What are the benefits of using the Valorus fintech payroll module?

Both employers and employees benefit by using the Valorus fintech platform for payroll:

  • Employees can receive their money faster and save on banking fees, while employers can save as much as $223 per employee per year.
  • Employers can issue their own debit cards with a white-label solution that keeps their brands top of mind.
  • Companies can add a tax feature that easily calculates federal, state, and local tax withholdings.
  • Employees can move money to their families in other countries, in real time, at no cost, and with a state-of-the-art data application.
  • Business expenses can go directly on debit cards, saving time and money previously lost on tedious expense reporting.
  • Employers can provide short-term or long-term microloans through the mobile wallet and debit card, enhancing their overall benefits program.
  • Bundling wireless and other services with payroll through the Valorus platform can generate significant cost savings for businesses, including up to 50 percent off of monthly corporate telecom bills.