The solution simplifies international contractor payments while ensuring compliance with tax and labor regulations.
-- Rise continues the expansion of its payroll platform in a continued effort to help simplify workforce payments for businesses with international teams. The system supports traditional and digital currencies, including stablecoin payroll options, and automates compliance with tax and labor laws across multiple jurisdictions.
The platform allows companies to pay remote employees and freelancers in over 190 countries, offering fiat and crypto payroll capabilities to accommodate different payment preferences. Employers can fund payroll in U.S. dollars or stablecoins, while workers can withdraw earnings in their chosen currency. By integrating compliance automation, the system helps businesses manage tax filings, documentation, and exchange rate fluctuations, reducing administrative complexity.
“Companies operating globally need payroll solutions that eliminate the complexity of cross-border payments,” a company spokesperson said. “Our platform enables businesses to pay employees and contractors in their preferred currency—whether traditional or digital—while managing compliance, tax documentation, and exchange rate fluctuations.”
Rise also functions as an employer of record, helping companies hire full-time employees in new markets without establishing a local entity. The service manages tax compliance, benefits administration, and legal requirements, allowing businesses to expand internationally while mitigating regulatory risks. The payroll system includes automated onboarding, requiring workers to complete Know Your Customer and identity verification processes before receiving payments. It also integrates with accounting platforms such as QuickBooks and Xero to streamline financial reporting.
As businesses expand across borders, the demand for flexible payroll systems has grown. Traditional banking methods often involve high transaction fees, currency conversion challenges, and payment delays, making it difficult for companies to efficiently compensate international teams. Rise addresses these challenges by offering a hybrid approach that blends traditional and digital payment options.
“Global payroll has evolved beyond traditional bank transfers,” the spokesperson said. “By providing instant crypto payroll and stablecoin payroll options, we help businesses avoid costly delays and ensure workers are paid securely, regardless of location.”
The company has bolstered efforts as part of its bid to become the best payroll for small businesses and enterprises looking to scale while ensuring compliance with regulatory frameworks worldwide. Its system is designed to support businesses of all sizes in managing workforce payments efficiently while reducing costs associated with international transactions.
About Rise
Rise is a global payroll provider specializing in workforce payments through hybrid payroll solutions. The platform enables businesses to pay freelancers, remote workers, and full-time employees in fiat and cryptocurrency while ensuring compliance with international tax regulations. Rise supports seamless cross-border payments, tax automation, and integration with leading accounting systems, offering a streamlined payroll experience for businesses worldwide.
For more information, visit www.riseworks.io.
Contact Info:
Name: Hugo Finklestein
Email: Send Email
Organization: Rise
Website: https://www.riseworks.io
Release ID: 89155905
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