A payroll technology company, Everee has joined Visa’s Fintech Fast Track programme to launch the Everee Visa Pay Card. With this prepaid card, businesses can pay workers instantly, and users can transfer funds from the card to a bank account or withdraw cash from an ATM, according to a press release.
Visa’s Fintech Fast Track program enables startups to access Visa’s partner network along with experts.
“Expanding access to financial tools and services is core to Visa’s purpose – uplifting everyone everywhere — and we’re excited to work with companies like Everee in bringing new solutions and approaches to this challenge,” SVP and global head of innovation and digital partnerships, Visa, Vanessa Colella said in the release. “By joining Visa’s Fintech Fast Track programme, Everee gains access to Visa’s scale, security, reach and network of partners, which can help rapidly growing fintechs get to market faster.”
Customers can also use a mobile app to manage their money.
“Everything we do at Everee is to help companies streamline fast payouts to their workers, and the Everee Visa Pay Card does just that while giving our customers a free tool that improves their margins,” CEO, Everee, Brett Barlow said in the release. “The card is ideal for customers with both 1099 and W-2 workers and will attract more workers to our customers’ businesses by making instant pay available to all. It’s a no-cost option for companies, thus reducing the barrier for adoption.”
