[UK] Revolut launches Payroll for salaries

Europe-based digital bank Revolut has announced the launch of its new service, Payroll, designed to help companies make easy payments to their employees, The Paypers reports.

The service is designed to be hassle-free and make payments easier, in just a few clicks, rather than a time-consuming labour intensive process. 

Payroll reportedly allows companies to make salary calculations, taxes, pay runs, pensions, and more so that each employee receives the right amount of money in their Revolut account, regardless of their status and contract particularities. 

Revolut made Payroll a simple process and the app will guide clients through each step of the process, from uploading critical payment-specific information to scheduling the payments according to contracts.

The service is currently available for UK residents only and Payroll is charged a set rate per active team member per month.

Europe-based digital bank Revolut has announced the launch of its new service, Payroll, designed to help companies make easy payments to their employees, The Paypers reports.

The service is designed to be hassle-free and make payments easier, in just a few clicks, rather than a time-consuming labour intensive process. 

Payroll reportedly allows companies to make salary calculations, taxes, pay runs, pensions, and more so that each employee receives the right amount of money in their Revolut account, regardless of their status and contract particularities. 

Revolut made Payroll a simple process and the app will guide clients through each step of the process, from uploading critical payment-specific information to scheduling the payments according to contracts.

The service is currently available for UK residents only and Payroll is charged a set rate per active team member per month.