Thursday, April 17, 2025

Branch Rolls Out New Fee-Free Paycard to Modernize Workforce Payments

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Branch, a leading platform for workforce payments, has unveiled a new paycard built to address the evolving needs of both employers and employees in an increasingly digital economy. Designed to eliminate fees and reduce administrative complexity, the Branch Paycard offers a full-service, modern solution for employers looking to streamline payroll while giving employees faster, more flexible access to their earnings.

The new paycard provides employees with immediate access to their wages—without the typical fees associated with traditional paycards. With rising demand for flexible payment solutions and the continued growth of gig and hourly work, Branch’s latest product helps workers take control of their finances in real-time, boosting financial wellness and job satisfaction.

“We’re dedicated to providing businesses and workers with the tools they need to succeed in a rapidly evolving economy,” said Atif Siddiqi, founder and CEO of Branch. “Our new paycard not only provides businesses with a comprehensive solution for paying their entire workforce, but also helps deliver a mobile-first, accessible experience for workers that traditional paycards lack.”

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For employers, the Branch Paycard reduces administrative burdens with seamless onboarding and distribution processes. This ease of implementation is particularly valuable for companies with large or distributed workforces, where paper checks and legacy systems often result in inefficiencies, delayed payments, and increased costs.

The paycard is the latest addition to Branch’s growing suite of workforce-focused financial tools, which also includes earned wage access (EWA), digital wallets, and instant payment capabilities. Together, these offerings reflect the company’s mission to empower workers with greater financial freedom and support organizations in building more adaptive and inclusive payroll systems.

By removing the common barriers associated with traditional paycards—such as fees, delays, and complicated sign-up processes—Branch is not only modernizing how businesses pay their teams but also setting a new standard for workforce financial solutions.

With the launch of its fee-free paycard, Branch reinforces its commitment to transforming payroll and putting more control into the hands of workers, one paycheck at a time.

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