Expense report startup Expensify is allowing employers to reimburse their international workers with Bitcoin, reports VentrueBeat.
“Bitcoin is perfect for international transfers,” Expensify CEO David Barrett told VentureBeat. “It’s secure, instantaneous, and totally free. We support PayPal, but it is expensive. A four percent charge on a large reimbursement can really add up.”
Expensify has raised $6.7 million in funding and has over 1.4 million users across more than 200,000 companies to date.