Reduce the cost of turnover, boost productivity, and provide meaningful support to your workforce — with benefits your team will actually want to use.
Get started with PaloloLog in to your payroll provider from Palolo to connect within minutes.
Use our out-of-the-box Perks, or customize to your heart's content. Our team will walk you through it.
We'll put together a custom rollout plan with you, and be on hand for any employee questions.
You just gave your team financial peace of mind, and yourself more time to focus on your business.
Palolo is not a bank. We partner with FDIC-insured banks to issue special accounts for employees who use Palolo. These accounts are only meant to hold funds for a short amount of time while routing to an individual's existing bank account(s).
You should expect little to no change to existing HR, accounting, or administrative processes. When first integrating Palolo, we partner with you to set up your benefits, import employee information, and plan rollout communications.
When employees sign up with Palolo—depending on your payroll system and how employees choose to connect their paycheck—you may need to approve changes in payroll or update their settings directly. Otherwise, we'll handle all onboarding support and user support so you can truly "set it and forget it."
We've built our lending parameters carefully to ensure we are offering realistic options to employees. When evaluating an application, we consider the applicant's paycheck data, banking history, and tenure to evaluate an individual’s overall creditworthiness before approving or rejecting their application. Access to this data is authorized by the employee when they sign up with Palolo.
Since we do not charge interest, we are highly motivated to ensure responsible lending. And by encouraging reasonable borrowing amounts and timelines, employees face fewer risks and financial stress.
When it comes to My Pay, advances, and any other transactions in our app, Palolo takes full responsibility for communicating all terms and conditions to employees, providing direct support, and handling delinquent payments.
We don't believe in extra fees or interest. We charge a flat $6 per month per active user, that's it. We'd love to discuss our pricing plan and how to strengthen your bottom line—just get in touch!