FAQ

What is SalaryFits?

Salaryfits is a platform that empowers the individual on its financial life through enhanced use of his salary. In order to do so, we integrate Financial Institutions to Individuals through their payroll, improving the conditions of the marketplace and creating a win win scenario for all those involved.

Why is it better for everyone?

It is clear that access to financial products, as well as significant part of their prices are related to two elements: (i) access to information, and ways of effectively determining one’s credit score; and (ii) reliability of the transaction.

With Salaryfits, we offer a sustainable solution to approach both issues.

The individual will have a secure and reliable channel to provide his information, and will also attest the payment through direct salary deductions.

This will enable the financial institutions to have a better assessment about their ability to consume, and they will be able to offer better, tailormade, products to those individuals.

What is the company’s (employer) role in this transaction?

The Company is actually acting as a channel to make these transactions feasible. By allowing the integration with the payroll system, it will actually enable its employees to demand those tailor made financial products.

The Company, in this sense, will be contributing to the financial health of their employees, and offering them access to benefits that they wouldn’t otherwise have.

Is the company (employer) a sponsor of the debits?

No, the Company is neither providing the credit itself, nor sponsoring it before the financial institution.

Its only role in this will be to promote the salary deduction, on behalf of the individual that demanded the product or service, and remit it to the correspondent financial institution.

Is it time consuming for the company?

No, the system has been developed in order to make this process very fast and effective, with little effort needed from the company’s perspective.

Is the employee obliged to pay through salary deduction?

Of course not. This is only an option that will be available through the platform; the individual may still choose the best credit line according to his/her own needs.

Is this platform promoting debts acquisition?

No, Salaryfits’ objectives are to promote inclusion and to enhance the financial life of its users.

We will always work to provide better and sustainable products to our users.

Moreover, we will always work with all parties involved in the transactions to make sure that credit is offered only in terms that they are fair and affordable to the users.

How can my company be part of this platform?

It is very easy. Just drop us a message with the contacts of the responsible person of your Company and we will take it from there.

Any financial institution can be part of the platform?

Yes, as long as it you are a duly licensed institution, we will be happy to work with you!

Any additional question? Just contact us! We will be happy to come back to you.

FAQ

What is Salaryfits?

Salaryfits is a platform that empowers the individual on its financial life through enhanced use of his salary. In order to do so, we integrate Financial Institutions to Individuals through their payroll, improving the conditions of the marketplace and creating a win win scenario for all those involved.

Why is it better for everyone?

It is clear that access to financial products, as well as significant part of their prices are related to two elements: (i) access to information, and ways of effectively determining one’s credit score; and (ii) reliability of the transaction.

With Salaryfits, we offer a sustainable solution to approach both issues.

The individual will have a secure and reliable channel to provide his information, and will also attest the payment through direct salary deductions.

This will enable the financial institutions to have a better assessment about their ability to consume, and they will be able to offer better, tailormade, products to those individuals.

What is the Company’s (employer) role in this transaction?

The Company is actually acting as a channel to make these transactions feasible. By allowing the integration with the payroll system, it will actually enable its employees to demand those tailor made financial products.

The Company, in this sense, will be contributing to the financial health of their employees, and offering them access to benefits that they wouldn’t otherwise have.

Is the Company (employer) a sponsor of the debits?

No, the Company is neither providing the credit itself, nor sponsoring it before the financial institution.

Its only role in this will be to promote the salary deduction, on behalf of the individual that demanded the product or service, and remit it to the correspondent financial institution.

Is it time consuming for the company?

No, the system has been developed in order to make this process very fast and effective, with little effort needed from the company’s perspective.

Is the employee obliged to pay through salary deduction?

Of course not. This is only an option that will be available through the platform; the individual may still choose the best credit line according to his/her own needs.

Is this platform promoting debts acquisition?

No, Salaryfits’ objectives are to promote inclusion and to enhance the financial life of its users.

We will always work to provide better and sustainable products to our users.

Moreover, we will always work with all parties involved in the transactions to make sure that credit is offered only in terms that they are fair and affordable to the users.

How can my Company be part of this platform?

It is very easy. Just drop us a message with the contacts of the responsible person of your Company and we will take it from there.

Any financial institution can be part of the platform?

Yes, as long as it you are a duly licensed institution, we will be happy to work with you!

Any additional question? Just contact us! We will be happy to come back to you.