PAYROLL-CONNECTED
On-Demand Pay
Elevate your benefit offerings with earned wage advances, at no cost or lift to you.
Offer Pay When Employees Need It
Financial stress is real—83% of hourly workers live paycheck-to-paycheck. Many people can’t cover everyday life emergencies, doubling their likelihood of looking for a new job. PrimePay Payroll-Connected On-Demand Pay allows you to offer employees free access to their earned wages, giving them peace of mind at no additional cost or payroll hassle.
Up to 200%
Improvement in qualified applicants by offering a highly sought after financial wellness benefit. ‡
25%
Of on-demand pay users stay at their jobs longer, saving employers hiring and onboarding costs.‡
15%
Of on-demand pay users pick up more shifts without adding on extra bonuses, improving productivity.‡
PrimePay's On-Demand Pay vs. Others
Features | Description | PrimePay | Others |
---|---|---|---|
Payroll-Connected | No need to input manual wage deductions or worry about cashflow changes | ||
Fee-Free Wage Advances | Employees get access to their earnings at no cost | ||
FDIC Insured Accounts with Bank Grade Security | Spending and savings accounts that guarantee employee’s personal information is protected at all times | ||
Free Domestic Transfers | Domestic Transfers via ACH to other banks at no cost | ||
No Subscription Fees | No fees on monthly membership, maintenance, inactivity, or minimum maintaining balances | ||
Virtual Card | Apple Pay, Samsung Pay, and Google Pay Nationwide |
We looked at other systems but the flexibility PrimePay offered — and the user-friendliness — made it the obvious choice, particularly since we’re still on a growth path. I’d recommend PrimePay to any organization whether they have 10 or 100 employees. If they’re looking to grow, they’ll get all the help they need from PrimePay.
Carlos Collado
Owner, Nova Care Agency
Frequently Asked Questions
How does repayment work?
Process payroll as usual. On-Demand pay deducts advanced wages when the paycheck hits the employee’s spending account.
How does On-Demand pay impact payroll?
Just like any other bank account, employees need to update their direct deposit in Payroll.
What about hour adjustments?
Our On-Demand pay partner takes the risk and will deduct the outstanding amount from the next pay cycle.
How about taxes and deductions?
Our On-Demand pay partner allows employees to advance up to 60% of their gross wages to ensure that so they don’t over-advance.
What if an employee quits?
Our On-Demand pay partner takes all repayment risk and never passes it on to employers.