BNZ and PaySauce join forces to cut out payday lenders

BNZ and PaySauce join forces to cut out payday lenders
PaySauce chief executive and co-founder Asantha Wijeyeratne.
Jenny Ruth
PaySauce and the Bank of New Zealand are teaming up to allow workers to access their wages before payday without using predatory payday lenders.The service will be available interest-free to those who work for employers using PaySauce's software to manage their payroll, regardless of whether they or their employers are also BNZ customers.PaySauce chief executive and co-founder Asantha Wijeyeratne said his company had previously offered its customers the option of allowing their employees to access their pay ahead of payday, but employers ha...

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