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Home Industry News Frank becomes first UK PR agency to accept payment in Bitcoin

Frank becomes first UK PR agency to accept payment in Bitcoin

11th September 2017

Frank has announced that it has started accepting payment for its services in Bitcoin at its offices in London, Manchester, Glasgow and Sydney.

The firm has become the first UK PR agency to accept payment in the virtual currency, reflecting its status as a leading tech PR business and the growing understanding of the benefits this payment method can provide, reports Gorkana.

It is expected that the move will have a positive effect on cashflow, as the volatility of Bitcoin means that payment needs to made quickly following the issuing of the invoice.

Frank believes that other agencies will also start accepting cryptocurrency payments in the near future, as well as its suppliers and staff. This, in turn, will make it easier and more convenient for clients to conduct business.

Graham Goodkind, Frank's chief executive officer and founder, said: "We have started to take on and get a lot of interest from clients in and around the fintech sector. We therefore felt it was appropriate that we started to offer a choice of methods of payment to include Bitcoin."

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