PAY
A PayEx™ Solution for Employees
Over 60% of today’s workforce is unsure about their ability to handle economic uncertainty. (Mercator, 2020) Bills, rent and emergencies don’t always coincide with traditional pay periods. PAY from DailyPay eliminates the uncertainty associated with a paycheck and gives employees access to pay and tips when they need it, and the ability to plan — before payday arrives. We reduce financial stress and increase financial stability.
100% On-demand Access
to Earned Income
PAY gives your employees 100% access to their earned income on any device, at any time.
The lowest fees. No subscriptions. No confusion.
Employees
can instantly access their earned pay for $2.99 per transfer
Employees receive funds on the next business day for $1.99 per transfer
You choose who pays the fee: you, your employees or a combination of the two
Daily gratuity payout
Non-cash tips & gratuities can also be made instantly available.
Real Results. Real Impact.
Decrease in Turnover
Increase in Job Satisfaction
Increase in Productivity
More Likely to Accept Your Job Offer
Precise and compliant available balance, every time.
DailyPay is the only provider that uses a patent-pending, proprietary algorithm to provide a close-to-net available balance, in real-time, for each employee. We call this our Dynamic Income Algorithm (DIA), which provides employees access to up to their full estimated net earnings.
How it Works
An employee uses the DailyPay app to access their earned and unpaid income.
The employee chooses when they want to get paid on-demand — instant pay or on the next business day.
DailyPay funds and pays the employee, to whatever bank account or paycard they choose.
Trusted by the leading payroll and HCM companies. Fast and effective. No change to your process.
ADP Marketplace Partner Testimonial: DailyPay + Sprinkles
Sprinkles has seen an increase in retention, particularly among their part-time population.
Automatic feeds between ADP and DailyPay allow data to be shared without manual intervention or the need for additional resources.
According to Sprinkles, “Offering DailyPay is empowering our people to be in complete control of their finances. We chose DailyPay to take care of our people. And it’s no cost to us!”
Barbie Winterbottom, CHRO