Paysend, the global card-to-card payments pioneer and RemotePass, the global onboarding and payroll platform, are today announcing a partnership to facilitate instant and more cost-effective transfers to international workers in 80 countries.
Through this partnership, Paysend will empower RemotePass with a new instant payout to cards feature for global payroll. This intuitive capability allows remote workers to receive payments swiftly and affordably by transferring funds directly to their local bank account, ensuring an efficient and seamless payment experience and eliminating delays when managing payroll.
To take advantage of this service, remote workers only need to link a valid bank card, in their name, to RemotePass. Users will employ Mastercard or Visa rails to transfer money instantly and directly. With this streamlined process, there is no longer any payday uncertainty, removing the incursion of traditional SWIFT or intermediary bank fees. 90% of transfers are completed within 15 seconds or less.
“From its inception, RemotePass has dedicated its time and resources to enhancing the overall experience for contractors worldwide, facilitating their onboarding and providing seamless access to global financial services and benefits,” said Kamal Reggad, Co-founder and CEO, RemotePass. “Today, through our partnership with Paysend, contractors using RemotePass will enjoy the convenient capability of receiving payouts instantly, improving cash flow efficiency for SMEs when using our platform.”
Alexander Budyakov, Head of Enterprise at Paysend, added, “We are thrilled to announce our partnership with RemotePass, a prominent player in the payroll industry. We aim to forge a strong alliance and work closely to streamline salary processing, enabling faster and more cost-efficient payments for workers, saving time and money for businesses globally.”