Switch provides banks with the Cash@Salary service, which allows bank customers to withdraw a portion of their available salary before the official payday. This is done through the Switch agent network and Point of Sale (POS) devices. The service enables banks to offer a flexible financial solution by verifying the customer’s eligibility and available balance directly through the device, after which the transaction is completed once the customer confirms it using their card and PIN (Personal Identification Number).
The Cash@Salary service helps banks expand their financial services and enhance the customer experience by providing faster access to liquidity when needed, while ensuring secure transactions through the integrated Switch network. It also contributes to increasing the use of payment cards and promoting the adoption of digital financial services through a wide network of service points across different regions.
