PayAsia and MatchMove Announce Corporate Prepaid Solutions
30 March 2016, Singapore—PayAsia has teamed up with fintech solutions provider MatchMove to further enhance its payroll technologies with Corporate Prepaid Solutions targeting payroll and disbursement processes.
As one of Asia Pacific’s leading managed payroll and cloud HR services companies supporting over 400 clients, PayAsia has developed this technology to vastly improve process and governance for clients to distribute employee salaries and manage disbursement procedures. This regional deal will improve clients user experience, drive efficiency, and increase cost-effectiveness.
Teaming up with MatchMove, PayAsia has released a virtual dashboard where corporate employees can conveniently view their salary account and monitor fund movements. The dashboard includes a virtual MasterCard that can be used securely to make online purchases and access value added services.
PayAsia’s Corporate Prepaid Solution also offers a physical MasterCard that employees can use to segregate business expenses. As PayAsia’s newest form of disbursement card, this physical card was crafted with the improvement of user experience in mind, especially when it comes to tracking and managing an employee’s business-related spending.
“PayAsia understands the need for timely innovations that further streamlines our processes and drives efficiency, and that at the same time, enhances the overall experience for our clients. With this new product offering, our clients will be able to better manage their payroll, track expenses, and handle cash disbursements,” shared Mark Samlal, Chairman and Group Managing Director of PayAsia.
Shailesh Naik, Chief Executive Officer and Founder of MatchMove, added, “We made sure our Corporate Prepaid Solutions address the most vital aspects of PayAsia’s offerings, and the technology we provide will be legislatively compliant, meet varying time pressures and deliver their sensitive task of seamlessly managing corporate payroll.”
Gitesh Athavale, Senior Vice President and General Manager of MatchMove, further noted that “MatchMove’s mobile payment system being seamlessly integrated into the payroll distribution system of PayAsia will provide convenience to corporate employees; they now have a means to conveniently complete transactions online, be it shopping, bill payments or sending money to their family.”
This new innovation will be delivered to PayAsia’s client base, and will cut processing time in their payroll management and expense reimbursement practises, and increase overall governance.
PayAsia is a Singapore headquartered company that provides Fully Managed Payroll and Cloud HR services and solutions across 24 countries in the Asia-Pacific, Middle East, Africa & Europe and has delivery centres in Singapore, the Philippines, and India.
For additional information please contact:
Mr. Mark Samlal
Group Managing Director and Chairman
Phone: +65 6327 6828
About MatchMove Pay
MatchMove is Singapore’s fastest growing mobile payments technology company, providing innovative enterprise solutions to help businesses increase revenue, user engagement and loyalty through the strategic use of our customisable cloud-based platforms.
For more information, please visit:
For additional information, you may contact:
Mr. Gitesh Athavale
Senior Vice President and General Manager