tasThis mobile phone banking service also enables rural banks to provide payroll services to their own staff as well as support payroll services for local companies. This minimizes the risk and cost of handling large amounts of cash, preparing checks, and managing payroll servicing. With Text-A-Sweldo, rural banks can provide payroll services quickly and efficiently using the online WIRE service of Globe Telecom to upload payroll files and transmit employees’ salaries directly to their mobile phone wallets allowing employees to pay bills, transfer money to their account, transfer funds to another person, buy goods and services from G-Cash-enabled merchants, or convert electronic cash to airtime load.

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