Value Proposition
For hourly workers, getting paid bi-weekly or semi-monthly can be a struggle. They often live paycheck to paycheck and unexpected expenses can cause financial distress between pay cycles. This struggle leads to high-interest payday loans, overdraft fees and other bank charges. It is also a leading cause for employee turnover.
PaySurge offers an innovative solution which gives access to earned wages before payday. PaySurge
bridges the gap created by traditional pay cycles, allowing employees to access their earned wages
instantly. It is a convenient way to access wages through a mobile app or the PaySurge Visa Debit Card
Boost Employee Retention / Easier Hiring
Employees are more loyal and even favor selecting an employer who provides earned wages before next payday
Activate in 30 Minutes
Since we integrate with many time-keeping and payroll systems, it’s easy as flicking a switch. On your regular payroll run, PaySurge will simply EFT and indicate the deduction on the payroll journal.
How it Works
Employee accesses PaySurge. They see their earned wages and availability of early wages to access (a percentage of earned wages – determined by you)
Employee designates how much for immediate access
Employee selects where to receive paycheck (Bank Account, PaySurge Visa Debit Card or Gift Card)
The remainder of their pay will be deposited on the regular pay day
Zero Cost
There is no cost to employers for PaySurge. The system has been designed to require no administrative time to operate
Employees Love PaySurge
Give your employees the tools they want. Today’s employees are working in the Gig economy. Waiting up to 10 days for a Paycheck is no longer what they want. Your competition is offering more and more daily pay and flexible working hours. PaySurge allows you to offer direct access to their wages on demand.
“We have new applicants ask at the interview if we offer Instant Pay now.”
B. Danford, Employer