What Wagefit EWA Gives Employees

There is the old way of all employees waiting until payday to interact with their wages.

And there is the new way in which a portion of your earned unpaid wages are available on-demand to deal with emergencies or unplanned expenses whenever, wherever, 24/7, before payday.

What Wagefit provides.

Empowering employees to take care of their money matters because it makes sense.

Configuration - Employer signs up, gets onboarded through the Wagefit admin console and are configured to their requirements such as who can access, percentage portion of earned unpaid wages available to employees, number of withdrawals allowed in a pay period and more.

Earned Wage Access (EWA) - Once the employer signs up, all their employees become eligible for this fantastic financial wellbeing benefit. Employees will be able to access a portion of their earned accrued wages whenever the need arises before payday. Talk about helping your employees in this time of need.

Onboarding - This is quick, easy and secure and we and your employer are with you at every step of the journey.

Visibility - From day 1 employees that are successfully onboarded onto the app can view and withdraw a portion of their accrued earned unpaid wages within the pay period and before payday.

Tracking - Employees can, therefore, track the portion of their earned unpaid wages, available to them, as it accrues on a daily basis within the pay period. Incredible isn't it!  

Immediacy: now & scheduled transfers - Emergencies, unplanned expenses and the likes occur at a moment's notice. Sometimes one can anticipate it and other times it sneaks up on you. That's why Wagefit offers the flexibility to access a portion of your accrued wages immediately or to schedule it.

Unplanned expenses or emergencies - From bills, groceries, tuition fees to medicals & vehicle repairs then everything else. We have you covered. It's a portion of your already earned money so you are empowered to deal with your money worries on your terms.

Cost - It's completely free and only bears a small cost when you cashout some of your accrued earned unpaid wages. It's much cheaper than a POS transfer that's for sure. Really much more cheaper than payday loans - no interest, no late fees, no administration fees.

Statement - You'd see and receive full visibility of all your transactions. You'd even received your Wagefit statement that shows your employer has reimbursed us for the portion of any accrued money you might have accessed before payday. Absolutely no stress.

Platform security - It goes without saying that we are dealing with money. Our platform is security tight. The partners we use to get money to you value security. We have your back on this besides we provide the funds so we are involved in the process.

And more - There's more in the pipeline which you'll hear about in due course.

There you have it.

Exciting isn't it?

A modern payroll and financial wellbeing platform.

That's Wagefit for you.

Should you need to learn more then get in touch. We look forward to hearing from you.