Navro expands real-time global payroll network

By Vriti Gothi

Navro has exapanded its real-time, pay-to-bank capability, enabling businesses to send funds instantly to bank accounts globally, 24/7, with transactions completing in seconds.

With the addition of 17 new real-time pay-to-bank corridors, Navro now facilitates direct payments to bank accounts in 61 countries. This expansion provides businesses with enhanced speed, flexibility, and choice when paying contractors and employees worldwide, eliminating the delays and high costs traditionally associated with international wire transfers.

The enhanced real-time network delivers substantial operational and financial benefits for businesses managing global workforces. By enabling just-in-time payments for contractor invoices, organisations can optimise cash flow, keeping funds in revenue-generating or interest-bearing accounts for longer. Payroll reliability is also strengthened, as any end-of-month errors can be corrected instantly, ensuring employees receive full pay on schedule.

Navro’s expanded network significantly increases its presence across high-growth regions in Asia, Latin America, and Africa, including countries such as Cambodia, China, Hong Kong, Indonesia, Malaysia, Nepal, Pakistan, the Philippines, South Korea, Sri Lanka, Turkey, Vietnam, Costa Rica, the Dominican Republic, Ethiopia, Kenya, and Nigeria. In parallel with its network growth, Navro has strengthened its regulatory footprint with the acquisition of the Florida Money Transmitter License, enabling the company to offer its full suite of cross-border payment services to businesses operating in another key US market.

Aran Brown, CEO of Navro, said, “These latest capabilities deliver on our commitment to empower businesses to transact like locals, by integrating more local payment rails to meet strong demand for fast, reliable, and cost-effective payouts. By growing our real-time network to 61 corridors, we are giving global businesses the essential infrastructure to manage their workforce and supplier payments more efficiently, particularly in dynamic markets like the Philippines. And we plan to add even more corridors by the end of the year.”