Kakitangan.com’s Post

There are close to 4 million domestic workers in Saudi. Historically, they've been paid in cash by their employers. However, the country has recently introduced a new policy requiring employers to make salary payments to domestic workers through digital channels—specifically, digital wallets. They're rolling this out in five phases, starting with the salary payments of newly arrived domestic workers to be made in digital wallets. By the end of next year, all employers will be required to make salary payments to domestic workers using approved digital wallets. The approved wallets are STC Pay, Alinma Pay, and Urpay. This change serves as a perfect example of a favorable policy shift to further accelerate digital payments in the Kingdom. These three wallets will onboard millions of new users over the next eighteen months, highlighting how regulatory changes can spur growth for digital players. It reminds me of how Paytm added over 60 million new users in just three months after demonetization in India. What's unfortunate in Saudi's case is that all the growth resulting from this change is expected to benefit corporates, not startups. STC Pay is owned by the country's leading telecom company, and Alinma Pay and Urpay are mobile wallets operated by leading banks in the Kingdom.

🚀 Great news! TNG Digital’s TNG eWallet is now approved by JTKSM as a salary payment solution for unbanked workers, especially migrant workers. Employers can directly deposit salaries into TNG eWallet accounts, providing secure and convenient access to earnings. This supports financial inclusion by offering: - A secure place for savings - Seamless transfers with DuitNow - Cash withdrawals with TNG eWallet Visa Card - Easy remittances to over 50 countries #financialinclusion

🚀 Big News! 🌍 We're excited to introduce Cross Border by PaidHR (formerly Pade)—a solution built by Africans for the world. With companies expanding globally, managing payroll and currency payouts is more challenging than ever. ✨ For Employers: Instantly convert Naira and pay your global workforce in their local currencies—all from one multicurrency wallet. 💰 For Employees: Receive your salary, convert to USD/GBP, and manage your finances effortlessly in the PaidHR app. Our goal? To simplify cross-border payments so you can focus on growth and empowerment. 💙 Your money, global control, one platform. #PaidHR #CrossBorder #GlobalPayroll #BusinessGrowth #FinancialFlexibility

“Where’s my salary?” It’s a question that no worker should ever have to ask. And yet according to the Internal Revenue Service, 33% of workers in the US experience problems with their pay check. Even worse, 40% of those workers immediately start looking for another job. And that’s just the US. When you add global payments into the mix, things get complicated fast. Intermediary banks have unpredictable schedules and public holidays. Some of them take a cut of the transfer. Others charge huge markups on currency exchange. Unless you have total control over the payment from send to land, you’re always at the mercy of third parties. That’s why we built a bespoke global payments solution for workforce. Papaya Global customers can pay workers in the local currency of 160+ countries at the touch of a button, with full liability and guaranteed land dates. In fact, 80% of our payments land on the same day. But enough boasting. If you’re curious to learn more, check out our e-book in the link below. https://lnkd.in/gwNftxH9 #payroll #payments #workforce

Expanding a business in Asia can be complex with varying regulations, languages, and business practices across countries. Employer of Record (EOR) solutions can help simplify this process by handling local compliance, payroll, and more, allowing companies to focus on strategy. Article in the comments explores how EOR can make cross-border growth easier and more efficient. #Asia #BusinessGrowth #Business

✨CNBC Exclusive: Paywatch Reveals the Secrets of Their EWA Platform💰 Paywatch Co-Founder and President, Alex Kim was recently featured in an interview on CNBC Indonesia Profit Channel, where he provided an in-depth look at Paywatch and its unique business model.   Alex shared insights into how Paywatch stands apart from other earned wage access (EWA) providers, highlighting the excellence of Paywatch's services and what makes the platform truly unique in the market.   Tune in to learn more about Paywatch's innovative approach to EWA and the key differentiators that are driving the company's success.   #Paywatch #Paywatchglobal #PaywatchIndonesia #FlexiblePayroll #PaywatchonTV #EarnedWageAccess #FinancialWellness #FairFinancialAccess #CNBCProfitChannel #CNBCIndonesia #Fintech

Placing payroll front and center can transform it into a strategic asset, rather than the largest expense. How? Check out Papaya Global Academy's course by CEO and Co-Founder, Eynat Guez & payments expert Jonny Nash. #papayaacademy #payrollacademy

Placing payroll front and center can transform it into a strategic asset, rather than the largest expense. How? Check out Papaya Global Academy's course by CEO and Co-Founder, Eynat Guez & payments expert Jonny Nash. #papayaacademy #payrollacademy

Sam's favourite question he has been asked this month is... ✅ What sectors does Agility provide EOR support to? "We find that most of our clients are in the Tech, IT, Finance and Professional Services industries. However, there's no sector we cannot serve as we have the skills, knowledge and experience to help all industries globally. As EOR experts in over 100 countries, we understand that each location has significantly different commercial, cultural and legislative nuances." For more sector and country-specific EOR support, send us a DM. #humanresources #EOR #globalexpansion #payroll #agilityEOR

⏳ In recruitment, time is everything. ⏳ From finding talent to building relationships, every minute counts. But payroll and admin can steal that time. With Outapay, we handle the details—so you don’t have to. ✨ With Outapay, you will receive: ✅ Pay-As-You-Use flexibility, scaling with your needs—no lock-in contracts. ✅ Automated invoicing & reporting, simplifying compliance & reducing errors. ✅ Payroll processing at $0.35 per hour, ensuring accurate & timely payments. ✅ Free branded geolocation app, making workforce management easier. ✅ No setup costs, letting you focus on placements and client satisfaction. Contact us to learn how we can help streamline payroll & invoicing needs. info@outapay.com.au 0396569766 Perry De Silva Indika Wijayasinghe