GigSafe taps US bank to give delivery drivers instant payments


Companies that use GigSafeBuilt specifically for regulated delivery and logistics operators, our compliance and payments platform can make payments within the platform.

This capability is enabled by GigSafe certification for Bank of the United States‘s Integrated payment solutionswhich allows payments to be made seamlessly within the company’s existing platform, US Bank said on Tuesday (June 23). press release.

Industries using the company’s platform include medical courier, pharmaceutical and clinical trial transportation, according to the statement.

One feature offered by the new integration is payment-to-card functionality, which will allow GigSafe customers to deliver payments directly to eligible drivers’ cards, according to the release.

“The companies we serve operate in regulated, high-risk environments where contractor compliance isn’t optional – and payments aren’t reliable either,” CEO and Founder of GigSafe David Pickrell he said in the release. “Working with U.S. Bank allows us to close the loop: we manage compliance, they provide the banking infrastructure, and our customers benefit from one platform that does it all.”

PYMNTS Intelligence ReportFinTech companies are leveraging embedded payments to deepen customer relationships“I found that most fintech companies say that blended finance improves customer experience and trust, helps reduce volatility and helps increase revenue.

GigSafe will use a US Bank FBO account structure that enables businesses to scale instant payment programs without directly managing funds, according to the company’s press release.

U.S. Bank’s embedded payment solutions support a wide range of payment types, including instant payments, while allowing businesses to retain ownership of the end-user experience, according to the release.

“For today’s delivery workforce, immediate pay is an expectation.” Joe’s voiceUS Bank’s head of embedded payments said in the statement. “By integrating instant pay capabilities directly into the GigSafe platform, we help delivery companies pay drivers immediately after work is completed, while maintaining the security, compliance and financial controls that come with a bank-led solution.”

PYMNTS Intelligence ReportInstant Payments: A strategic tool for vendor relationships and urgent transactions“I have found that adopting instant payments can be a critical tool for enhancing operational efficiency and vendor retention.

U.S. Bank announced in June 2025 that it had expanded its portfolio of… Embedded payment Solutions including FBO solution for businesses to move funds on behalf of their clients.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *