Why Palolo?

Benefits with an impact

We partner directly with employers who want to do right by their employees, offering a comprehensive suite of benefits for people at every stage of their financial journey.
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Proven to strengthen your business

57% of employees say finances are their top cause of stress. Those who are not stressed about their finances consistently report feeling more productive at work, less distracted, and less likely to leave.
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Insights anytime, anywhere

Keep track of your benefits with Palolo HQ, a lightweight tool for employers accessible on desktop or mobile.
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Fully compliant and secure

Palolo uses industry-standard encryption and data storage. Our bank partners are SOC-2 compliant and FDIC-insured.
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Seamless integration

Palolo disburses funds and collects repayment from participating employees' paychecks. Everything's handled post-payroll, no changes or accounting work required
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Personalized support

We'll partner with you to create a customized rollout plan. Plus, our team is always just a chat, email, or phone call away. Let us handle employee support so you can focus on running your business.
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Works with your payroll system

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Setup as easy as 1-2-3

01

Connect payroll

Log in to your payroll provider from Palolo to connect within minutes.

02

Pick your Perks

Use our out-of-the-box Perks, or customize to your heart's content. Our team will walk you through it.

03

Invite your employees

We'll put together a custom rollout plan with you, and be on hand for any employee questions.

Keep crushing it

You just gave your team financial peace of mind, and yourself more time to focus on your business.

How businesses are making an impact with Palolo

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Great Clips streamlines and elevates financial support solutions

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Small businesses in Reno retain talent with financial benefits

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Webb Medical builds a culture of trust by alleviating financial stress

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Is Palolo a bank?

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).

How does Palolo affect my payroll and accounting?

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."

How do you determine how much an employee can borrow?

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.

Am I liable for my employees' payments to Palolo?

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.

How does Palolo make money?

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!

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