In fact, a study found that only one in five (21%) employees would describe themselves as very engaged at work, and it’s estimated that this disengagement can cost US businesses up to $550 billion per year. So as you can […]
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Debt has become an American way of life. Most people of all ages and from all walks of life incur a level of debt at some time in their lives. Debt, per se, isn’t necessarily a bad thing. After all, […]
Over the last 18 months, as the effects of the pandemic took their toll, many Americans struggled to make ends meet. Faced with unemployment or income losses, many people resorted to dipping into their savings. In fact, by August of […]
At some period in our lives, most people find themselves in tight financial circumstances that cause them to consider borrowing money from family to tide them over. Often, this happens when the individual is faced with unforeseen situations such as […]
As the war for talent rages on and candidate shortages escalate, the balance of power has tipped firmly in favor of job seekers. Now, they can pick and choose among prospective employers, and their expectations have never been higher. If […]
Fintech companies like Payactiv have gotten a lot of attention lately from banks, especially from the traditional, brick-and-mortar kind of banks. It seems like a David and Goliath kind of story. Except it’s really not. Payactiv connects people’s earnings with […]
When you own or manage a business, your financial focus is likely on the bottom line. It’s easy to get lost in strategizing over profit margins and cost reductions. Something business owners often lose sight of is that happy employees […]
There are many great benefits to Earned Wage Access, but what is it and how can it benefit your business and your employees? Did you know that here in the United States—the richest and most independent country the world has […]
July 14, 2021
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Press Releases
Certified B Corp and leading provider of financial-empowerment services for wage earners, has been named a “Best for the World™” B Corp in recognition of its exemplary performance beyond commercial metrics […]
The world has changed. Have you? You don’t have to look far to know that businesses are struggling to find hourly workers. Recent headlines about McDonald’s raising their wages an average of 10% across their workforce is just one example […]
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*The Payactiv Visa Prepaid Card is issued by Central Bank of Kansas City, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Certain fees, terms, and conditions are associated with the approval, maintenance, and use of the Card. You should consult your Cardholder Agreement and the Fee Schedule at payactiv.com/card411. If you have questions regarding the Card or such fees, terms, and conditions, you can contact us toll-free at 877-747-5862, 24 hours a day, 7 days a week.
1 Many (but not all) employers, government benefits providers, and other originators send direct deposits early with an effective of 1-2 days later. Beginning with your second direct deposit of at least $5 from the same source, Central Bank of Kansas City (CBKC) will post the funds to your Payactiv Visa Card when we receive it, rather than on the effective date. This may result in your having access to the funds sooner. The date CBKC receives your direct deposit and the effective date are controlled by the originator.