International Payments are inherently complex. The infrastructure required, the regulations to be met, the technology needed for it all to work… it’s an outstanding technical achievement that we can digitally move money across borders at all.
Payroll payments, however, are another level of complexity.
Governments and national authorities are, quite rightly, very strict on how people are paid within their borders. The regulations required are multiplied, and technical requirements become more stringent.
What’s more, these rules are always changing, and so does how people work.
We sat down with James Peters, Chief Revenue Officer & President at Global Expansion, an Employer of Record (EOR) that operates across the world, to talk how remote working is changing how payroll is delivered, what impacts AI might have on the industry, and why payments are a key enabler for payroll providers to operate internationally.
How remote working is changing global payroll operations
What impact AI may have on the payroll industry
How EORs can deliver payroll payments at a global scale
You can read a full story about how TransferMate has helped Global Expansion deliver payments across the world here.