Branch offers a mobile digital wallet for working Americans. An on-demand hub that helps them meet their everyday financial needs, our app allows any employee to receive money, manage their cash flow, and spend anywhere – all from their smartphone.
At Branch, we’ve been exploring where we can take our company next in order to help working Americans get ahead financially—and support the businesses who pay them. What we’ve built over the past several years hasn’t changed: tools to provide free, faster payments to workers. But we’re now proud to offer an Employer Payments Platform (EPP) that can help technology partners like you provide a more modernized payments solution to your business customers.
We decided to call our platform an Employer Payments Platform because we believe that by changing the way employers can pay their workers, we can simultaneously help both businesses and the American workforce. And by partnering with technology companies in the spaces of HR, payroll, and workforce management, we’ve found we can empower even more businesses and, ultimately, hourly employees.
Our fast, flexible, and free platform has a lot of different use cases. It can accelerate payouts to gig workers. It can provide digital tip payouts to delivery drivers directly after their shifts. It can offer earned wage access (EWA) to hourly workers if they need it. And because we handle the capital for businesses, they’re not responsible for any prefunding or cash management—we are. We’re helping them pay their employees faster and streamline payroll to make everyone’s life a little easier—without any hassle on their end.
Many factors have necessitated this transformation, from the move towards cash-free payments to the growth of the gig economy. As more workers look for on-demand pay, offerings like EWA have become table stakes for companies to provide their employees. Your business customers are looking for a way to accommodate this shift. But instead of building a solution in-house, our EPP can do the heavy lifting for you—helping you deliver an instant value-add to your customers and solve more of their problems.
By partnering with Branch, you can help your customers upgrade their payment technologies in order to pay their people faster, streamline payroll, and make everyone’s life easier. Read on to learn more about what an Employer Payments Platform is and what it can do for your business.
