The Earned wage access (EWA) platform enables employees to access their earned wages before their scheduled payday. This on-demand pay solution aims to improve financial wellness, increase employee motivation, and enhance retention for businesses of all sizes. By integrating seamlessly with existing payroll and human capital management systems, DailyPay provides a user-friendly interface for employees to manage their finances more effectively.

Key Features

Instant Access to Earned Pay Employees can access up to 100% of their earned wages anytime, anywhere.

• Transfer earned pay for a small flat fee
• No-fee instant transfers to the DailyPay Visa® Prepaid Card
• No fee for 1-3 business-day transfers to any account

Financial Management Tools Comprehensive tools to help employees manage their finances effectively.

• View deposits, transfers, withdrawals, and purchases in one app
• Goal-based savings features
• Automatic direct deposit splitting
• Credit health monitoring

DailyPay Visa® Prepaid Card A versatile card offering various benefits to users.

• No-fee instant access to earned pay
• No-fee withdrawals at 55,000+ in-network Allpoint® ATMs
• Competitive cash back rewards on everyday purchases
• No hidden fees or minimum balance requirements

Benefits

Improved Financial Wellness Helps employees gain better control over their finances.

• 72% of users feel more confident in managing their finances
• Reduces reliance on high-interest payday loans or credit card debt

Increased Employee Motivation Boosts workplace productivity and engagement.

• 49% of users report feeling more motivated at work
• 55% of users pick up at least one extra shift per month

Enhanced Recruitment and Retention Helps companies attract and retain talent.

• 96% of companies believe EWA positively impacts employee recruiting
• 95% of companies report positive impact on employee engagement