“It was an easy transition for them to say ‘absolutely I’ll get rid of this other card—I want to come to Branch.’”
Earned Wage Access
Free, on-demand 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)—also known as on-demand pay—allows employees to access a portion of wages they've already earned ahead of payday. Employees can request an advance if they have unexpected expenses or need help between paychecks.
The Business Perks of On-Demand Pay
Boost attraction and retention
Earned wage access and other on-demand pay options can increase retention rates by as much as 37%—and workers are 2x as likely to apply for a job if they're offered (Branch case study).
Gain a competitive advantage
Fast, flexible access to wages helps you stand out from the pack when applicants are weighing their options for job opportunities.
Change lives without changing payroll
Without on-demand options, many employees fall victim to predatory payday loans or high-interest credit cards. Offer a simpler solution: a free way to access to their own earnings if they need it. Plus, no pre-funding, interest, or changes to payroll needed.
“There were two other providers that I considered, but their verification processes were a lot more complicated. You can’t make it confusing for [employees] to enroll in a card and be verified. The competitors made it a lot more difficult, plus they still came with fees and didn’t provide additional benefits.”
On-Demand Pay Is Just the Start
With Branch, you don’t just get the benefits of on-demand pay. You get to offer your workers a full digital banking experience—with financial wellness tools and rewards included.
Full digital banking experience
Workers receive a Branch digital account and debit card they can use to save or spend their earnings; they can also transfer funds to other accounts.
Free options
No overdraft fees, late fees, or minimum balance requirements. Free in-network ATM options are also available.
Built-in financial wellness tools
Workers can earn cashback rewards, see personalized spending insights, and contribute to savings goals.
Fueling the Future of Workforce Payments. Ready to learn more?
