DailyPay Extends On-Demand Pay Leadership with Deductions Method

Portfolio CompaniesLIP Fund I
Written By Federico de Mateo

DailyPay, the leader in On-Demand Pay, today announced the introduction of a deductions method for On-Demand Pay. Through the deductions option, On-Demand Pay transfers are deducted from the employee's paycheck through a standard payroll deduction. DailyPay is now the only large-scale provider to offer both full-funding and deductions methods.

Building on its scale of 6M+ eligible employees, 2,000+ employer clients and 180+ pre-built integrations, DailyPay offers a fast path for employers to offer On-Demand Pay through an unchanged employee experience. The deductions method provides an additional option for employers, giving them flexibility to configure their On-Demand Pay program for their unique payroll setup. DailyPay integrates with leading Human Capital Management (HCM), payroll and time management systems for a smooth launch experience and no disruption - while maintaining standards of compliance, system stability and user experience.

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Federico de Mateo
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