Our research shows that 80% of employees are regularly stressed about their finances. Dayforce Wallet enables you to offer your employees the flexibility to access their earned wages on-demand directly from their smartphones. The requested funds are deposited to the employee's Dayforce Prepaid Mastercard®, making any day pay day. Unlike other competitive solutions, net earnings are always being continuously calculated. This means Dayforce Wallet can provide accurate, on-demand payroll, including tax remittances. Employees can request a payout of their net earnings for true same day pay – not an advance. Best of all, you can maintain your existing payroll process and payroll funding schedule.
Maintain your existing payroll funding processes, enabling you to be more consistent with your cash flow forecasting.
Pay your people when they need it without impacting your day-to-day payroll processes or affecting compliance.
Help drive business continuity with flexible pay options that provide employees with more control over their earnings to minimize financial distractions.
Continuous calculations of net pay means on-demand requests are based on actual earnings, not predictions. Net pay is consistently kept up-to-date which helps to reduce the risk of overpayment. Unlike an advance or a loan, employees are enabled to better manage unexpected expenses and minimize financial stress.
Enable employees to better manage their finances more holistically, all in one place, with access to account balances, pay deposits, and transaction records at their fingertips. Simplify their daily lives with a mobile app* for transferring funds and a paycard for making purchases.