It’s no secret that hard-working Americans are harder hit by the COVID-19 pandemic than those who can afford to stockpile or have substantial savings. Some businesses do not want to accept cash or have moved to an online purchase-only model because of the risk, which means unbanked people cannot easily purchase food. Many small businesses are limiting hours or are closing down to reduce community transmission, which means fewer hours and in some cases no hours at all.
At PayActiv, we ensure workers get access to wages when they need to—not just on payday. And during this difficult time, we have waived our fees to users. For those who need access to wages now but are unable to work the hours because their place of work is temporarily shuttered, timely access to wages may not always be enough.
There is a lot of information out there about where we can turn for help. We have put together this list of resources you can turn to when you need assistance during this difficult time:
One caveat: Seeking help is crucial, but it’s important to only seek help from reputable organizations, agencies, and nonprofit organizations. The FTC has put together advice to help you avoid scams.
The COVID-19 pandemic is evolving quickly, and state, federal, and municipal governments as well as charities and businesses are working on solutions and rolling out new programs. Check back often and keep looking for help. PayActiv understands this is a difficult time, but none of us are alone. In the United States, 78 percent of workers live paycheck to paycheck, and the current crisis may mean that some of those workers will not be getting a paycheck at all as they are told to shelter at home or self-isolate. More than ever, we need real solutions and vast compassion. PayActiv will continue to advocate for timely access to wages, and as we find more solutions to help, we will post them on our website.