How to Get an Approved Digital Wage Solution to Pay Your Foreign Workers
Managing payroll for foreign workers can be complex and time-consuming, especially if you’re still using cash or checks. However, with Merchantrade Money’s digital wage solution, you can now leave those traditional hassles behind and digitize your entire payroll process.
As an approved issuer of digital wage payments in Malaysia, Merchantrade is offering a reliable way to transfer salaries directly to your foreign workers’ e-wallets using Merchantrade Money. It’s affordable, efficient and compliant. Built to support your business needs, whether you’re managing a small business or a large corporation.
Here’s what you need to know about the benefits of using Merchantrade Money.
No payment is required to use the payroll portal. Only pay for the issuance of each card. This enables you to scale up easily as your business grows.
Streamline payroll processes with fast salary transfers to employees’ eWallets. Transfers are processed upon approval. Any delays or prefund discrepancies will defer the payout until resolved.
Registering for access to the payroll portal is a digital onboarding procedure that can be completed anywhere in Malaysia, guided by a PIC that’s been assigned to your business from day one.
How to Get Merchantrade Money’s Digital Wage Solution
- Contact the Merchantrade Team at [email protected] to schedule an appointment.
- The Person-in-Charge (PIC) will reach out within 1 to 2 business days with a product introduction to assess your business needs. This can be arranged in person or online.
- Complete the Digital Registration. The PIC will guide you through digital registration for both your company and your employees.
Rest assured, your PIC will do their best to complete the registration process before your next payroll process, ensuring smoother operations for payday!
Tips to make registration a smoother process
- Provide your company email address and location in your email
E.g. [email protected] + Johor Bahru
- Make sure you have your company registration details ready
- Ask your PIC for a list of required company registration documents based on your business type
- Email all required documents to your PIC before registration is complete
Getting Started Outside Klang Valley
If your business operations are based outside Kuala Lumpur city, simply let the Merchantrade team know. A PIC can visit your location to assist with the employee registration process. For smaller companies with very few employees, it may be more convenient to visit a Merchantrade branch near you for employee registration. Our branch staff will be prepped and ready upon your arrival 😉 Think your business location is far out? Don’t worry, we’ll be able to cater to your needs with 95 branches nationwide.
With a digital wage solution provided by Merchantrade, an approved issuer, Malaysian businesses get to digitize their payroll processes and enable real-time salary transfers once employees are onboarded. The platform offers zero cost to use its payroll portal and is accessible nationwide, making it ideal for businesses of any size. By choosing Merchantrade Money, you’re choosing a reliable and affordable way to manage payroll. You’re also reaping long-term benefits for your business and employees, and ongoing support by a dedicated PIC and physical branches throughout the cities and rural areas.
Ready to transform the way you manage payroll? Email the Merchantrade team at [email protected] now, or set up an appointment here.
Tags: admin, digital wage solution, ewallet, how to, Merchantrade, pay foreign workers, payroll management, save money, save time, SMEs, SMIs
