THE PAYACTIV PLATFORM

Holistic, effective,
simple.

A complete ecosystem of services that provide financial security, personal dignity, and readiness for tomorrow. Whether you are a small business or a large enterprise, your employees need holistic financial wellness.

THE PAYACTIV PLATFORM

Holistic, effective,
simple.

A complete ecosystem of services that provide financial security, personal dignity, and readiness for tomorrow. Whether you are a small business or a large enterprise, your employees need holistic financial wellness.

Holistic Financial Wellness

Holistic

Everything you need for day-to-day expenses and readiness for tomorrow.

  • On-demand Earned Wage Access
  • Bill Pay, Discounts and Counseling
  • Intelligent Budgeting and Saving
  • Uber, Amazon, Visa Prepaid Card

Effective

With timely access to your money, you can avoid unfair fees of lenders and banks.

  • No more payday loans
  • No more late fees and overdrafts
  • No additional debt
  • No more financial stress

Simple

Never more than $5 a pay period. Use as much or as little as needed.

  • Many services one app
  • Access from web or smartphone
  • Available in all 50 states
  • No change to banking

Holistic Financial Wellness App

Access

At the heart of the PayActiv financial wellness solution, is our invention-earned wage access or EWA, which allows users to receive a portion of their earned but unpaid wages between paychecks. This is the simplest and safest way to break free of predatory lending. 

We didn't stop there, the PayActiv vision is to bring financial security, dignity, and savings to the millions experiencing financial distress. For this, we have built a holistic financial wellness platform that includes several unique features that are seamlessly integrated:

  • Timely access to earned wages.
  • Budgeting and savings for long-term self-reliance.
  • Financial counseling to get out of debt traps.
  • Bill pay with earned wages, without the cost of a bank account.
  • Visa Payroll/GPR card for employees who can't afford a bank account.
  • Access to use Uber and Amazon with earned wages, without needing credit or debit cards.
Employee Financial Wellness Services

Learn

A combination of self-paced learning and 1-1 financial counseling with trained coaches helps develop useful financial habits and learn important saving strategies.

Save

A goal-based planning engine powered with machine learning and AI benefits users instantly.  And, employers have multiple options to incentivize savings for their employees.

Prepaid and Payroll Cards

PayActiv Prepaid Card

The only general-purpose reloadable cards that offer real-time and continuous access to pay.

Keeping with our mission as a social impact organization, PayActiv does not charge any monthly fees to cardholders and our card is a perfect solution for those who do not have access to a traditional checking account.

The PayActiv Visa® prepaid card is issued by Central Bank of Kansas City, member FDIC

Employer Portal

A rich backend with tools to create the ideal workplace for engagement, retention, and recruitment.

Rewards Program

Use cash rewards program for employee recognition.

Pulse Surveys

Run voluntary and confidential employee surveys.

Messaging Engine

Send and track notifications to employees.

Analytics

Get regular impact reports to measure results.

Turnkey Solution

  • Frictionless

    • Offered as a voluntary benefit by businesses to their employees.
    • Only time and attendance data is needed. PayActiv works with all payroll and time-attendance systems.
    • PayActiv fronts the money for earned wage access. No change to your cash-flow.
    • Customizable rules. We adapt to you.
  • All Employees Are Eligible

    • Employees enroll using their own unique ID. No personally identifiable information (PII) data is required.
    • All employees are eligible from day one of employment.
    • Employees can get up to 50% of their earned wages instantly.
    • All other financial wellness services are at no cost even if they don't use earned wage access.
  • Clear And Simple

    • The money taken using PayActiv is deducted from upcoming paychecks when payroll is processed.
    • Employees receive their net paycheck from their employer, like before.
    • No change to user's banking services. PayActiv is completely non-invasive.


Why offer PayActiv to your employees?


How does it work?

Designed for Every Business

Security and Compliance

Meets the highest security and compliance standards.

 

  • PCI DSS Level 1 Certification
  • SSAE18/SOC1 Type II and SOC2 Type II
  • ISO27001
  • HIPAA Certified
security-compliance-h75

Customizable and Configurable

  • 450+ rules to customize for your business
  • Supports Single Sign-On (SSO) for a seamless integration/access. Multiple authentication options are available.
  • Works with all HR/HCM/payroll systems
  • No operational change is needed
  • Supports multiple locations
  • Accessible anytime, anywhere, from a phone app or web interface

API

PayActiv is a complete standalone ready-to-use mobile app and API is also available if you want to leverage our very highly available and scalable solution in your own app. Partners can easily integrate it via RESTful web interface or embed it via OAuth-like feature.

Cost

Many employers subsidize employee costs because of the measurable savings to their business.

Employers

There is no setup or recurring cost to the employer.

Employees

Employees can access their earned wages for a nominal flat fee of $0 to $5 depending on the employer program.

Best Practice

Our partners choose to pay all or part of the earned wage access fees as an added benefit for their employees.

partnerships

By partnering with PayActiv, businesses have a more engaged, reliable, and productive workforce. Employee turnover is measurably reduced, and employee wellness and loyalty flourishes. Everyone wins.

User Stories

eva_300

"It was an easy and fast enrollment. No credit check or personal information was needed. Honestly, I want others to know about what a great program this is. You never have to pay late fees for bills or borrow from anyone. I love PayActiv."

 

Eva

Works in retail, mother of a 4-year-old

Read full stories

Will_300

"Once our bills were paid, not enough money was left to refill the prescription. I used PayActiv to get my wife her medicine on time. She depends on me. PayActiv is very good for people."

Will

Works in security, 65 years old and a grandfather

Read full stories

Philip_300

"I'm always short on my rent and before I had PayActiv I would always start stressing when the due date was near. I would lose sleep over how and who I was going to borrow the money from. Now I use PayActiv to complete my rent money."

Philip

Technician, has 3 children

Read full stories

Yvette_300

"I found an apartment and met the deadline to bring money by Friday. I used PayActiv to pay the deposit for rent to hold the apartment. It also helps me pay the $250 out of every one of my paychecks for childcare."

Yvette

Works in retail, mother of a new-born

Read full stories

Daniel

"I found an apartment and met the deadline to bring money by Friday. I used PayActiv to pay the deposit for rent to hold the apartment. It also helps me pay the $250 out of every one of my paychecks for childcare."

Daniel

Has 2 jobs, his wife works too

Read full stories

Access is more than a paycheck.
It's peace of mind.

Access is more than a paycheck. It's peace of mind.

© 2020 PayActiv, Inc. All Rights Reserved