Your payroll operations require end-to-end compliance, all the way to payments.
Global workforce payments demand specialized handling, which most payment providers fail to provide – they must be paid on time and involve a series of complex compliance requirements. Papaya’s payment solution works with any payroll provider or in-house system to ensure compliant, on-time payments for your global workforce.
Our dedicated solution transforms your payroll data into secure, automated payment delivery.
Timely payments, every time
Our automated system processes up to 10K transactions in one click, with guaranteed landing dates powered by JP Morgan and Citi’s infrastructure. Perfect timing across 130+ currencies, from bank accounts to digital wallets, ensuring your employees get paid exactly when they should.
Payroll fraud prevention
Set permissions and approval chains to control who can view and process workforce payments. Secure your sensitive payment data within one system instead of sharing files through email or chat apps.
Safeguarded funds on virtual IBAN accounts
Our payment solution leverages JP Morgan and Citibank’s infrastructure to ensure your funds stay protected and segregated until payments are initiated.
Multi-level fraud prevention, rule-based access, and continuous transaction monitoring safeguard every payment. Full audit trails and real-time visibility give you complete control over your payments.
Connect payroll data to payment processing
Automate your payroll payments and save time, effort, and resources. Automatically transform payroll information into payments with our data connector, eliminating manual errors in the last payroll mile. Our payments connector easily integrates your payroll data into Papaya Payments regardless of your payroll provider.
Alternatively, you can use our payment APIs to embed our solution directly to your existing tech environment to manage your payroll payments.
Dedicated Workforce Payments Features
Payments API
Integrate payments directly into your payroll process quickly and easily, customizing the API.
Streamlines integration, reducing development time and costs
Land date setup
Set up the desired land date, making sure payment always arrives on time.
Mitigates payment delays due to unforeseen checks and screenings
Recurring payments
Set up automatic recurring payments in pre-defined intervals.
Eliminates manual repetition on workforce payments
Real-time monitoring
AML, account validation, and compliance screenings, to prevent errors in advance.
Avoids delays, detecting issues pre-emptively
Fraud prevention
Avoid delays with strict fraud prevention controls safeguarding your transactions.
Mitigates risks of financial losses and compliance issues
Rule-based access
Set permissions and approval chain to comply with data privacy rules.
Mitigates unauthorized access risks
Mass payments
Process up to 10K transactions in one click.
Reduces time-consuming manual processes
Data connector
Automatically transform your payroll data to payment data and execution.
Reduces time spent with integrations well as data inconsistencies
What are the benefits of using a dedicated workforce payments solution?
A dedicated workforce payments solution offers several benefits, including guaranteed payment landing dates, ensuring employees are paid on time. It ensures local compliance by handling tax and social contribution payments and automates workforce payments to save time and reduce manual errors. It also provides enhanced security measures like fraud prevention, safeguarding funds in virtual IBAN accounts, and controlled access with approval chains.
How does Papaya Global’s solution ensure timely and compliant payments?
Papaya Global utilizes automated systems capable of processing high volumes of transactions with guaranteed landing dates. This ensures timely payments across various currencies and payment methods. For compliance, it automatically handles tax and social contribution payments based on local regulations, ensuring accuracy and reducing risks.
What security measures are in place to protect workforce payments?
Papaya Global prioritizes security with features like multi-level fraud prevention, rule-based access controls, and continuous transaction monitoring. Virtual IBAN accounts from trusted institutions like JP Morgan and Citibank safeguard funds. Full audit trails and real-time visibility provide transparency and control over payment processes.
Can Papaya Global’s solution integrate with my existing payroll system?
Yes, Papaya Global’s payments connector can seamlessly integrate with various payroll providers and in-house systems, regardless of the provider. This integration automates the transformation of payroll data into secure payments. Alternatively, you can utilize Papaya Global’s payment APIs to directly embed the solution into your current tech environment for managing payroll payments.
What types of employment models are supported for payments?
Papaya Global supports payments for all employment models, including employees, contractors, freelancers, EOR, and AOR, as well as payments to tax authorities. It caters to any company with a global workforce needing to make compliant and efficient payments.
Why do you require Pre-Funding in advance, and what are the risks?
After your payroll is approved, we send a funding request 7 days before the funding date to help meet contractual obligations for employee and authority payments.
Failing to fund on time may result in delays due to additional bank screening or late approval by the treasury team, potentially impacting payday.
The funding deadline varies by country (see payment coverage), but we generally recommend funding your wallet at least 3 days before the expected payment date.
At Papaya Global, to ensure on-time payments, our payment liability applies only if pre-funding is completed at least 5 business days before the payment date.
Boost productivity and performance.
Papaya’s global payroll and payments technology covers it all. So you can focus on what matters — your business.
