Frank becomes first UK PR agency to accept Bitcoin payments

Frank has announced today that it will become the first UK PR agency to accept payment for its services in Bitcoin, the virtual currency. 

The agency expects its move to prompt other agencies to accept cryptocurrency payments, making it easier and more convenient for clients to conduct business.

“We have started to take on and get a lot of interest from clients in and around the fintech sector,” explained Graham Goodkind, Frank CEO and founder. “We therefore felt it was appropriate that we started to offer a choice of methods of payment to include Bitcoin.

“In the near future, we also expect that some of our suppliers, and who knows maybe even our staff, will request payment in Bitcoin too.”

He added: “I think one of the main advantages for accepting Bitcoin for a marketing services business such as ours is its positive effect on cashflow.  Because of the volatility of Bitcoin, payment needs to happen practically immediately upon the invoice being issued.  That considerably helps operations.”

Bitcoin will be accepted at Frank’s offices in London, Manchester, Glasgow and Sydney, Australia.

Related Posts
PR News in Brief
PR news round-up (11-15 June)
Here’s a round-up of last week’s biggest PR news – featuring CNBC‘s Arjun Kharpal, new hires at The Lucre Group and highlights from the 2018 AMEC summit. [...]
Cision celebrates a golden night at the AMEC Awards
Cision celebrates a golden night at the 2018 AMEC Awards
It was a golden night for Cision at last night’s AMEC Awards, as its companies took home a combined 12 prizes, including four Gold awards. Cision achieved a sweep of the [...]
PR News in Brief
PR news round-up (4-8 June)
Here’s a round-up of last week’s biggest PR news – featuring the CIPR Excellence Awards, new appointments at Quill PR and how PR measurement saves lives. Thought [...]
Opinion: How to prepare for the social media apocalypse
Opinion: How to prepare for the social media apocalypse
Alex Warren, senior account manager at Wildfire PR, asks whether the recent negative headlines around social is a sign to prepare for the social media apocalypse. Is social [...]