The Switzerland base of multinational services giant and one of the so-called “Big Four” accounting firms, Ernst Young (EY), will become the first of its kind to accept bitcoin as payment for its services.
Come January 2017, clients of EY Switzerland will be able to pay for the firm’s auditing and advisory services using bitcoin. The accounting giant claims to be the “first advisory firm to accept Bitcoins for its services,” in an announcement last week. The new payment method is a part of EY “digitizing itself”, the firm claimed, explaining its reason to accept the world’s most prominent digital currency.
Furthermore, EY also set up a bitcoin ATM among its offices, an installation which can be accessed by employees and the public alike.
Beyond the launch of a working Bitcoin ATM wherein anyone can swap Swiss francs for bitcoin and back, EY is also providing its employees with the EY wallet app, a digital wallet that