For both hourly and salaried employees, dealing with an unexpected medical bill or car repair before payday can result in overdraft fees or increased debt. But with EWA, they can access up to 50% of their earned wages when necessary.
By offering EWA, workers can gain more flexibility and control over how they get paid and you get to offer a competitive benefit that helps you attract & retain more employees.
Plus, there's no pre-funding or changes to payroll required.
Instant pay doesn’t require any changes to your existing payroll process. We work with you to get an estimate of wages earned and let employees access up to 50% of their upcoming paycheck. This service is pre-funded by Branch; all we need from you is time and attendance files and a roster file; we can work with either flat files or API integrations.
We work with you to get an estimate of wages earned and let employees access up to 50% of their upcoming paycheck. All we need from you is time and attendance files and a roster file.
Employees download the Branch app to request funds, and they’ll load directly into their Branch digital wallet.
They can then use their digital wallet (including Apple Pay & Google Pay) or Branch Card to make payments.
Once payday rolls around, their pay advance is deducted from their total deposit.