27 Mar '13, 3pm

Expensify adds Bitcoin support to offer instantaneous international reimbursements by @beijingdou

Expensify adds Bitcoin support to offer instantaneous international reimbursements by @beijingdou

Expense report service Expensify has added support for the Bitcoin virtual currency in order to facilitate faster, cheaper international reimbursements for its users. While the number of users paying for business expenses with Bitcoins is probably quite low for Expensify, the company views the currency as ready to emerge into the mainstream for cross-border transactions. “As our user base grows internationally, we’re getting an increasing number of requests for cross-­currency reimbursement, and Bitcoin is absolutely perfect for this,” Expensify CEO David Barrett said. Expensify previously supported direct deposit and PayPal in the US, but the Bitcoin option opens up an easy way to do international reimbursements. If you’re unfamiliar with Bitcoin, Steve Streza recently wrote a great introductory guide for the currency. It has been on a tear recently as its US dollar excha...

Full article: http://thenextweb.com/insider/2013/03/27/expensify-adds-b...

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Expensify adds Bitcoin support to offer instantaneous international reimbursements

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