DailyPay, a launching partner for Visa+, announced that the innovative new service is available to DailyPay’s millions of users nationwide.
Launched in late 2023, the mission of Visa+ is to create “an interoperable future, where paying across services is as seamless as using any one service, benefiting both consumers and payment app providers.”
Now, all DailyPay users nationwide will “have the opportunity to deposit their earned wages, prior to a scheduled payday, directly to Visa+ linked accounts where they can leverage other person-to-person digital payment apps.”
This empowers the DailyPay user to “pay bills, spend, invest, or move money to friends/family on their own schedule.”
DailyPay currently partners with America’s leading employers “who offer the financial wellness benefit to their employees.”
In 2023, DailyPay moved $19 billion “on its work tech platform, clearly demonstrating that earned wage access has arrived as an essential benefit for the American worker.”
Dekel Beeri, Product Strategy, DailyPay, said:
“The future of payments has arrived. We are thrilled to be part of the launch of Visa+, which will allow DailyPay’s millions of users to move money quickly, safely, and securely between DailyPay and other world-leading person-to-person digital payment apps, as part of this game-changing new platform.”
As noted in the update, DailyPay, Inc. explains that it is “transforming the way people get paid.”
As the industry’s on-demand pay solution, DailyPay uses “a technology platform to help America’s top employers build stronger relationships with their employees.”
This voluntary employee benefit “enables workers everywhere to feel more motivated to work harder and stay longer on the job, while supporting their financial well-being outside of the workplace.”
DailyPay is headquartered in New York City.
A covered, HealthCARE of Iowa, a professional consulting partner with over 80 years of combined experience in providing consulting services for Senior Living environments, has partnered with DailyPay – the on-demand pay solution.
Through this partnership, HealthCARE of Iowa is “modernizing its benefits offerings by providing the voluntary financial wellness benefit that empowers employees to access their earned pay at the press of a button.”
Rob Hentzen, president and chief executive officer, HealthCARE of Iowa, said:
“At HealthCARE of Iowa, we are committed to continuously improving the employee experience. DailyPay is a voluntary benefit that allows employees to access their pay as they earn it. This benefit directly supports our hiring efforts – it’s a benefit employees want and should have access to.”