Galileo rolls out fast debit card payments for gig workers
Galileo is rolling out a payment technology for gig economy, fintech, e-commerce and other companies that pay contract workers called Galileo Instant.
The service allows companies to create instant debit card payment programs within about 14 days.
"In time and dollars, the barriers to entry in digital payments have been prohibitively high, even as the need for solutions has grown," Clay Wilkes, managing director of Galileo Instant, said in a company release. "Fast growing companies — like streaming and gig platforms for example — need to pay their content creators and gig workers quickly and easily, but there hasn't been an easy way to do that."
The technology entered beta in November 2019 and now has more than 100 companies lined up to use the service.