Consumers in the latest PYMNTS survey said their finances are particularly tight at specific times of the year. In Q3, for example, 19% of U.S. consumers said they had issues paying bills and looking ahead, the situation is about to get tighter especially around the holidays
Nearly half of all consumers living paycheck-to-paycheck, and even a third of all consumers who aren’t will experience particularly high levels of financial stress over the holiday season
EWA is One of the Fastest Growing Employee Benefits Today & Proven to Help Reduce Financial Stress By As Much As 75%
Earned Wage Access (EWA) is a new FinTech Payday solution whereby employees can now get paid on a daily basis. EWA allows your staff to better budget their monthly cash flow, pay bills on time and improve their overall financial health and is proven to help save your employees money
EWA can help reduce your own financial stress by reducing employee turnover by as much as 36% and improving morale by as much as 38%, freeing up your time and saving you as much as $350,000 in payroll related savings
