Employees sometimes need emergency funds. The ability to approve and issue funds quickly is a challenge faced by employers.
MC Systems is revolutionising the loan market with BizPay Cash, the first mobile loan application, which is an automated solution.
- Salary advance and pay day loans can be processed automatically
- Improves the speed at which loans are processed
- Reduces administration and operational overheads
- Greater efficiency in the Payroll and Human Resource departments
- Multi-channel access to submit loans or cash advances via mobile app and web portals
- Access the solution 24/7 anytime and anywhere to view real-time updates and reports
- Specifications can be customised such as number of loans that can be taken and percentage of net pay which can be borrowed
- Delivers a seamless and personal transaction between the employers and their members of staff