Mode and PayEscape pilot bitcoin payroll product

UK fintech Mode Global has teamed up with payroll provider PayEscape to pilot a service that lets employees get a portion of their pay in bitcoin.

Bitcoin Payroll is part of a monthly payment that is converted to Bitcoin and deposited directly into the bitcoin wallet user.

The employee said their service uses a cash-in-transit system that is often associated with multiple entry barriers, making employees ‘simplify and reflect the appearance of the best for a decade’.

Driver Mode and PayEscape driver has seen “great use” and will announce it next year.

Ryan Moore, Chief Executive Officer, Mode said: “By developing a way to withdraw monthly payments from bitcoin, aims to make it easier, simpler, and more accessible for UK people to get the class display Equipment.”

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