SaaS News Hubb
Advertisement
  • Home
  • News
  • Software Engineering
  • Software Development
  • SAAS Applications
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Software Engineering
  • Software Development
  • SAAS Applications
  • Contact Us
No Result
View All Result
SaaS News Hubb
Home SAAS Applications

Greenshades Selects Branch as Exclusive Banking and Card Solution

by admin
May 14, 2022
in SAAS Applications
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Digital WalletGreenshades has recently partnered with Branch, an innovative company with a mission to modernize payment methods and promote financial wellness for the benefit of employees everywhere.

This strategic partnership is the first step in our ongoing commitment to promote greater financial inclusion and to empower workers. As a result, now Greenshades is able to offer fee-free debit cards, checking accounts, and digital wallets. Here’s a look at the new products our partnership brings to the table.

An All-Inclusive Solution

While traditional paycards offer the seeming benefit of fast payment receipt, the reality is that they often have hidden, significant fees, reducing how much workers “take home.” What is more, since they typically aren’t actually DDA bank accounts, they may not be FDIC insured. Another caveat is the limits on using that money; they generally do not work with important payment platforms such as Apple Pay, Google Pay, or Venmo. Nor do they allow workers to start building a credit history or gain access to credit.

The Branch Card and Wallet is connected to an FDIC-insured checking account from Evolve Bank & Trust, overcoming all those challenges and offering other benefits as well. For example, users enjoy digital banking with no overdraft, maintenance fees, or account balance minimums, along with access to over 55,000 free ATMs. Instead of relying on costly check-cashing services, Branch users have:

  • Free instant access to earned wages via Apply Pay or Google Pay
  • Up to two-day early paycheck
  • Personal finance tools to help them manage their cash flow between paychecks

Having their personal data already entered and validated in our Greenshades Payroll solution makes the experience all the more convenient for employees. With their consent, their information can be shared with Branch securely, and in just a few moments, the due diligence (KYC) and enrollment processes are complete. From there, they can open a bank account, set up a digital wallet on their phone or tablet, and update their direct deposit information to be ready to receive wages. We strive to make the entire process as painless as possible.

Imagine this scenario: A typical Branch user is an hourly worker; every hour not spent on the job equates to lost wages. With a traditional approach, that worker could lose 4 hours or more to collect their papers, apply for an account in a bank, hope for approval, get a debit card, and update the payroll department with their new direct deposit information. If they’re successful, they’ll probably have an account with hefty fees; if not, the process starts over again at another bank. Imagine how hard it will be for that employee to make ends meet his first month!

With Branch the process is so much simpler. Moreover, manual entry of direct deposit information becomes a thing of the past, eliminating further delays before receiving his first payment. The whole process takes just a few minutes and can be done from the comfort of home on a mobile device, never missing a beat at work.

We know that manually printed and delivered checks are the bane of your HR department. And they present a number of challenges for the rest of your employees as well.

  • No fees
  • No burdens
  • No individual setup or administrative tasks to perform
  • No special plastic cards to distribute

Even special cases, such as distributing tips (as in the restaurant industry) or termination pay (watch out if you’re in California), are a breeze through the platform.

Stay tuned; there’s more on the way, and we’ll be strengthening our ties with Branch in order to bring more benefits that simplify your payroll processing while helping your employees get ahead financially.

Read the full Press Release: Greenshades Selects Branch as Exclusive Banking and Card Solution

By Greenshades, www.greenshades.com



Source link

Previous Post

Developer Community: By Helping Others We Help Ourselves

Next Post

CRM reporting Extension – SSRS instance is blank

Related Posts

SAAS Applications

How to auto populate a field value from entity form to HTML web resource section (Note Entity adx.annotations.html)?

May 21, 2022
SAAS Applications

Sell Premier: The Superior CRM Solution for Sales

May 20, 2022
SAAS Applications

Forum Post: Seeking an Administrator

May 20, 2022
SAAS Applications

How AI Changes the Future of Sales and Marketing

May 19, 2022
SAAS Applications

Dynamics 365 CE Edit Filter Criteria Error

May 19, 2022
SAAS Applications

The Beginner’s Guide to SEO for Retailers

May 19, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Most Popular

Software Engineering

Make your open-source project public before you’re ready (Ep. 444)

May 21, 2022
Software Engineering

A Survey of Causal Inference Applications at Netflix | by Netflix Technology Blog | May, 2022

May 21, 2022
Software Engineering

CloudGraph with Tyson Kunovsky – Software Engineering Daily

May 21, 2022
Software Development

Developer Onboarding Best Practices | Pluralsight

May 21, 2022
Software Development

How to Connect WordPress to Cloud Storage Services

May 21, 2022
SAAS Applications

How to auto populate a field value from entity form to HTML web resource section (Note Entity adx.annotations.html)?

May 21, 2022
News

Claap prevents meeting fatigue with async video collaboration – TechCrunch

May 21, 2022
Software Engineering

Action needed by GitHub Connect customers using GHES 3.1 and older to adopt new authentication token format updates

May 20, 2022
Software Engineering

The Overflow #126: The 2022 Developer Survey now open

May 20, 2022

© 2022 Sass News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy

Navigate Site

  • Home
  • News
  • Software Engineering
  • Software Development
  • SAAS Applications
  • Contact Us

Newsletter Sign Up

No Result
View All Result
  • Home
  • News
  • Software Engineering
  • Software Development
  • SAAS Applications
  • Contact Us