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MBP Services Proper Text-A-Sweldo (TAS). Text-A-Sweldo. WIRE. Payroll Services through Text-A-Sweldo (TAS). Rural Bank. “ Text-a-Sweldo” Payroll Release through G-Cash. Powered by. Payroll List. Employees of the Business Client. Offer Payroll services to employees of
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WIRE Payroll Services through Text-A-Sweldo (TAS) Rural Bank “Text-a-Sweldo” Payroll Release through G-Cash Powered by Payroll List Employees of the Business Client Offer Payroll services to employees of business clients Business Owner (Client of the Rural Bank)
SENDING RECEIVING Bank Sends G-Cash to employees as payment for Salary or Payroll Servicing through GXI’s WIRE system (Wire=web interface system to send G-Cash) Transaction Flow: Text-A-Salary (TAS): • Cash-Out • Pay Bills • Shopping • P2P RB Employees and other company’s employees
Benefits to the Organization and Employees • A once in a lifetime chance to participate in the “first in the world” payroll servicing through Text/SMS. • Cost-savings – Organization no longer maintains huge Average Daily Balance (ADB) in commercial banks for payroll servicing. • Convenience – Preparation is simplified. TAS eliminates the tedious process of check preparation, envelope segregation and payroll funding for each employee. Rural Bank handles funding using automated process of sending payout through each employee’s cellphone using the GCash platform. Employees salaries will be received real-time after sending out by the payroll in-charge of the Bank. • Safety – Receiving salaries and allowances through TAS enables employees to safely keep their salaries in the GCash without the fear of losing it. GCash is protected with 4-digit MPIN. GCash balances are stored in Globe system and not in the cellphone of the GCash holder. • Extra Savings/Income to Employees - Converting GCash to Load (airtime load) entitles10% discount to Gcash holders.