back Back

DailyPay adds Visa+ to simplify person-to-person payments

By Delisha Fernandes

March 07, 2024

  • Dailypay
  • digital payment
  • Fintech news
Share

Visa, SAP

DailyPay, an on-demand pay solution, has joined forces with Visa+ to offer innovative new services to millions of DailyPay users nationwide.

Launched in late 2023, the mission of Visa+ is to create an interoperable future where paying across services is as seamless as using any one service, benefiting both consumers and payment app providers.

Now, all DailyPay users nationwide will have the opportunity to deposit their earned wages, prior to a scheduled payday, directly to Visa+ linked accounts where they can leverage other person-to-person digital payment apps. This empowers the on-demand pay solution users to pay bills, spend, invest, or move money to friends/family on their own schedule.

The on-demand pay solution currently partners with America’s leading employers who offer financial wellness benefits to their employees. In 2023, DailyPay moved $19 billion to its work tech platform, clearly demonstrating that earned wage access has arrived as an essential benefit for American workers.

DailyPay is transforming the way people get paid. The on-demand pay solution uses an innovative technology platform to help America’s top employers build stronger relationships with their employees.

“The future of payments has arrived,” said Dekel Beeri, Product Strategy, DailyPay. “We are thrilled to be part of the launch of Visa+, which will allow DailyPay’s millions of users to move money quickly, safely, and securely between the on-demand pay solution and other world-leading person-to-person digital payment apps, as part of this game-changing new platform.”

Previous Article

March 07, 2024

Deutsche Bahn and Tink partner for enhanced direct debits

Read More
Next Article

March 07, 2024

Finastra hires Chief Technology Innovation Officer

Read More






IBSi Daily News Analysis

cloud,

July 19, 2024

Dailypay

SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Finture’s YUP raised $30m in Series B round to expand into SEA

Read More

Today

PayGlocal gets RBI’s nod to operate as online payments aggregator

Read More

September 11, 2024

5 BNPL providers boosting financial inclusion in Africa

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Global FinTech Innovation Awards 2024

Here’s to the coolest in FinTech!
Nominate Now!
close-link
Nominate now! IBSi Global FinTech Innovation Awards 2024