DailyPay Launches First Ever White Label On Demand Pay Solution

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NYC based FinTech DailyPay Launches White Label On Demand Pay DailyPay ExtendPX Enables Payroll and HCM Companies to Embed On-Demand Pay Solution Into Their Own Applications

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natalie zcg, Neighbor Posted Mon, Mar 1, 2021 at 9:03 pm ET | 

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DailyPay ExtendPX Enables Payroll and HCM Companies to Easily Embed Full End-toEnd On-Demand Pay Solution Into Their Own Applications and Offers First-Ever OnDemand Pay White Label

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ExtendPX moves DailyPay beyond their traditional On-Demand Pay (ODP) business offering. The announcement of ExtendPX will enable every Payroll, HCM and TMS (Time Management Software) company in the U.S. to offer highly demanded on-demand pay services through a customizable, modular on-demand pay solution that can be embedded into the product suite that they offer to their customers. ExtendPX, the first of its kind for the Pay Experience industry, is already active with notable leading global payroll and HCM partners and other organizations.

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The most robust program of its kind, ExtendPX offers a comprehensive set of services, with the ability to customize based on needs. HCM companies can embed the DailyPay offering into their own product suite using DailyPay APIs, or choose a white-label approach. Both options result in an on-brand experience where the product looks and feels like their own — without the hassle of building a native solution. In addition to supporting immediate access to earned income, the full list of services includes employee savings and financial wellness features, off-cycle payroll payment tools and other supporting DailyPay services, such as guaranteed program funding, secure data exchange monitoring and multi-level live domestic employee support.

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The demand for on-demand pay (an employer-based benefit and payroll process also called earned wage access) has grown exponentially due to its proven ability to reduce turnover, promote worker productivity and boost hiring. Given the triple-digit growth in client demand for on-demand pay, HCM, payroll and TMS companies are quickly realizing the need to embrace this new market.

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