Four Big Benefits of Offering Earned Wage Access
Studies have consistently shown that personal financial stress is inextricably linked to poor work performance, a plethora of health issues, increased absenteeism, and employee turnover–all of which directly impact businesses’ bottom line. Today, 82% of employees worry more about their finances than their health. With growing awareness around the effects of financial ups, downs, and unknowns, businesses are looking for holistic solutions to employee financial stress. Introducing Earned Wage Access, a solution which gives employees immediate access to the money they have already earned.
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* The Payactiv Visa Prepaid Card and the Payactiv Visa Payroll Card are issued by Central Bank of Kansas City, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Certain fees, terms, and conditions are associated with the approval, maintenance, and use of the Card. You should consult your Cardholder Agreement and the Fee Schedule at payactiv.com/card411. If you have questions regarding the Card or such fees, terms, and conditions, you can contact us toll-free at 1-877-747-5862, 24 hours a day, 7 days a week.
** Central Bank of Kansas City does not administer, nor is liable for earned wage access.
Payactiv, Inc.
NMLS ID: 2591928
Payactiv holds earned wage access services (EWA) license number 2591928EWA with the Wisconsin Department of Financial Institutions.
Payactiv holds small loan license number SLC-2591928 with the Connecticut Department of Banking.
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