Payments 11:38 am
Hi55 Ventures, a disruptive new fintech company in pay, has partnered with Mastercard to launch, a market-first salary access card, enabling people to access their pay as soon as they’ve earned it.
Similar to a debit card, the card gives employees direct access to money they’ve earned in real-time, with a limit in line with their earnings. By changing how people are paid, Hi puts them directly in charge, and in control, of their pay for better budgeting. The card, issued by Railsbank – the leading global Banking-as-a-Service (BaaS) platform, is available to employees of companies who have signed up to Hi55 Ventures’ innovative platform, Hi.