In a bid to promote the adoption of cryptocurrency by its employees, U.S based payment processing firm, Aliant Payments announced this week that it would now pay part of employee wages in Bitcoin (BTC) and Litecoin (LTC).
Aliant, which since 2018 also offers a fully compliant solution for merchants to accept payments in cryptocurrency, believes that adopting such an approach is necessary for employees to make the switch to using digital currencies finally.
Commenting on the development, Aliant CEO Eric Brown said:
Each member of the Aliant team now has a vested interest in cryptocurrency not just as something they work on in the office.
He also expressed the conviction that paying a part of employee wages in cryptocurrency would go a long way to their customer service experience, which in turn benefits the company, and employees as invested customers.
“Adoption happens when you’re able to earn cryptocurrency, and then go on to spend it. Being a leader in the crypto and payments space, the Aliant team is always working to educate merchants, and lead by example,” the CEO added.
Notably, the crypto payments processing system highlighted by Aliant in the latest update is the CryptoBucks solution which lets merchants receive payments from clients who opt to pay in cryptocurrency without worrying about the associated volatility.
In another developing regarding the adoption of cryptocurrency as a means for compensating employees, Coinfomania reported that New Zealand approved the use of cryptocurrency by companies to pay employee wages.
Affiliate: Get a Ledger Nano X for $119 So That Hackers Won't Steal Your Crypto!