Off-payroll payments

With PsiPay prepaid technology it’s easy to make non-regular payments, whether internally to employees or externally to contractors.

Employee commissions & incentives

PsiPay is an efficient channel for distributing funds:
 
  • It’s a faster, more cost-efficient way to pay commission-based employees than cheque or voucher distribution
  • If payment amounts vary, an existing commission account can simply be topped up as required
  • Employees have convenient and immediate access to funds
  • Employees can easily be rewarded or incentivised in the way they prefer – financially!

Agent/contractor payments

Prepaid accounts provide a quick, easy way to pay outside labour services that do not require full payroll accounting. Accounts can be topped up as required, or funded on a one-off or project.

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The PsiPay platform

At the heart of our offer is a suite of  products consisting of a virtual current account; a rules based fraud detection engine; a flexible use debit card and a virtual Mastercard.

Learn more about the PsiPay platform