Payroll, funded and paid in minutes.
HollaCredit computes PAYE and pension, moves every salary to the right bank account, and keeps a wallet ledger your finance team can audit. Approvals are dual-signed, failures release themselves, and employees get digital payslips the same day.
No monthly subscription ₦1,500 per employee paid Failed transfers never charged
How it works
From signup to salaries in four steps
You prepare the team while we verify the business — nothing is locked behind a sales call.
01Create your workspace
Add your company and complete KYB in a single form — CAC number, tax ID, team size and expected payroll.
02Get verified
Our compliance team reviews your business. Approval issues your dedicated funding account automatically.
03Fund your wallet
Transfer to your account from any bank. Credits are matched to your business and land in the wallet.
04Run payroll
Pick the period and team, approve with an authenticator code, and every salary is on its way in minutes.
Built for teams
One workspace for the people who run payroll
Payroll is a relay: HR prepares, finance approves, employees get paid. HollaCredit keeps every hand-off visible and logged.
HR prepares the run
Import the register, adjust bonuses or unpaid leave, and the engine recomputes gross, deductions and net.
Finance signs it off
Two approvers above your threshold, each with an authenticator code — no single person moves a batch quietly.
Everyone gets paid
Salaries land in employee bank accounts with per-transfer receipts, and failed payments release themselves.
Everything you need
Built for the whole payroll month, not just payday
One workspace for the register, the run, the approvals, the money and the paperwork.
Payroll engine
PAYE on the 2025 bands, pension, loans, bonuses and unpaid leave — prorated for monthly, bi-weekly or weekly runs.
Wallet & funding
Every salary is reserved before it leaves and settled on success. Failed transfers release their funds automatically.
Approvals & controls
Dual authorisation above your threshold, authenticator codes on every payout, and separate HR, finance and admin roles.
Payslips & self-service
Employees see payslips, year-to-date tax and pension in a portal — plus a printable ID card with QR verification.
Reporting & audit
Batch trends, fee breakdowns and an append-only audit log of every approval, transfer and wallet movement.
Team register
CSV import, bank-account name verification before the first payout, and per-employee compensation history.
Statutory compliance
Nigeria-ready by default
No spreadsheets, no guesswork. HollaCredit applies the current tax schedule and pension rules to every payslip, and lines up the numbers your accountant needs to file.
- Progressive PAYE on the Nigeria Tax Act 2025 bands, annualised then prorated to your pay frequency.
- Pension contributions at 8% employee / 10% employer by default — configurable per company.
- Deductions itemised per payslip: PAYE, pension, loans, unpaid leave and other adjustments.
- Company-specific tax bands for groups with an approved arrangement.
PAYE bands applied
Tax Act 2025Bands are annualised, applied progressively, then divided back to the pay period — so monthly, bi-weekly and weekly runs stay consistent.
Employee self-service
Payslips in their pocket, ID cards in their wallet
Employees stop chasing HR on payday. Their portal carries the paperwork they actually ask for.
- Payslip history with gross, deductions and net — month by month, plus year-to-date PAYE and pension.
- A printable ID card with a signed QR code that verifies employment without exposing salary data.
- Salary account and employment details in one place, so HR stops fielding “send me my payslip” emails.
Pricing
Pay per employee paid — nothing else
No subscription, no setup fee, no seat licences. You are charged only when a salary actually lands, so a rejected bank transfer costs you nothing.
Standard rate
₦1,500
per employee paid · charged on top of salaries
Worked example
20 employees → ₦30,000 service fee on top of salaries. Bank transfer costs are passed through at cost (₦50 per transfer in this demo).
- Unlimited payroll runs and employees
- Automatic PAYE and pension computation
- Dual approval with authenticator codes
- Dedicated funding account with auto-credit
- Digital payslips and employee portal
- Printable ID cards with QR verification
- Audit trail and reports
- Email support from the same team that verifies you
Only success is charged
Each employee's fee is reserved when the run starts and settled when their transfer succeeds. Rejected or reversed transfers release the fee back to your wallet automatically.
Growing teams
Running 500+ employees a month? Volume rates are available on your account — ask during KYB or from Settings once you are live.
Security
Money controls that hold up to scrutiny
Payroll is a high-trust workflow. The platform is designed so that no single person can quietly move a batch or edit the books.
Encrypted at rest
Sensitive fields are sealed with AES-256-GCM; passwords are hashed with bcrypt.
Two-factor everywhere
TOTP protects sign-in and every payroll approval — an email fallback keeps you unblocked.
Roles & least privilege
Company admin, HR, finance and employee roles see only what their job needs.
Append-only audit
Every approval, adjustment, transfer and wallet movement is recorded with actor and time.
FAQ
Questions finance teams ask first
How do I fund my payroll wallet?
Every approved business gets a dedicated collection account. Transfer from any bank and the credit lands in your wallet automatically — no proof uploads, no waiting for manual approval. If a transfer arrives without a reference, our team can still attribute it to you.
What happens if a salary transfer fails?
The reservation for that employee — salary, transfer cost and service fee — is released back to your available balance immediately. Nothing is charged for a failed payment, and the payroll record shows exactly what happened.
Is there a monthly or setup fee?
No. You pay ₦1,500 per employee whose salary is paid, plus bank transfer costs at cost. Months with no payroll cost nothing.
How long does verification take?
You can complete the workspace, import employees and prepare a payroll while our team reviews your KYB submission. Payroll runs and wallet funding unlock the moment your business is approved.
Do employees need their own account?
Payslips, year-to-date tax and pension summaries and printable ID cards live in a self-service portal. It is optional, but most teams turn it on so employees stop asking HR for payslip copies.
Can I import my existing team?
Yes — import your register from CSV in a couple of minutes. Bank account names are verified with the bank before the first payout, so you catch typos before payday.
Who approves payouts?
You set the approval threshold. Above it, two people with approving roles must sign with authenticator codes; below it, one signature is enough. Every signature is logged against the batch.
Lagos built · nationwide payouts
Set up your payroll workspace today
Register your business, finish KYB in one sitting, and pay your team — with PAYE and pension done properly and a ledger your auditor will like.
