What is Bitwage and how does it work for companies?

Who this is for

Company admins, HR, Finance, and Payroll operators who need to:

Pay workers/contractors across countries
Offer flexible payout options (bank, crypto, or split)
Track payment status and export records for reconciliation

How Bitwage works (high level)

1) Set up your company workspace

Once you’re in, you’ll land on Dashboard, where you can access the main flows: Recipients, Payroll, Allocations, and Payers.

2) Add recipients (who you’re paying)

Go to Recipients to add employees/contractors and invite them to complete their payout setup.

From the Recipients page, you can see:

Recipient email/name
Country
Status (ex: Complete, Incomplete, Pending, Expired)

3) Recipients choose how they get paid (Allocations)

Recipients can set up how they want to receive funds:

100% local currency to a bank account
100% crypto to a wallet
A mix split by percentage (Allocations)

As a company, you can reference this as part of your payroll/contractor payment process, and direct recipients to finish setup if they’re “Incomplete.”

4) Run payroll or pay contractors/invoices

Go to Payroll to create and manage recurring or one-time pay runs. You’ll also be able to view:

Payroll history
Funding method
Status

5) Track payment status and download records

Bitwage provides visibility into the lifecycle of each pay run/payment (created → processing → fulfilled/completed, etc.). You can filter, search, and export results to support finance ops and reconciliation.

Where to find things in the Bitwage Business dashboard

Dashboard: quick overview + shortcuts to key actions
Recipients: add/invite people you pay + monitor setup status
Payroll: create pay runs, see history, export CSV
Invoicing: manage contractor invoice workflows (if enabled)
Allocations: manage payout preferences (recipient payout splits)
Payers: set up funding/payer details (required to run payments)
Expenses Approval: approve expense-related flows (if used in your org)

Common questions

What happens if a recipient hasn’t completed setup?

You’ll typically see them as Incomplete in Recipients. In that case, they may not be payable until they finish their receiving setup (bank/wallet + allocation).

Can we run one-time payments and recurring payroll?

Yes—Bitwage supports managing recurring and one-time payroll from Payroll (as shown in your UI).

How do we know a payment is done?

Use Payroll → History and open the payroll/payment detail. Statuses like Fulfilled indicate completion (status labels may vary by flow).

Next articles to read

A2: Typical setup timeline: signup → first successful payment
A3: What information do I need before I start?
C1: How to add a worker/contractor and send an invite
C4: Payment statuses explained