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Manual payroll systems went out last century but that doesn’t mean things still aren’t changing all the time. Advancements in technology mean that new systems are appearing all the time to make life easier for both businesses and their employees—there’s an added bonus of cost savings too. Let’s explore one such solution.
Innovative Payroll Programs
Paying employees, freelancers, contractors, and affiliates with the same system is a brilliant investment. Using cutting-edge solutions like Wallester Business payroll card means a new way of paying staff that saves time, money, and energy. This is an all-in-one solution to streamline payroll processes.
How do payroll cards work?
With Wallester, it’s really easy to get started:
Your first step would be to create a business account on Wallester Business’ platform. This is a simple process involving submitting documents about the company and completing the Know Your Customer (KYC) procedure.
When things are set up, it’s a case of inviting people to become payroll cardholders. They accept these invitations through the mobile app and are then free to access the benefits the payroll program offers.
Once everyone is set up on the platform and has joined the corporate group you set up, you can start making payroll payments.
Virtual or physical cards?
Once upon a time, physical cards were the only way to operate. Then came contactless and online payments. The way these systems work—by requiring a long card number and other unique identifiers—means there’s no real need for the physical piece of plastic at all.
Payroll cardholders can use the platform to generate either physical, traditional cards or virtual ones. Once created, it’s easy to transfer funds to them. There’s an application a… Read More
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