In the United States, we forget that much of the world does NOT fill out W-9 forms.
Take the apparel industry in Jordan.
“In Jordan, the apparel sector relies heavily on a large migrant workforce, many of whom lack access to bank accounts and remain unbanked. Wage payments have traditionally been cash-based…”
To facilitate cash payments to unbanked apparel workers in Jordan, IrisGuard stepped in with its EyePay product.
“Cairo Amman Bank (CAB) Jordan…has launched a national-scale biometric cash salary payment network for unbanked workers.
“With just a simple iris scan, employees can securely access their wages instantly, without the need for a bank account, PIN, or physical ID.”
I don’t think this is tied to an iris-based time and attendance system, but that is the obvious next step.
