Managing payroll for a global team comes with unique challenges, especially when you're paying international employees or contractors in South Africa. Currency conversions, banking delays, and compliance can quickly complicate the process. That’s where we come in.

At FiveWest, we provide seamless payroll services for international businesses, making it easy to pay your South African talent. Whether you're an HR executive, finance lead, or payroll administrator, our end-to-end solution ensures smooth, compliant payments – every time.

International Payroll: Simplified

We collect funds from your organisation in either Stablecoins (like USDT or USDC) or your local currency (USD, EUR, GBP, etc.). We will convert the foreign currency via trusted global partners and then pay your South African staff in ZAR.

This means you don’t have to worry about exchange rates, international banking red tape, or major logistics as we handle it all for you.

How the Collection and Payout Process Works

Here’s how we streamline the process from start to finish:

1. Collection in Your Local Currency or Cryptocurrency: we utilise the blockchain to receive crypto payments from international businesses. This eliminates the need for costly and time-consuming international wire transfers. Alternatively we work with established payment partners across the globe to collect payroll funds in your organisation’s local currency, which are converted to stablecoins, a type of cryptocurrency – learn about the differentiation on this blog post: https://fivewest.co.za/resources/cryptocurrencies-vs-stablecoins.
2. Conversion to ZAR or Crypto: if foreign fiat funds are collected, we securely convert them into South African Rands. If payment is requested in crypto, FiveWest will send the funds in a cryptocurrency of the employee’s choice into their FiveWest wallet.
3. Payout to South African Staff: payments are then made directly to your South African employees or contractors' local bank accounts. The process is automated and fully secure.

This is an ideal solution for international companies looking to expand their team in South Africa or support remote work arrangements while remaining compliant and without building a full legal entity locally.

Why Crypto Salary Payments?

Offering crypto salary payments to your team in South Africa is a strategic advantage:

• Faster cross-border payments

• Reduced transaction costs due to competitive rates

• Flexible compensation structures

However, it's important to note that crypto payments are taxed in South Africa, and anyone receiving a salary payment in crypto must declare it to SARS (South African Revenue Services). FiveWest facilitate compliance for your team on the receiving end.

Benefits for Your Organisation

• No need to navigate South African banking or tax systems

• One trusted partner handling both fiat and crypto payouts

• Reliable rate execution and payment timing

• Fully scalable for teams of all sizes

• Support for compliance and income declarations on the employee side

With our support, paying international employees with crypto becomes a simple, seamless experience for your team, while you remain focused on growing your global business.

Let’s Make Payroll Work Globally

At FiveWest, we bridge the gap between international employers and South African professionals. Whether you’re paying one contractor or an entire department, we handle the logistics, compliance, and payout process from end to end.

Contact us today to learn more about our payroll services for international businesses, and discover how easy it is to pay your South African team in ZAR hassle-free.