Workmax uses wallets to pay your employees. A wallet is a virtual account whose sole purpose is to act as an intermediary where companies transfer the pay-run bill. Virtual accounts allow easy distribution of funds to employees’ accounts.
- Sign in as Workmax
- Click the “My Account” icon.
- Navigate to the “Payroll & payment” section.
- Click the “Add wallet” button.
Workmax will create a virtual wallet linked to your account.
Wallets will have.
- Wallet ID
- Account number
- Sort code
- BIC
- IBAN
- Balance