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Payroll Management Solutions

 

Payroll Management SolutionsOnline businesses working with affiliates, publishers, vendors and freelancers in other countries or requiring payments for clinical trials and travelers' expenses abroad have a need for international payroll management. Companies commonly make mass payments through direct deposit, bank checks and international wire transfers. In some countries, to receive these types of payments, the recipient must have a bank account, wait several hours to several days for transfer completion, or several weeks for an international check to clear. There are fees for each transfer and the payee must maintain bank accounts with US affiliated banks, usually with regular and substantial fees. As online businesses are increasing relationships with affiliates, publishers, vendors and freelancers in countries such as Brazil, Russia, India and China, international payments are even more complicated as locals may not readily have bank accounts with US affiliated banks, and the international wire transfers and check processing can reach $20-$40 per transfer/payment. Matrix Card Solutions,  a payroll card provider, addresses international payroll management through a globally issued prepaid MasterCard® card. Businesses send mass payouts to recipients through a simple online process. The funds will be available on the prepaid card immediately with a minimal load fee. The recipient may use the prepaid MasterCard card everywhere Debit MasterCard is accepted at Point-of-Sale or online, free of charge, and may withdraw funds in local currency at an ATM for a nominal charge. The turn-key, safe, efficient and cost-savings payroll management solution is a great alternative for any web-based business requiring mass pay of commissions and other fund transfers. For further information and to receive a customized offer, please contact matrixcardsolutions  at ltaylor@matrixcardsolutions.com