"Sending money to developing countries is a nightmare to say the very least. Although there are the big gorillas in this space, like PayPal or Western Union, none of them offer the flexibility necessary to operate an efficient global company. I don't need to get into all of the flaws of them, but the main ones are the 1) speed to get funds to the contractor and 2) the awful exchange rate. Specifically for us, we were looking to get our employees in the Philippines money in a timely manner. Some of the specific options that we tried were Remitly, Transferwise, Paypal, Western Union, Xoom, and a few other small ones."
"We finally settled on a new, innovative start-up called BitWage. At first, I honestly thought we were going to fail and have to figure out another option until I started to research and learn more about blockchain and bitcoins. I was fascinated with the way this new technology was being used to essentially circumvent the traditional banking issues that exist today. Within minutes, we were set up to start sending payments to our employees in the Philippines and although there were hiccups in the beginning, none of these issues were ever too large to overcome. Besides having amazing customer support, BitWage offers a great exchange rate and timely service."
-Ryan Stomel, CEO, Call Criteria