Expensify Allows For International Reimbursement Via Bitcoin

What's Next In Payments®
4:20 PM EST March 27th, 2013

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.

Read the full story here.

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