2013-03-27 TechCrunch "Expensify Now Offers Support For Bitcoin"

[mccorvic]

http://techcrunch.com/2013/03/27/expensify-now-offers-support-for-bitcoin-an-alternative-to-paypal-for-international-contractors/

CEO David Barrett said in an interview that customers can use exchanges to transfer Bitcoins. These exchanges, like Mt. Gox, serve as ways to convert Bitcoins into hard currencies. Bitcoin is traded, so the value may vary relative to the currency where the contractor does business. The Expensify site states that reimbursements with Bitcoin are made directly from the payer to the submitter. Expensify is not a party to the transaction, and a Bitcoin reimbursement cannot be canceled or reversed once initiated.