Earnipay has announced the launch of a suite of new features designed to help businesses optimize cash flow and scale their operations. These enhancements include business credit solutions, high-yield business accounts, sub-accounts, new and improved payment processing features, and more, all accessible through one dashboard.

Empowering Businesses with Comprehensive Financial Tools

The new features aim to address the common financial challenges faced by businesses, particularly small and medium-sized enterprises (SMEs) in Nigeria. By offering a comprehensive ecosystem of financial tools, Earnipay is positioning itself as an essential partner for businesses looking to streamline operations and drive growth.

“Our mission is to empower businesses with the financial tools they need to succeed,” says Nonso Onwuzulike, CEO at Earnipay. “With our new features, we’re providing businesses with a powerful platform to manage their finances and everything they need to run and grow their businesses more efficiently and effectively.”

Business Credit: Tailored Financing for Growth

One of the standout features is Earnipay’s business credit solutions. These are designed to offer flexible, customized financing options that cater to the specific needs of each business. Whether a company needs to bridge cash flow gaps or invest in growth initiatives, Earnipay’s credit solutions provide the necessary support.

“We understand that every business has unique financial needs,” explains Nonso Onwuzulike,“Our business credit solutions are tailored to meet these needs, ensuring that businesses have access to the funds they need when they need them.”

High-Yield Business Accounts: Maximizing Returns on Idle Funds

In addition to credit solutions, Earnipay has introduced high-yield business accounts. These accounts offer market-leading interest rates, allowing businesses to earn substantial returns on their idle funds. With the ability to create sub-accounts, businesses can further optimize their financial management and enhance daily returns.

Sub-Accounts: Enhanced Financial Organization

Earnipay’s platform now supports sub-accounts, giving businesses the flexibility to organize their finances more efficiently. Sub-accounts allow businesses to allocate funds for specific purposes, track expenses, and manage budgets effectively.

“Our sub-accounts feature helps businesses manage their finances with precision, enabling better tracking and allocation of funds,” adds Onwuzulike. “This feature is particularly useful for businesses with multiple stores, outlets, projects or departments.”

Improvements to Existing Offerings

• Seamless Payment Processing – Streamlining Transactions: The new and improved payment processing features enable businesses to make and receive payments with ease. The platform supports single, multiple, and bulk payments, allowing businesses to settle vendor invoices and handle operational expenses efficiently. This streamlined process ensures that businesses can focus on their core activities without being bogged down by administrative tasks.
• Improved Payroll Management – Transparent and Configurable: Payroll management is another critical area that Earnipay has addressed with its new updates. The payroll management tools have been upgraded to offer more features and configurability. It boasts advanced tools with transparent, usage-based pricing and zero monthly platform fees. Businesses can automate their payroll processes, ensuring timely and accurate payments to employees while benefiting from a highly configurable and efficient system.
• On-Demand Pay – Unlocking Growth Without the Price Tag: While not a new feature, Earnipay’s On-Demand Pay has been enhanced to provide a smoother enrolment process and an even better user experience. This feature allows employees to access their earned salaries whenever they need it, at zero cost to the employer unlocking a motivated and productive workforce.

Comprehensive Support and Guidance

Beyond the new and improved features, Earnipay offers continued guidance and hands-on support to help businesses maximize their funds and cash flow. The platform provides resources to guide businesses toward success and scale, along with other benefits designed to help businesses thrive in today’s competitive landscape.

“We’re committed to being more than just a financial services provider,” concludes Onwuzulike. “We aim to be a trusted partner that supports businesses at every stage of their journey.”

Earnipay is set to transform the way Nigerian businesses manage their finances, ensuring they have the tools they need to grow and succeed. For more information about how Earnipay can support your business, visit www.earnipay.com or Email business@earnipay.com for further inquiries. To sign up for access and apply for credit, visit business.earnipay.com to sign up in minutes. 

About Earnipay

Earnipay simplifies business operations with a single dashboard for payments, high-yield accounts, access to credit, payroll processing with loans, and earned wage access for employees. The platform is tailored to address the unique challenges faced by businesses in Nigeria, providing comprehensive financial solutions that enable businesses to thrive in today’s competitive landscape.

With a platform for business employees and salary earners as well, individuals can achieve their financial goals with instant access to their earned salary, personalised loans, healthy interest rates on savings, and simplified bill payments with exclusive rewards and cashback for using the Earnipay app.