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Paychex, PayActiv help business and employees with on-demand pay option

Thursday 2 April 2020 11:45 CET | News

Paychex and PayActiv have aligned to offer a cash incentive for businesses looking to provide workers with immediate access to their earned wages, and to waive employee transaction fees.  

The Paychex Pay-on-Demand solution gives employees access to an amount equal to their net pay via PayActiv's mobile application. Amid the COVID-19 pandemic, PayActiv is offering USD 250 to Paychex customers who enrol in the Pay-on-Demand service, payable when the first employee leverages the solution. 

In addition, PayActiv is waiving employee transaction fees. The company suggested that providing employees with immediate access to earned wages is the fundamental mission of them. 

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Keywords: Paychex, PayActiv, on-demand pay, COVID-19, payroll, insurance, coronavirus, wages, transaction fees, mobile application
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce