Papaya and Tech Mahindra: Modernising Cross-Border Payments

Global workforce management is undergoing a significant shift as enterprises move away from fragmented legacy systems.

In a move to address the complexities of international payroll and regulatory compliance, financial services platform Papaya Global has announced a strategic alliance with Tech Mahindra.

The partnership combines Papaya Global’s specialised workforce and payments platform with Tech Mahindra’s extensive experience in technology consulting and digital integration. 

By aligning these capabilities, the two firms intend to help organisations scale their payment infrastructure while maintaining strict adherence to local regulations across diverse jurisdictions.

Eliminating payroll fragmentation

As companies expand their international footprint, the management of diverse workforce structures – encompassing both full-time employees and contingent workers – often becomes a logistical bottleneck. 

Traditional payroll processes frequently suffer from a lack of transparency and a reliance on manual intervention, which increases the risk of error.

The alliance is designed to create a more unified operating model.

By integrating Papaya’s platform with Tech Mahindra’s automation and managed services, enterprises can reduce the number of vendors and systems involved in their global operations. 

This consolidated approach allows for better operational control and faster execution across different geographies.

Eynat Guez, CEO and Co-Founder of Papaya Global, explains the necessity of this shift towards digitisation.

“Enterprises need a modern approach to managing and paying global workforces – one that reduces fragmentation, improves compliance and enables operational agility," she says.

”By partnering with Tech Mahindra, we’re extending the reach of Papaya’s platform through a proven transformation and delivery partner, helping organisations improve payroll and payments execution across geographies and worker types.”

Modernising cross-border payments

A core component of the partnership is the improvement of cross-border payment flows.

Handling payments for a global workforce involves navigating various currencies and banking regulations, which can often lead to delays or high transaction costs.

Through this collaboration, the two organisations will support enterprises in modernising their payroll payments. This includes enabling seamless transfers to employees, vendors and contingent workers alike. 

By automating onboarding and operational workflows, the partnership aims to enhance visibility and reporting, ultimately reducing exceptions and supporting better auditability.

Harshul Asnani, President and Head of Tech Mahindra's Europe Business, says: “In today’s global landscape, complex workforce operations, such as payroll, payments and compliance, are often hampered by fragmented systems and manual processes, increasing risk and limiting visibility.

“Tech Mahindra’s strategic alliance with Papaya Global will help enterprises simplify global workforce operations, enable compliant cross-border payments and drive greater operational control. 

“The partnership strengthens both organisations’ ability to deliver end-to-end, scalable workforce transformation solutions, reinforcing their role as a trusted partner helping global organisations operate with agility, confidence and consistency."

Beyond the immediate technical integration, the alliance focuses on strengthening governance through standardised controls.

By utilising Papaya’s platform, Tech Mahindra can offer its clients a more robust framework for managing regulatory compliance at scale.

The partnership ensures that as a business grows, its workforce operations can scale without a proportional increase in administrative burden or compliance risk. 

The focus remains on delivering a consistent experience for workers regardless of their location or contract type.