Pay out in seconds, collect on payday
The product is simple on paper: give an employee access to wages they have already earned, then collect it back on payday. The whole thing lives or dies on the payout being instant and the repayment landing exactly when the wage does.
Instant out, exact-timing back
An advance that is not instant is not a product. If the employee has to wait, the reason they asked, an urgent need before payday, is gone. The payout has to be near-instant, any hour of the day.
Repayment is the mirror image: it has to collect on payday, when the salary lands, not before. Collect a day early and you have overdrawn the person you were trying to help.
At volume, across an employer's workforce, those two tightly-timed flows have to reconcile per employee without manual work.
The payment mix that fits
Not one rail. The two to four that match how money actually moves here.
Pay advances out in near real time, any hour, referenced to the employee.
Collect the repayment when the wage lands on payday, within a consent the employee sets.
Your flow of funds, orchestrated
An employee requests earned wages; the advance is paid over Faster Payments in near real time, referenced to the employee and the employer. On payday, repayment collects over commercial VRP timed to the salary landing, within a limit the employee authorised. Payout and repayment reconcile per employee on one ledger, across the whole workforce, without manual matching.
Every book moves money differently. We map your flow of funds and quote one integration across the rails that fit.
Related
Payments for wage advance and earned-wage access: FAQs
Near-instant over Faster Payments, around the clock, which is the whole point of earned-wage access.
Over commercial VRP timed to the salary landing, so repayment comes when the money is there rather than a day early.
Yes. Each advance and repayment is referenced to the employee and employer and reconciles on one ledger across the workforce.
Tell us how you get paid
Send us the mix of payments you take and make, and we will quote one integration across the rails that fit, priced on your volume.