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Focused on powering payroll for a global talent marketplace, Cadana Pay partnered with Peach Payments to implement an automated, real-time Payouts solution. With a single API integration, they now seamlessly disburse bulk funds to talent across South Africa – backed by the speed, reliability, and support their mission requires.
Powering Global Payroll with Unmatched Efficiency
Headquartered in the US and active in 100+ countries, Cadana is redefining the global payroll infrastructure for the modern workforce. The platform makes it simple for businesses to pay contractors and employees worldwide while offering a fully white-label solution that can be rebranded and resold. Beyond powerful technology, Cadana Pay sets itself apart with a true ‘white glove’ service, delivering tailored support that helps businesses of all sizes scale with confidence
Prior to partnering with Peach Payments, Cadana Pay faced challenges with payment legislation and high fees in South Africa. They needed a solution that would streamline their operations, offer real-time clearance, reduce costs, and provide a better experience for their customers.
The Solution: A Unified Payouts Experience with Peach Payments
To address these challenges, Cadana Pay transitioned to Peach Payments for its South African payout solutions. The shift was driven by a need for improved settlement times and more favourable commercial terms.
The integration with Peach Payments’ payouts solution was seamless, taking an engineer only a few days to complete. The responsive support from the Peach Payments team also contributed to a smooth process.
With Peach Payments, Cadana Pay achieved:
- Real-time settlements: The previous settlement times were replaced with near-instant clearance, reducing the time it takes for users to receive funds from days to hours.
- Significant cost reduction: The company realised a 50-55% cost savings on fees.
- Enhanced user experience: The improved turnaround times resulted in an estimated 75% time savings and a much better experience for the end-user.
- Simplified reconciliation: Cadana Pay’s internal systems, integrated via API, handle daily reconciliation, providing the necessary visibility without the need for a separate platform.
“Switching to Peach Payments RTC Payouts has resulted in a 50% reduction in costs. The pricing model is transparent, and we no longer incur hidden fees or deal with costly intermediaries. For a global payroll provider like us, that directly improves margins and allows us to reinvest in growth.”
Fred Gyekye Ofosu, Product Operations Manager
Looking Ahead
Cadana is building on its strong infrastructure that powers global workforces by expanding into new payout corridors in partnership with Peach Payments robust and efficient platform. Through this seamless integration, Cadana Pay is set to strengthen its financial infrastructure even further, enabling the company to stay true to its mission of bridging the gap between global talent and remote work opportunities.
Learn more about the Peach Payments’ Payouts Solution here.<\/p>
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