Private Corporate Use
Cross-border payments are a lifeline in LATAM, but for businesses that provide them, they are also one of the hardest services to deliver profitably. The pain points are well known:
The pain points are clear
- Slow payroll cycles: Bank-based salary disbursements can take days, especially cross-border, leaving employees waiting.
- High costs: Multiple intermediaries add transaction fees to every payout.
- Limited control: Companies can’t easily launch corporate cards without bank partnerships, which slows adoption.
- Fragmented systems: Separate tools for payroll, expenses, and rewards increase operational overhead.
- Exclusion risks: Contractors or gig workers without bank accounts face delays or need to rely on costly cash-out options.
- Low flexibility: Employers can’t easily reward staff with perks, bonuses, or ecosystem-specific credits.
The NAKA Solution
With NAKA, companies can launch their own branded, (self)custodial NAKA+ Visa Platinum payment cards for employees, contractors, and ecosystem partners. Businesses choose the tokenized asset they want to distribute and load funds instantly.
Employees receive immediate access to their balance, which can be spent at over 150 million merchants worldwide, withdrawn in cash, or used inside the corporate ecosystem. Cards can also support perks and loyalty rewards, creating a closed-loop system that strengthens culture and retention.
Business Impact
- Instant payouts: Salaries, bonuses, and reimbursements arrive in seconds, not days.
- Lower costs: Eliminate intermediaries and reduce payroll and expense processing fees.
- Greater control: Issue and manage corporate cards without relying on banks.
- Unified system: One card for salaries, expenses, and rewards simplifies operations.
- Inclusive access: Employees and contractors don’t need bank accounts to receive payments.
- Culture & loyalty: Custom perks, rewards, and ecosystem credits strengthen retention and brand identity.