Cashless payment solutions for the agricultural industry

Addressing wage payment challenges in agriculture

Farms and agribusinesses face unique challenges when it comes to wage payments and expense management. One of the most pressing concerns is ensuring timely and secure wage disbursement to seasonal workers, many of whom are unbanked or underbanked. Traditional cash-based payment methods introduce risks such as:

• Theft and loss: Carrying and distributing large sums of cash puts both employers and workers at risk.
• Administrative burden: Counting, manually recording, and handing out cash payments takes time and increases the chance of errors.
• Lack of financial transparency: Tracking cash payments and managing payroll records can be tedious and inefficient.

At PayCentral, we connect you to a payment solution that is tailored to the needs of the agricultural industry. Our reloadable Mastercard cards allow agribusinesses to securely distribute wages while eliminating the risks associated with handling cash.

How PayCentral’s payment solutions benefit the agricultural sector

Our payment solutions are designed to bring efficiency, security, and convenience to agricultural businesses.

Secure and instant wage disbursement

Our reloadable Mastercard cards allow agricultural employers to pay workers directly without the need for cash withdrawals. This ensures that seasonal employees receive their wages on time, every time.

Key benefits:

• Funds are loaded onto cards through our easy-to-use self-service platform from any location.
• Eliminates the need for cash handling, improving security of both agribusinesses and workers.
• Payments are made digitally, reducing administrative workload.
• Workers can use their cards at any retailer card machine that accepts Mastercard.

Improved financial control and transparency

Using our digital payment solution enables farm managers to track and control wage disbursement effectively. With our self-service platform, employers can:

• View and download financial reports for payment tracking.
• Instantly deactivate or block lost or stolen cards.
• Update cardholder details as seasonal workers rotate in and out of employment.
• Change card PINs if lost or forgotten.

Greater security for farm workers

Carrying cash leaves workers vulnerable to theft. By using PayCentral cards, workers can safely access their wages without the risks associated with cash payments. They can use their cards to purchase goods, withdraw money when necessary, and manage their finances with confidence.

How agribusiness can fully benefit from PayCentral’s solutions

Our payment solutions cater to a variety of financial needs within the agricultural industry.

Wage payments for seasonal and permanent workers

Managing wages for both seasonal and permanent employees is streamlined with our CashCentral cards. Employers can load wages directly onto each worker’s card, ensuring quick and secure payment processing.

Petty cash and business expenses

PayCentral cards help agribusinesses manage everyday expenses without relying on physical cash. Farm managers can assign specific cards for purchasing tools and equipment or covering emergency supply costs.

By digitising petty cash management, businesses can monitor spending in real time, track expenses, and ensure financial compliance.

Fuel purchases with FuelCentral cards

Fuel is a significant operational expense in agriculture. Our FuelCentral card is a dedicated payment solution that can only be used exclusively at fuel stations. This ensures that fuel budgets are managed efficiently while preventing unauthorised spending. The card can be used for:

• Farm vehicles and tractors.
• Irrigation and harvesting machinery.
• Generators and logistics-related fuel needs.

Which agribusinesses can use PayCentral’s solutions?

Our card-based payment solutions are versatile and can be implemented across various types of agricultural enterprises, including:

• Small-scale farms
• Commercial farms
• Livestock and dairy farms
• Plantations and orchards
• Agri-cooperatives

Why choose PayCentral for your agricultural business?

• Easy-to-use self-service platform: Load funds, track expenses, and manage wage payments and expenses seamlessly.
• Secure transactions: Reduce cash handling risks for both employers and workers.
• Instant wage disbursement: Ensure timely payments for seasonal and permanent workers.
• Expense management: Manage and monitor business expenses effortlessly.
• Dedicated fuel card: Control fuel costs and prevent unauthorised spending.

By implementing PayCentral’s card-based solutions, agricultural businesses can enhance efficiency, strengthen financial security, and improve wage payment disbursement for both seasonal and permanent workers. Whether you are managing a small farm or a large-scale agricultural operation, our secure and scalable payment system ensures that wages and expenses are handled smoothly every season.

But, don’t take our word for it. Here’s what our clients have said:

Testimonial from Jackie Bond, Buitenverwacht Farm

The Buitenverwacht Farm team chose our solutions to assist them in creating a cashless office. Our card management platform and transactional card products assisted them in handling their petty cash expenses and enabled them to pay the salaries and wages of their unbanked workers safely and efficiently.

“The PayCentral system gives our farm business the ease of running our own payroll system for unbanked workers. This benefits ourselves and our workers in running a cashless farm office.”

Testimonial from Stella Vuuren, Green Grace Farms

Green Grace Farms needed a secure, card-based payment solution for their workers. However, traditional banking methods presented challenges, including limited control over the cards. Simple tasks like PIN resets became tedious and time-consuming. To overcome these hurdles, they turned to PayCentral. With PayCentral’s solutions, they gained full control and visibility over wage payments while also managing PIN resets independently.

“It makes it a lot easier and it saves us time paying wages this way. It’s secure and safer for the workers than paying them in cash.”

Read more about how we have assisted Green Grace Farms with our alternative payment solutions here.

At PayCentral, we connect your agribusiness to more security, efficiency and convenience with our payment solutions.

To learn more about how PayCentral’s solutions assist agribusinesses, tune into this Food For Mzanzi Podcast episode.