[US] Tapcheck partners with Paychex to deliver embedded on-demand pay

The on-demand pay tech provider Tapcheck Inc has announced that it has signed an agreement with HCM Paychex, Inc., to provide real-time access to earned wages through an embedded solution available for eligible employees paid through the Paychex HR PEO, Financial Times reports.

Employees can instantly transfer a portion of their earned wages directly into a bank account or onto a free Tapcheck Mastercard via the Tapcheck mobile app, empowering them to manage cash flow with greater flexibility and control.

Tapcheck’s embedded solution reportedly leverages payroll data and predictive, machine-learning-based balance calculations to ensure accurate and compliant earned-wage disbursements for every employee. Now fully integrated within the Paychex HR PEO, Tapcheck says this offering enables Professional Employer Organisation (PEO) clients to activate on-demand pay with the flip of a switch, with no new systems, file transfers, or process changes required.

The Tapcheck solution is fully integrated into the existing payroll platform, meaning payroll teams retain full visibility and control over their processes while providing employees instant access to earned wages. It is intended as a seamless solution which strengthens financial wellness benefits, reduces administrative burden, and helps employers compete more effectively for top talent.

Kayling Gaver - Co-Founder and Chief Operating Officer at Tapcheck- said, “With Tapcheck, we are redefining the future of payroll. Employees shouldn’t have to wait two weeks to access money they have already earned. Our partnership with Paychex HR PEO is making pay flexibility the new standard for financial wellness.”

Ms Gaver added, “Industries are rapidly adopting on-demand pay to enhance engagement, protect talent investments, and improve employee wellbeing. On-demand pay represents the next generation of payroll by prioritising flexibility, transparency, and trust.”

Source: Financial Times

(Quotes via original reporting)

The on-demand pay tech provider Tapcheck Inc has announced that it has signed an agreement with HCM Paychex, Inc., to provide real-time access to earned wages through an embedded solution available for eligible employees paid through the Paychex HR PEO, Financial Times reports.

Employees can instantly transfer a portion of their earned wages directly into a bank account or onto a free Tapcheck Mastercard via the Tapcheck mobile app, empowering them to manage cash flow with greater flexibility and control.

Tapcheck’s embedded solution reportedly leverages payroll data and predictive, machine-learning-based balance calculations to ensure accurate and compliant earned-wage disbursements for every employee. Now fully integrated within the Paychex HR PEO, Tapcheck says this offering enables Professional Employer Organisation (PEO) clients to activate on-demand pay with the flip of a switch, with no new systems, file transfers, or process changes required.

The Tapcheck solution is fully integrated into the existing payroll platform, meaning payroll teams retain full visibility and control over their processes while providing employees instant access to earned wages. It is intended as a seamless solution which strengthens financial wellness benefits, reduces administrative burden, and helps employers compete more effectively for top talent.

Kayling Gaver - Co-Founder and Chief Operating Officer at Tapcheck- said, “With Tapcheck, we are redefining the future of payroll. Employees shouldn’t have to wait two weeks to access money they have already earned. Our partnership with Paychex HR PEO is making pay flexibility the new standard for financial wellness.”

Ms Gaver added, “Industries are rapidly adopting on-demand pay to enhance engagement, protect talent investments, and improve employee wellbeing. On-demand pay represents the next generation of payroll by prioritising flexibility, transparency, and trust.”

Source: Financial Times

(Quotes via original reporting)