The C3 Card payroll service is an authorised agent to go live with the Ministry of Labour’s Wages Protection System (WPS), for paying their labours salaries, in accordance with the strategic agreement recently signed between the two companies.
C3 Card offers a payroll card service to its customers without having a bank account, and it provides the same convenience of a bank-issued debit card, with the added feature of being able to transfer funds to a recipient anywhere in the world.
The payroll service allows customers to process salary payments electronically and provides employees with a platform to receive their wages. Each employee’s salary is automatically disbursed into his/her card as a direct transaction, enabling companies to make accurate and timely salary payments. Employees have immediate access to their money through ATMs across the UAE and region and can also make purchases at enabled point of sale store terminals.
Shafqat Rana, general manager of Delma Exchange, said: “It will support our clients’ efforts to meet the different needs of their employees through providing multiple banking options. And in addition, this agreement will support our business expansion plans by maintaining our capacity to provide full integrated banking solutions with specific emphasis on comprehensive WPS-services.”
Rabih Sfeir, director of C3 Card, said: “We aim through providing electronic payment card service, consign wages, particularly for low-wages, on behalf of banks and money transfer companies, to help them save efforts and time in order to focus in maintaining their high standard level of financial services to their customers.”
