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Paysend & Ontop partner to deliver instant salary payments to workers

By Delisha Fernandes

May 26, 2023

  • B2B payment
  • Banking
  • Businesses
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PaysendPaysend, a payments platform, has partnered with payroll platform Ontop, enabling employers to make faster and more cost-effective salary payments to workers and contractors.

Paysend will power Ontop’s new payout-to-cards capability for employee and contractor payroll. This will enable remote workers paid through the Ontop platform to send their money directly to their local cards instantly and at a low cost.

Remote workers who receive payment through the Ontop platform can now conveniently transfer their funds to their VISA or Mastercard card, replacing current cumbersome arrangements involving delays and fees through the need to use the Swift system.

To use the Paysend platform, contractors need to supply their full name and bank card number, and they can instantly and directly access their money using Mastercard or Visa Rails. There is no more uncertainty around payday or Swift or intermediary bank fees. 90% of transfers arrive in 15 seconds or less.

Juan Pablo Acosta, Head of Payments & Business Enhancement at Ontop, said, “We are excited to join forces with Paysend to provide our clients with a faster, more efficient, and cost-effective solution for global payments. This partnership aligns with our mission to provide our clients with the best payroll solutions on the market while enabling them to scale their businesses internationally.”

Jairo Riveros, Chief Strategy Officer and Managing Director for the US and LATAM at Paysend, said, “We are delighted to be partnering with one of the leading payroll brands and look forward to a close partnership with Ontop. Our market-leading card-to-card payments platform will save time and money, processing salary payments to workers quicker and more cost-effectively than via the banking network.”

Ontop is a Miami-based startup that enables businesses to make their global payroll process smooth and simple. Building a high-tech product to effortlessly streamline the global payroll process, they help companies onboard new hires, sign their contracts and automate their payments.

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