Deliver drivers provide fast service for restaurant meals, so it’s only fair to give them fast pay. Now, Canada’s big food delivery player, SkipTheDishes, steps to the table. They’re partnering with Stripe’s Instant Payouts and Visa Direct to make faster payments happen.
Gig economy workers as well as the QSR (Quick Service Restaurant) vertical have become sweet spots for real-time payouts. Companies find lower staff turnover while workers get better access to their hard-earned cash.
The following excerpt from a Business Insider article reports more on the topic:
It is more important than ever for workers in the gig economy to have fast and easy access to their wages. In a recent Visa survey of gig workers, 70% said they would work additional shifts for quick money when needed if they could be paid in real-time. Today, Visa announced a new offering with SkipTheDishes, Canada’s most popular food delivery network, to enable real-time funds disbursement to their independently-contracted couriers across Canada.
The new feature, called SkipTheDishes Fast Cash, is facilitated by Stripe’s Instant Payouts product, made available through Stripe’s financial institution partner and powered by Visa Direct, Visa’s real-time push payments platform, and is now live and available to tens of thousands of SkipTheDishes couriers across Canada.
“Visa Direct’s real-time funds disbursement capability allows funds to be available to individuals in minutes – including nights, weekends, and holidays – providing flexibility and choice for gig workers to access their earnings,” said Brian Weiner, Vice President & Head of Product, Visa Canada. “Faster access to money is critical during this time, and Visa Direct is uniquely positioned to help companies like SkipTheDishes provide this unique offering.”
Overview by Raymond Pucci, Director, Merchant Services at Mercator Advisory Group
