Payments > Best Payments App
DailyPay, the leading provider of the daily pay benefit – a benefit offered through employers that allows employees to receive instant access to their earned wages, works across a wide range of industries, including quick service restaurants, hospitality, retail, healthcare and other services. One in six Americans now has access to DailyPay through its trusted payroll service partners, including ADP, Paycor, Alight, SmartLinx, Netspend and other HR and payroll technology providers, who offer the daily pay product to their customers.
DailyPay benefits employees by offering flexible pay and a way to view available earned wages, which is updated as shifts are completed, to better budget and track earnings. For the employee, the value comes in the form of financial security when they don’t have to worry about missing bills or waiting for the typical week or two week paycheck to deal with unexpected expenses that may fall between pay periods. DailyPay benefits employers by providing a no-cost, quick and simple solution to reducing employee turnover and increasing employee engagement. There is no change to the current payroll process, including the timing of payroll funds, no fees or implementation cost and DailyPay is compliant in all 50 states.
Companies using DailyPay are able to fill open positions 52% faster and reduce employee turnover by 41%. In addition, employees are willing to take a 13% reduction in pay in order to receive daily vs. weekly pay. DailyPay is backed by leading venture capital firms and world-class strategic investors.