Branch launches Branch Direct to offer instant payout solutions for workers

By Delisha Fernandes

Branch, a workforce payments platform, has launched Branch Direct, a web-based, instant payment solution.

The web-based, instant payment solution equips companies with a simple, no-code accelerated payments solution that can be set up within days. Without any engineering resources or pre-funding required, businesses can launch the Branch Direct web portal to allow earners to receive instant payouts directly to the worker’s bank account via their connected debit card.

“As companies realise the positive impact instant payments can have on an individual’s cash flow and how that improves talent retention, they are looking to provide multiple, easy ways to get paid quickly,” said Atif Siddiqi, CEO Branch. “ The web-based, instant payment solution addresses this need by offering more flexible, efficient options for companies to deliver and earners to receive instant payouts.”

Companies can easily onboard and pay individuals for completed work with the web-based, instant payment solution anytime. It also offers earners fee-free payment options, including instant payouts to a Branch account and ACH transfers to a personal bank account.

For businesses looking to quickly embed instant payments directly into their work portals or applications, the workforce payments platform offers Branch Direct Embedded. It allows companies to incorporate the web-based, instant payment solution into an existing mobile application or platform for a uniform work and pay experience, including the ability to offer an instant payment option directly into their onboarding flow.