Introduction
Paysign, Inc., a leading provider of prepaid card programs and payment processing services, has launched its innovative Paysign® Premier referral program, offering businesses seamless access to digital banking solutions for their payees. This strategic initiative removes traditional barriers to entry, providing an immediate, no-cost pathway to modern payment solutions.
Banking on Digital Innovation
The program represents a significant evolution in Paysign’s service offering, packaging their Premier digital bank account program as a turnkey solution. This approach allows businesses to modernize their payment processes and reduce costs without undertaking lengthy program design and implementation phases. By extending digital banking benefits to employees, gig workers, vendors, and contractors, companies can enhance payee satisfaction while streamlining their operations.
Monetizing Modern Solutions
In response to accelerating digital transformation trends, Paysign has positioned this program to meet evolving market needs. “Digital banking solutions have been gaining in popularity among businesses and consumers for the last decade,” notes Mark Newcomer, co-founder and CEO of Paysign. “The COVID-19 pandemic has only sped up the trend. Now, more than ever, it pays for businesses to consider ways of streamlining their own payout practices, while offering a valuable financial service to their payees in the process.”
Transforming Transaction Experience
The Paysign Premier digital bank account offers comprehensive features designed for modern banking needs. Account holders receive a “checkless” demand deposit account (DDA) with a personalized Visa® debit card, enabling early access to funds, cash back rewards, real-time account monitoring through mobile and web interfaces, and round-the-clock bilingual customer support.
Pioneering Payment Solutions
This initiative builds upon Paysign’s established reputation in creating customized, innovative payment solutions across various industries. Since its incorporation in 2001, the company has developed end-to-end technologies that securely enable digital payout solutions for diverse applications, from donor compensation and copay assistance to customer incentives and employee rewards. The Premier referral program extends this legacy, offering businesses a streamlined path to modern payment solutions while enhancing customer and employee loyalty through improved financial services access.
