Kakitangan.com, Malaysia’s leading Cloud HR software provider, has partnered with Merchantrade, the country’s largest Money Services Business (MSB) operator and a digital payments leader, to enhance payroll services for migrant workers in Malaysia.
Leveraging Merchantrade’s approval as a Designated Payment Instrument (DPI) issuer by the Ministry of Human Resources, this collaboration enables employers to pay salaries securely through Merchantrade’s e-wallet platform, Merchantrade Money.
Kakitangan.com’s expertise in payroll automation supports seamless integration for efficient, compliant salary crediting.
Key benefits:
- Improved Employee Satisfaction: Migrant workers gain secure access to e-wallets, enhancing financial inclusion and satisfaction.
- Streamlined Payroll & HR Operations: Kakitangan.com’s cloud-based platform simplifies payroll, saving businesses time and resources.
- Enhanced Compliance: Automated payroll processes help employers meet statutory requirements efficiently.
Targeting businesses in remote locations, such as estates and outskirt factories, Kakitangan.com aims to support over 1,000 companies in digitalising HR operations to empower employees wherever they are.
Effon Khoo, founder and CEO of Kakitangan.com, said, “This partnership with Merchantrade aligns with our mission to simplify payroll for businesses and bring reliable financial services to migrant workers.”
Ramasamy K. Veeran, founder and managing director of Merchantrade, added, “Our Merchantrade Money e-wallet, powered by Visa, allows migrant workers to receive wages securely, make cashless payments, and withdraw cash from ATMs. Together with Kakitangan.com, we’re advancing financial inclusion for migrant communities and transforming wage payments.”
This partnership also provides statutory bodies with valuable data to better understand the needs of migrant workers, enabling more targeted support programmes.
