as paying 10

• Visit bitpay.com/bitcoin-payouts for more info


Bitcoin Payouts - Process

Payout request Bitcoin


+ payout
USD or EUR
funding

Merchant Customer
Payout Details
Payout Methods Comparison
Fees Transfer time Requirements Reach

2% charge (1$ max 2 to 3 business days to


PayPal domestic, 20$ max withdraw funds from PayPal Account Global
international) PayPal account
Western Depends on WU
As high as 10% 1 to 3 business days Global
Union branch
ACH Less than $1 1 business day Bank Account USA Only

Wire $10-50 per wire 3 to 7 business days Bank Account Global


$3 for recipient
Payoneer 1 to 3 business days Payoneer Debit Card Global
multiple fees on card
Bitcoin 1% 1 business day Bitcoin wallet Global
Case Study

Leading marketplace of skins from the CS:GO video game


1M active users

• BitPay payout platform implemented in less than a week


• Currently paying out thousands of transactions a week to over 30 countries
• Payouts range from $10 - $200K
• Cheapest and quickest payout option
• Paying out 4X more bitcoin than accepting
Testimony
“Enabling bitcoin payments and cash outs was a natural match for our
business. Since our users are trading virtual goods in an online global
marketplace, transacting with digital currency is an obvious fit.”

John Brechisci CEO of OPSkins

“Bitcoin payroll offers businesses and employees a way to take advantage of


bitcoin's advances as a payment method in daily life. We want to lower the
barrier to getting and using bitcoin and solve the problem of costly international
payments for employers.”
Ricardo Ferrer Rivero - PEY Founder
About BitPay
Accept and pay out bitcoin globally

$30 Million $32,700,000


MONTHLY PROCESSING CAPITAL RAISED

Atlanta, San Francisco, Buenos Aires, Amsterdam


OFFICES

Trusted by

You might also like