ADP introduces new payments solution
ADP has launched a new digital payment solution that employers can offer employees, including part-time and freelance workers.
The new solution, dubbed Wisely Pay, offers various ways to receive, spend, and manage money, such as peer-to-peer transfers, instant pay, as well as mobile digital wallets by Apple Pay, Samsung Pay and Android Pay.
Wisely Pay supports employers of any size and industry and is based on ADP’s takeover of Global Cash Card.
ADP president of compliance solutions Doug Politi said: “The world of work is changing and our clients look to us as the market leader in payments, to help them better engage with their entire workforce.
“Wisely Pay is leading the way people get paid in the future as a true bank alternative, with innovative services like instant pay, savings, digital wallet, and other financial management and wellness features that are better aligned with the evolving workforce.”
Employers choosing to provide sponsored accounts for their staff can avail the Wisely paycard in the US from September this year.