Per diem payouts
Enable real-time per-diem payouts, reducing employee out-of-pocket costs and business admin.
Problem:
On a construction site, crew members often incur same-day expenses for travel, meals or supplies. Per-diem amounts are typically repaid later through standard payroll cycles. Workers are left covering costs out of pocket, while the construction business takes on added administrative effort to track, reconcile and reimburse expenses at the end of the job.
Solution:
The Real-Time Rail allows per-diem payouts to be issued before the crew leaves the jobsite. Real-time delivery removes the need for workers to carry costs and reduces reimbursement steps for the construction business.
What this unlocks for you:
Real-time operational payouts anchor critical business cash flows within your institution
Note: As the RTR matures, more payment types and fintechs are expected to introduce real-time capabilities. This use case library highlights potential near- and longer-term opportunities. At launch, most payments are expected to continue using batch processes.