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Show HN: Dead simple Bitcoin payroll

Hey everyone! We're the folks from Codelitt Incubator. We pay several of our employees either entirely or partially in BTC. This is a huge pain every month when we run payroll. Normally it consists of a wire to Bitstamp (which includes a steep fee), buying the BTC on Bitstamp, sending to our company wallet, collecting receiving addresses, and then paying our employees. Because of this we're building a dead simple BTC Payroll.

Our main goal is to make it easy for you to request that your employer pays you in BTC (partially or completely).

We don't hold any money nor Bitcoins. It all happens in real time. Security, simplicity, and user control are our main priorities.

Employers - Sign up, verify bank account, add employees/contractors name and email, and choose date to run payroll (if you opt in for automatic payroll. Also an option to run manually).

Employees/contractors - Receive email after your employer adds you, setup account with bank account/BTC receiving address, and how much of your paycheck you want in USD or BTC.

Incoin.io (that's us) - We ACH debit company bank account, purchase necessary BTC, then credit employees/contractors with USD or BTC depending on how they choose. We'll maintain records so that when tax season rolls around, you're all covered.<p>We would love some feedback. What are your questions? What are your concerns? Are there any cryptocoins besides BTC that are of any interest?

We are very close to launching our beta. We're looking for some companies who would like to participate in our beta. You can sign up here for beta access or just to be alerted when we launch (very soon.) We'll open it up quickly though after that. You can sign up here: https://www.incoin.io/

30 points codelitt 12 years ago 39 comments

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