Global partners Ontop and Thredd join forces to provide a more contemporary, seamless payroll and payment experience for workers worldwide.
In a groundbreaking move, Thredd, a next-generation global payments processor, has partnered with Ontop, a leading global payroll and financial platform. This collaboration aims to provide a more modern, frictionless payroll and payments experience for global workers and companies operating across 150+ countries.
Key Benefits of the Partnership
The partnership between Thredd and Ontop offers several significant benefits:
- Faster and more flexible access to earnings: With account controls that enable instant money movement across multiple currencies and regions, contractors and global teams can access their funds in real-time.
- Borderless payouts: The partnership helps facilitate seamless payments across international borders, supporting payroll for remote and freelance workers globally without the traditional delays or friction.
- Smart digital wallets and payment options: Ontop's platform combined with Thredd’s technology offers smart wallets, streamlined spending, and next-generation payment tools aimed at empowering workers financially.
- Enhanced financial experience for remote/global teams: The solution supports real-time account controls, easier spending management, and instant cross-border funds transfers, thus improving the financial autonomy and convenience for workers globally.
- Support for modern global labor trends: Given the rise of freelance and remote work worldwide, this partnership aligns financial technology with the growing global freelance workforce by providing rapid, reliable payments tailored to their needs.
Ontop's platform also enhances the overall remote work experience by offering connected perks such as Visa debit cards with cashback rewards, creating an ecosystem around payroll that supports workers beyond simple payments.
Executive Statements
Thomas McAllister, Chief Financial Services Officer of Ontop, stated that the partnership with Thredd is an investment in best-in-class technology and infrastructure. Kevin Fox, Chief Revenue Officer for Thredd, stated that Thredd aims to take the complexity out of global issuer processing.
The partnership is significant as it marks a step in Ontop's evolution to deliver modern financial tools and experiences for companies and workers alike. Thredd's goal is to provide companies like Ontop with the infrastructure to move fast, remain compliant, and scale across borders. Payblr's involvement ensures compliance and speed-to-market across multiple regions for the Ontop card program.
In summary, Thredd and Ontop together offer a scalable, real-time, and flexible global payroll and payment infrastructure that reduces friction, increases speed, and improves the financial experience for international workers and companies alike. This collaboration is set to redefine the landscape of global payroll and financial services.
[1] Thredd Press Release, [Title], [Date] [2] Ontop Press Release, [Title], [Date] [3] Thredd Blog Post, [Title], [Date] [4] Ontop Blog Post, [Title], [Date] [5] Thredd Blog Post, [Title], [Date]
- The partnership between Thredd and Ontop, with their focus on best-in-class technology, aims to take the complexity out of global issuer processing, providing a compliant and swift infrastructure for businesses and workers.
- The alliance between Thredd and Ontop offers businesses and remote workers a modern financial experience, complete with smart digital wallets, borderless payouts, and enhanced compliance, revolutionizing the landscape of global payroll and financial services.
