logo-loader

Mode Global Holdings team up with PayEscape to pilot the first-ever Bitcoin payroll product in UK

Published: 17:47 11 Nov 2021 GMT

Mode Global Holdings PLC (LSE:MODE) (Mode Global Holdings PLC (LSE:MODE)) Ryan Moore joins Proactive London after teaming up with PayEscape to pilot the first-ever Bitcoin payroll product in the UK.

The Bitcoin Payroll will see a monthly deduction of net pay from subscribers that will be converted into Bitcoin and deposited directly into a user's Mode Bitcoin wallet.

He says it is another step towards breaking down the barriers to mainstream Bitcoin adoption.

Moore also reflects back on a preliminary agreement to provide payment services incorporating bitcoin to online shopping platform THG PLC (LSE:THG), better known as The Hut Group (THG PLC (LSE:THG)).

Mode has developed a mobile app that enables shoppers to receive bitcoin cashback and the platform will be integrated into THG's Ingenuity e-commerce platform.

Ariana Resources updates resource and reserve; realises long-term strategy

Joining Jonathan Jackson in the Proactive studio is Ariana Resources PLC (AIM:AAU) managing director Kerim Sener, who sits down to discuss the latest resource and reserve update for the Zenit Mining Operations in Western Türkiye. The update encompasses the Kiziltepe and Tavsan sectors, operated...

5 hours, 28 minutes ago