Papaya Global

Ready for more product news? Here we go! Our product team has been hard at work updating the Payment Report screen. This update improves usability and enables our customers to track their payments more easily across all projects & wallets. What does this update do for our customers? 👁️🗨️Enhance visibility with additional description and worker IDO information that provide more context to the payment. 📝 Enable more efficient tracking through refined filters and specific criteria, making it easier to manage multiple transactions across various projects and wallets. 🏣Improve usability with the simplified layout the Payment Report screen that is now more user-friendly, reducing time spent on finding and managing payment details. #productnews #payrollpayments #workforcepayments

We're always up for a good conversation about payroll and payments, even more so when real experts are involved. Nick Day and Eynat Guez sat down for a chat on The Payroll Podcast to discuss AI's impact on the industry that seems a little stuck in the past; how to add accurate, efficient, and on time payments to the payroll process, and the tech capabilities required for paying a global workforce. Curious? You should be! Listen to the full episode here: https://okt.to/9GFbEh #payrollpayments #workforcepayments #paytech

Humans have been exchanging goods and services since the dawn of civilization. Innovation has been the driving force of payment solutions ever since-from stringing beads and shells to necklaces all the way through to digital currency and beyond. In this series of posts, we’ll take you on a time travel adventure to see how the world gets paid. 𝗣𝗮𝗿𝘁 𝟴: 𝗕𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻 𝗮𝗻𝗱 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 Introduced in a white paper in 2008, blockchain is a digital ledger of transactions replicated and distributed across a network of computer systems to secure information. It enables people to make financial transactions without the need for banks, financial firms, and government. Blockchain is created with each transaction and forms a transparent public log, making Bitcoin usage possible. Bitcoin is accepted and used in increasing number of countries and institutions. In the US, Bitcoin’s primary value is as an investment. At present, digital currency is carving its path to mainstream business. Governments around the world (Canada, Denmark, China, Netherlands and others) are exploring the possibility and potential of cashless economies. To learn more about global payments, go to our PaymentsPedia>> https://okt.to/wMVFX8 #crossborderpayments #workforcepayments #howtheworldgetspaid

We're proud to announce our newest AI-powered payroll and payments solutions, empowering organizations to manage and pay their global workforce with confidence and ease. These innovations alleviate specific pains for multinational enterprises by: 🚀Reducing global payroll processing time by up to 80%.  🚀Cutting operational costs by up to 25%.  🚀Ensuring 100% compliance across all global operations.  🚀Improving employee satisfaction scores related to payroll by 40%. If rapid scaling of global workforce and entering new markets in weeks instead of months sounds appealing, watch the video below and visit https://lnkd.in/eEDYAm6e #payrollpayments #workforcepayments #productnews

Webinar reminder: Join us tomorrow! Paying your global workforce accurately and on time is hard. 𝗕𝘂𝘁 𝗶𝘁 𝘀𝗵𝗼𝘂𝗹𝗱𝗻’𝘁 𝗯𝗲. In our exclusive webinar with Finextra, we’ll explore the intricacies that make paying workers abroad that much more complex – and, of course, how to solve them. Join Papaya Global’s Senior Director of Payments, Jonny Nash and experts from Wells Fargo BNY and KPMG as they discuss: The logistical challenges of moving payments across borders The key internal challenges global firms are facing to pay their workers on time and securely Addressing the transparency and liability issues in cross-border payments. Interested in learning more? Register now! https://okt.to/o8K5A6 #Freewebinar #workforcepayments #globalpayments

Staying compliant means staying up to date with any and all policy changes. At Papaya, we’re constantly current on local regulations, so our clients can rest assured that employees and authorities are paid properly. Here’s a quick roundup: 🇫🇷 France: Gross hourly rate for minimum wage is set at 11.88 Euros. 🇨🇱 Chile: Disability and Survival Insurance contribution rate decreased from 2.01% to 1%. 🇲🇾 Malaysia: New wage ceiling for social security is set to RM 6,000. 🇸🇦 Saudi Arabia: As of January 2025, the contribution rate for employers and employees will increase from 9% to 9.5%, and continue to increase by .05% each year to 11% max. #payrollcompliance #paymentCompliance #workforcecompliance

Paying your global workforce accurately and on time is hard. 𝗕𝘂𝘁 𝗶𝘁 𝘀𝗵𝗼𝘂𝗹𝗱𝗻’𝘁 𝗯𝗲. In our exclusive webinar with Finextra, we’ll explore the intricacies that make paying workers abroad that much more complex – and, of course, how to solve them. Join Papaya Global’s Senior Director of Payments, Jonny Nash and experts from Wells Fargo BNY. and KPMG as they discuss: ➡️The logistical challenges of moving payments across borders ➡️The key internal challenges global firms are facing to pay their workers on time and securely ➡️Addressing the transparency and liability issues in cross-border payments Interested in learning more? Register now! https://okt.to/C9A1Rd #Freewebinar #workforcepayments #globalpayments

In a candid interview with FIN: The Fast Forward on Fintech's Holly Sraeel, Papaya's CEO and Co-Founder Eynat Guez shares her insight and her vision of the payroll and payments transformation, and what impact #AI can bring to this industry. "It was very interesting to see in the last year that, as we went up market, we are not replacing a platform solution with a platform solution. We're replacing service with a platform solution, unifying everything for business owners and operators. The payroll transformation and eventually the digitalization that is coming—there’s a lot of noise coming out of the office of the CFO and digitalizing it—is finally getting there." Click below for the full interview>> https://okt.to/Uv2lzY #payrollpayments #workforcepayments

Humans have been exchanging goods and services since the dawn of civilization. Innovation has been the driving force of payment solutions ever since-from stringing beads and shells to necklaces all the way through to digital currency and beyond. In this series of posts, we’ll take you on a time travel adventure to see how the world gets paid. 𝗣𝗮𝗿𝘁 𝟳: 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀 It’s 1994. Ace of Base’s The Sign is the #1 song, the Rachel Cut is at its peak popularity, and the World Series is cancelled because of a Major League Baseball players’ strike. It’s also the year a company called First Virtual Holdings created the first online payment system. Customers could now input their credit card info and make payments online. Soon after, PayPal was established and quickly became the leading solution for online payments in the early 2000s. Its popularity was the result of enabling users to make online payments without sharing their credit card information with merchants and providing a new level of security and convenience. By the late 2000s, mobile payments were available through systems like Apple Pay, Samsung Pay, and Google Wallet To learn more about global payments, go to our PaymentsPedia>> https://okt.to/ufBvC3 #crossborderpayments #howtheworldgetspaid #historyofpayments

Ready for some exciting product news? Introducing the ability for customers to generate and download Proof of Payment (POP) documents directly within Papaya's Payments Application. This feature provides formal documentation of completed transactions, which can be shared with beneficiaries to confirm payment. 𝗪𝗵𝘆 𝗶𝘀 𝘁𝗵𝗶𝘀 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁? 🪟 Enhanced Transparency: Get clear official confirmation of payment, reinforcing trust and transparency in the transaction process. 📔 Record Keeping: POP documents support you in maintaining detailed records of each payment, which can be critical for audit trails and compliance with internal and external reporting requirements. 📡 Streamlined Communication: Instead of relying on informal confirmation methods, you can now share an official document with beneficiaries, reducing follow-up questions and providing clarity on the payment status. #payrollpayments #workforcepayments #crossborderpayments