Earned Wage Access

Free, instant access to a portion of wages before payday.
  • Access up to 50% of earned wages
  • No changes to existing payroll
  • No pre-funding or escrow

What is earned wage access?

Earned wage access (EWA) is a form of on-demand pay—a way for employees to access a portion of wages they've already earned ahead of payday.
Life-changing for your employees

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.

How it works

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.

How our earned wage access app works

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.

1

Employees download the Branch app to request funds, and they’ll load directly into their Branch digital wallet.

2

They can then use their digital wallet (including Apple Pay & Google Pay) or Branch Card to make payments.

3

Once payday rolls around, their pay advance is deducted from their total deposit.

CFPB-compliant earned wage access

Different earned wage access apps operate in different ways, which is why it’s important to find a provider who is compliant, responsible, and free. Branch’s employer-based model aligns with guidance from the Consumer Financial Protection Bureau (CFPB) and is designed to encourage responsible use.  

Read more here.
Access to wages is the #1 benefit desired by workers applying for new jobs in 2020

80%

Have less than $500 in Emergency Savings

2x

More Likely to Apply if Instant Pay is Offered

Good for Business –

  • Free for you and your employees
  • No pre-funding requirements
  • No extra steps or changes to payroll
  • Start paying employees day one
  • Improve retention rates and employee morale

Good for Employees -

  • No cost
  • Prevents overdraft and maintenance fees, which perpetuates the cycle of debts
  • Eliminates the need to take out high-interest payday loans
  • Available to 100% of your employees, no credit checks or contracts
The future of employer-to-employee payments is here.

Ready to go beyond the paycheck?

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