Everee launches Visa Pay Card to enable instant payments to workers
By Delisha Fernandes
Everee, a payroll technology company, has announced that it has joined Visa’s FinTech Fast Track program with the launch of the Everee Visa Pay Card, allowing businesses to have a no-cost option to pay workers instantly.
Through Fast Track and Visa Pay Card, Everee customers have a competitive advantage in hiring by offering workers instant access to their earnings. The card, powered by the Visa network, is a prepaid card that can be used similarly to a debit card connected to a traditional checking account.
Cardholders can use their card everywhere Visa debit cards are accepted, with the ability to transfer funds from their card to a bank account of their choosing and access money at an ATM. It is accompanied by a modern, easy-to-use mobile app so that workers can access and manage their money on the go.
“Everything we do at Everee is to help companies streamline fast payouts to their workers, and the Everee Visa Pay Card does just that while giving our customers a free tool that improves their margins,” said Brett Barlow, Everee CEO. “The card is ideal for customers with 1099 and W-2 workers and will attract more workers to our customers’ businesses by making instant pay available to all. It’s a no-cost option for companies, thus reducing the barrier for adoption.”
“Expanding access to financial tools and services is core to Visa’s purpose – uplifting everyone everywhere, and we are excited to work with companies like Everee in bringing new solutions and approaches to this challenge,” said Vanessa Colella, SVP and Global Head of Innovation and Digital Partnerships, Visa. “By joining Visa’s FinTech Fast Track program, Everee gains access to Visa’s scale, security, reach and network of partners, which can help rapidly growing FinTechs get to market faster.”
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