DailyPay, a worktech company specializing in earned wage access (EWA), has made significant strides in 2025 to enhance financial flexibility for American workers.
Through product expansions and regulatory milestones in states like Utah and Arkansas, DailyPay continues to focus on improving how employees access their pay, offering alternatives to traditional financial options that can put considerable financial strain / stress on consumers.
These developments underscore the company’s commitment to improving financial wellness for millions nationwide.
On March 25, 2025, DailyPay unveiled a groundbreaking addition to its platform: the ability for users to receive their federal tax refunds up to five days early at no cost.
This feature, accessible by directing refunds to the DailyPay Visa Prepaid Card, addresses a critical need for faster access to funds, especially during tax season.
Jack Rubin, SVP of Consumer Financial Solutions at DailyPay, emphasized the move as a step toward financial stability, stating:
“Getting hard-working Americans their hard-earned tax refund dollars faster represents another example of how we are thoughtfully creating impactful products.”
This builds on DailyPay’s existing suite of services—earned wage access, savings tools, and international remittances—offered through partnerships with employers.
Research from 2023 shows that 69% of DailyPay users reduced late fees and 62% cut credit card interest charges, highlighting the tangible benefits of such innovations.
Simultaneously, DailyPay celebrated a regulatory win in Utah, which became the eighth state to regulate EWA.
Governor Spencer Cox signed HB 279 into law, codifying EWA as a distinct financial product with unanimous legislative support.
Sponsored by Rep. Cory Maloy and Sen. Chris Wilson, the bill establishes consumer protections and recognizes EWA’s role in providing financial flexibility without the pitfalls of high-interest credit.
Ryan Naples, DailyPay’s VP of Public Policy, hailed the move, noting:
“It is heartening to see every Democrat and Republican state legislator in Utah recognize that EWA deserves its own regulatory framework.”
Utah joins states like Nevada, Missouri, and Wisconsin in setting a precedent for EWA oversight, ensuring workers benefit from safe, transparent access to their earned wages.
Just days earlier, Arkansas followed suit, becoming the seventh state to regulate EWA with the signing of Act 347 by Governor Sarah Huckabee Sanders.
Garnering unanimous Senate support and a 93-3 House vote, the legislation—led by Rep. David Ray and Sen. Ben Gilmore—mirrors Utah’s approach, classifying EWA as its own category rather than credit.
Naples praised the bipartisan effort, calling it “a victory for businesses in Arkansas that can benefit from utilizing earned wage access solutions.”
By offering a “no-cost” EWA option and promoting innovation, Arkansas reinforces DailyPay’s mission to replace predatory financial alternatives like payday loans with responsible tools.
These updates reflect DailyPay’s dual focus: expanding practical financial solutions and advocating for regulatory clarity.
As EWA gains traction across the US—reportedly used by over 7 million workers in 2022 per the CFPB—the company’s efforts in 2025 signal a transformative shift, empowering Americans with greater control over their finances while fostering a supportive legislative landscape.