A hard truth – we are making payroll payments with a mechanism we are left with from the 80s. Back then, when many employees were paid in cash, or cheques, paying wages digitally a week or more before they were received could have been considered a revolution.

Now, in 2022, businesses understand the opportunity cost of having to allocate funds to wages, far in advance of when they are due to be received by employees.

The new truth – the technology is here for instant payroll payments – locally and cross border. The impact for companies - where wages are often their largest expense - can transform cashflow – and bring more opportunities to business.