Remote work is becoming increasingly popular; however, managing payroll for such employees presents a serious challenge.
Issues with Traditional Payments for Remote Workers
Traditional banking systems are often not well-suited for international workflows. Payment methods can be delayed, and funds might arrive with issues, especially if they are in a non-target currency, leading to unforeseen conversion costs. Using debit or credit cards may also be hampered due to frozen transactions flagged as suspicious.
How Crypto Cards Change the Workflow
Crypto cards allow workers to receive payments in stablecoins like USDC, greatly simplifying the process. Payments become available instantly without waiting for banking hours or currency conversion. This creates faster and more flexible workflows for individuals working across various countries.
Security and Control with Crypto Cards
Crypto cards provide a high level of security, including two-factor authentication and instant freezing capabilities in cases of suspected fraud. Users maintain complete control over their assets, which are stored in a wallet they control.
Considering the shift towards remote work, the utilization of crypto cards and stablecoins is increasingly relevant. They simplify financial operations, reduce costs, and offer greater control over finances for workers globally.