fastP.A.Y.E gives you full control over all key decisions such as how often payments are made, how much they amount to, which employees receive it and ensuring messaging is in line with company values.
Our model doesn’t rely on borrowing money to pay your employees. As there are no interest payments to meet, we can be flexible and agree a model that supports your financial well-being strategy.
fastP.A.Y.E was founded by the ShopWorks, a workforce management company which has many years’ of experience. It is designed to identify which of your staff are on Minimum Wage, if they have exceeded their contracted hours, and whether the shift has been signed off as complete.
We start by requesting the completion of a simple safeguarded bank account form, this is used to facilitate all fastP.A.Y.E transactions. In parallel we will work with your key stakeholders to outline an implementation strategy and setup your version of the application.
All staff that are eligible for fastP.A.Y.E will receive an email invitation, they will need to accept an invitation to link to their relevant employer. All invitations are unique and will be associated with a unique label for reporting consistency.
In addition to accepting an invitation, employees will be required to fill out a simple registration form and add their bank account, in order to receive their wages.
Employee balances will be updated as part of the process defined with the employer, allowing employees to access their wages instantly.
All transactions within your fastP.A.Y.E availability window will be exported and provided to the payroll team as file export or as part of an API integration.
