Tapcheck is a cloud-based SaaS platform that allows employers to offer earned wage access (EWA) as a benefit, enabling employees to access a portion of their earned wages before payday. The system integrates seamlessly with existing payroll platforms, requires minimal employer maintenance, and is cost-free for businesses. Tapcheck is designed to improve employee financial wellness, reduce turnover, and enhance job satisfaction, especially in industries with hourly or shift-based workforces. Employees can choose how and where to receive their funds, and the platform includes financial education resources and robust security measures.

Key Features

Earned Wage Access (EWA) Enables employees to access a portion of their earned wages before payday.

• Reduces financial stress and reliance on payday loans
• Flexible, employee-driven access

Seamless Payroll Integration Integrates with major payroll and HR platforms.

• Minimal employer maintenance
• No disruption to existing payroll processes

Flexible Payout Options Employees can select their preferred payout method.

• Bank account, Tapcheck Mastercard, third-party debit card
• Mobile payment apps (Venmo, CashApp, Zelle, Chime, Paypal, etc.)

Financial Wellness Tools Provides educational resources to improve financial health.

• Budgeting, saving, and credit score improvement tools
• Free access to financial education

Security and Compliance Enterprise-grade security and privacy standards.

• SOC 2 compliant
• Data encryption and secure storage

No Cost to Employers Employers can offer Tapcheck at no cost.

• No impact on company cash flow
• Risk-free implementation

Benefits

Improved Employee Satisfaction and Retention Supports financial wellness and reduces turnover.

• Enhances recruitment appeal
• Increases workforce stability

Operational Simplicity Easy to implement and manage for employers.

• No changes to payroll or cash flow
• Real-time monitoring and reporting

Financial Empowerment for Employees Gives employees control over their earnings.

• Avoids payday loans and overdraft fees
• Promotes financial independence