Fintech DailyPay and Carahsoft to Bring Earned Wage Access Platform to Public Sector

DailyPay, a Worktech company in the earned wage access (EWA) sector, and Carahsoft Technology Corp., a government IT Solutions Provider, announced a partnership to bring earned wage access to the Public Sector.

Under the agreement, Carahsoft will serve “as DailyPay’s Master Government Aggregator, making the company’s EWA solution available to the Public Sector through Carahsoft’s reseller partners and National Association of State Procurement Officials (NASPO) ValuePoint, The Interlocal Purchasing System (TIPS) and OMNIA Partners contracts.”

Craig P. Abod, Carahsoft President, said:

“Carahsoft is thrilled to partner with DailyPay to help Public Sector agencies achieve mission success and drive better financial outcomes for their employees. DailyPay’s EWA platform drives employee financial wellness and improved performance at work while providing employers with improved retention and increased productivity. Through collaboration with DailyPay and our reseller partners, we will empower Government organizations through earned wage access.”

DailyPay’s earned wage access solution enhances “the traditional pay cycle, empowering employees with choice and control over their pay while seamlessly integrating with existing payroll systems.”

This provides a seamless experience “for both employers and employees, granting instant financial control.”

Beyond earned wage access, DailyPay’s platform “provides personalized financial guidance, budgeting tools and tailored savings opportunities.”

DailyPay partners with employers “across various industries to boost hiring and retention, aligning with modern workforce preferences.”

Employees leveraging DailyPay can pay bills on time while avoiding unnecessary fees associated with overdrafts, high-interest credit products, or payday loans.

Alex Haig, Vice President and General Manager of Public Sector at DailyPay:

“Our partnership with Carahsoft speaks to our mission of bringing the power of earned wage access to everyone, everywhere. We look forward to working with Carahsoft and its reseller partners to make DailyPay’s financial wellness solutions readily accessible to our nation’s civil servants and members of the military.”

As mentioned in the announcement, DailyPay, Inc. 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 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.”

 



Sponsored Links by DQ Promote

 

 

Send this to a friend