The Mass Payments arm of fintech firm Ebury, has partnered with corporate solutions provider ABN Australia, to provide payroll payments to its international clients and expand ABN’s payment services globally.
Working with Ebury Mass Payments, ABN Australia aims to streamline its end-to-end payroll and employer-of-record services, enabling funds to be received in multiple international currencies to help pay employees and other beneficiaries in Australia more efficiently.
Ebury’s Mass Payments solution safeguards client money and reduces counterparty risk, whilst enabling ABN Australia’s clients to transact across currencies effortlessly. Ebury’s 99.97 per cent payment success rate also reflects ABN Australia’s mission to support global business operations in the most time and cost-effective way possible, helping global businesses to succeed within the Australian marketplace.
Ebury Mass Payments explained that it supports businesses across a number of sectors, including insurance providers, payroll providers, pension administrators, as well as financial institutions. The fintech has the ability to settle in over 200 countries across over 130 currencies with a geographical footprint spanning 32 global offices. Ebury also revealed that it has transacted over $21billion in the last year.
The company has also received more than 25 international awards in its lifetime, including the Financial Times 1000 Europe’s fastest-growing companies 2020 and The Sunday Times Tech Track 100.
Providing ‘an enhanced and versatile payroll and employer-of-record service’
Owain Walters, global managing director of Ebury Mass Payments, commented: “We are delighted to be working with ABN Australia to provide an enhanced and versatile payroll and employer-of-record service for their global clientele. ABN Australia’s reputation in this sector, alongside our breadth of experience and knowledge of payment solutions, indicates the strength and fruitfulness of this partnership.
“Our global payroll specialists will provide their wide-ranging expertise to support ABN Australia to
achieve the best outcome possible for their clients.”
Aaron Garry, managing director of ABN Australia, also discussed the partnership, and what it means in achieving the company’s goals. Garry said: “We are very excited to be working with Ebury’s Mass Payments division, using their end-to-end international payroll payment solutions to optimise our clients’ international transactions and ensure their needs are met as efficiently as possible. Ebury seemed like the obvious partner for helping us achieve these goals, and we are delighted to be collaborating with them to expand and streamline our services.”