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Average Ratings 0 Ratings

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ease
features
design
support

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Description

Employers can improve financial health and end cycles of debt by allowing workers to access their hard-earned wages every day. This earned wage access is crucial for workers to get out of the debt cycle of payday loans and credit cards. Instant verifies hours worked and allows employees to access their pay early without additional cost to the employer. The worker completes the workday and clocks out following the normal process. The HR software keeps track of hours worked, including clock in and clock out. Immediate receives notification of hours worked and makes earnings available to transfer. Immediate transfers money to the user's bank account, preferred account, or loadable debit card. Payroll software routes the repayments of earnings accessed to the next payday. The payroll software directs the repayment of immediate earnings. You can reduce turnover and build loyalty among your employees.

Description

MyPayNow is a cutting-edge financial technology firm transforming the conventional payroll system by granting employees immediate access to their earned income. Through its intuitive mobile app, users can withdraw up to 25% of their earnings in advance, capped at a maximum of $2,000 for each pay period. The procedure is simple: users register by entering their employment and salary information, and once approved, they can request the amount they need. Funds are swiftly transferred to the user's bank account in as little as 60 seconds, available 24/7, thanks to the New Payments Platform (NPP) technology. Repayment is conveniently managed through automatic deductions from the subsequent paycheck, with flexible repayment terms extending up to 62 days. Notably, MyPayNow functions independently of employers, requiring no input from them, and does not perform credit checks, which means users' credit ratings remain intact. Moreover, the platform leverages sophisticated artificial intelligence to analyze users' financial habits, further enhancing its service offerings. This innovative approach not only improves financial accessibility for employees but also promotes better financial management practices.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

TeamBuilder

Integrations

TeamBuilder

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

Free
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Immediate

Founded

2019

Country

United States

Website

www.joinimmediate.com/solutions

Vendor Details

Company Name

MyPayNow

Founded

2019

Country

Australia

Website

mypaynow.com.au

Product Features

Product Features

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