- Advancing financial participation for Malaysia’s migrant worker group
- Statutory systems gain a deeper understanding of the difficulties workers face.
Kakitangan.com, the country’s largest Cloud HR software provider and Merchantrade, Malaysia’s largest Money Services Business ( MSB ) operator and a leader in the digital payments space, today announced a strategic partnership aimed at supporting migrant workers employed in Malaysia.
This collaboration makes use of Merchantrade’s recent recognition as a designated payment instrument ( DPI ) issuer by the Ministry of Human Resources for digital wage payments.
This allows companies to effortlessly pay wages through Merchantrade’s secure and convenient e-Wallet system, Merchantrade Money. The expertise of Kaktangan.com comes from the fact that payment calculations are automatically automated and the necessary payment documents are created, ensuring a smooth integration for effective salary crediting.
For businesses of all sizes, this agreement provides a useful solution:
- Improved staff satisfaction: Workers gain access to secure and convenient e-wallets, fostering monetary participation and satisfaction.
- Reduced pay &, HR procedures: Kakitangan.com’s cloud-based Personnel software streamlines pay processes, saving employers significant time and resources.
- Increased compliance: Employers you automate the generation of forms and calculations to make sure they comply with all legal requirements.
This action particularly targets companies operating in remote areas, including lands, outskirt companies, and mining sites. Kakitangan.com aims to support over 1, 000 firms in digitalizing their pay and HR procedures, enabling them to achieve and motivate people regardless of location.
” We’re thrilled to mate with Merchantrade in this valuable endeavour”, said Effon Khoo, founder and CEO of Kakitangan.com. ” Our Cloud HR solutions and Merchantrade Money’s e-wallet solutions make payroll processes simpler for companies and give more migrant workers access to trustworthy financial service.” This partnership perfectly complements our desire to enable organizations while making a good impact on the community.
Our Merchantrade Money e-wallet, powered by Visa, has allowed these workers to properly receive wages, make contactless payments wherever Visa is accepted, and remove money from Visa Plus ATMs, according to Ramasamy K. Veeran, creator and managing director of Merchantrade.
Collaborating with Kakitangan.com strengthens Merchantrade’s ‘ first-to-last-mile’ online salary option which provides employers with extensive help at every stage, from onboarding and training to after-sales service.
” Through our relationship, we are not only advancing financial participation for Malaysia’s immigrant worker area but also transforming compensation payments for companies”, said Ramasamy.
Legislative bodies can better understand the needs and difficulties faced by migrant communities as a result of better access to data and statistics. They are able to develop more specific and efficient support programs thanks to this information.