Santander Partners with CloudPay to Provide SMEs with Earned Wage Access for Employees
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Santander Partners with CloudPay to Provide SMEs with Earned Wage Access for Employees

Payroll firm CloudPay has partnered with Banco Santander to provide employees of the bank’s SME and corporate clients in Spain with real-time access to their earned wages.

A recent survey by CloudPay reveals that 44% of employees believe having on-demand access to their pay would enhance their loyalty to their employer. With the CloudPay Now service, employees of Banco Santander’s SMEs and companies can access their earned wages anytime and from anywhere, promoting financial flexibility and wellness.

Alberto Fernández Tomé, head of new revenue streams and partnerships at Santander, stated, “This partnership enables us to equip businesses of all sizes with the tools to attract and retain talent while fostering a positive and financially empowered workplace culture.”