Kotapay and Fintwist Partner to Offer Paycards
Give your unbanked employees the convenience of electronic pay, with similar cost-saving and time-saving benefits as those with traditional bank accounts.
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Kotapay has partnered with Fintwist to offer paycards. The Fintwist Mastercard Paycard is a new and cost effective way to pay employees. Backed by Mastercard and offered by Comdata, the leader in payroll cards, Fintwist offers users immediate access to their wages and a simple digital tool for managing their money. No bank account needed.
Fintwist is an efficient and secure digital payment solution that’s easy to implement and to use. Utilize Fintwist with your current payroll systems – it requires little to no effort and mirrors your existing direct deposit process.
Eliminate Paper Checks by Utilizing Direct Deposit and Payroll Cards
Employer Benefits:
- Reduced cost for printing paper checks
- No-fee paycard solution for employers
- Provides a viable option for the unbanked
- Personalized and instant issue cards
- Mitigates risk of delayed or lost checks
Employee Benefits:
- Immediate access to money
- The Fintwist mobile app allows employees to see what they spend, know when they get paid, restrict the card if lost and pay bills on the go.