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Payactiv Review

3

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Excellent

Revainrating 5 out of 5  
Rating 
5.0
HR, Financial Wellness

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Description of Payactiv

Payactiv, a Public Benefit Corporation and Certified B-Corp, is a holistic financial-wellness platform that provides employees on-demand access to earned but unpaid wages. Businesses that partner with Payactiv see significant cost reductions through increased recruitment, engagement and retention. Employees love Payactiv because it eliminates the expensive between-paychecks toll of payday loans, bank overdrafts and late fees. Payactiv offers a suite of financial services that include savings and budgeting tools, bill payment and financial-health measurement. Payactiv is the winner of the Innovative Payments Association’s Consumer Champion Award, a Finovate winner and finalist, and the recipient of numerous best-in-class awards in both FinTech & HRTech. It is also the provider of Earned Wage Access to Walmart and the only EWA Program with an approval order from CFPB. In 2020, Payactiv released a short film titled, "We Heard You." Learn more at www.payactiv.com.

Reviews

Global ratings 3
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Type of review

Revainrating 5 out of 5

Best site ever!!! Very user friendly & simple

The website makes applying for money very easy! I just fill out my info once then can go back anytime later if needed as well so no worries about having too many apps at one time or needing another email address/phone number etc.. This has made our payroll process much easier than before especially when we are short staffed since not everyone gets paid every week!! Nothing really other people haven't mentioned above which this was helpful enough already being ablet o apply online instead…

Pros
  • Allows you complete control over your employees' paychecks including direct deposit options into bank accounts directly within software platform without any additional steps required by employee(s) such that there's nothing else left but simply click "Appro
Cons
  • There are nuances

Revainrating 5 out of 5

CashEdge - The Best Way to Get Your Pay Stub Directly Into Online Banking

I like how easy this service makes saving money for me! My paycheck comes out every 2 weeks so all my paystubs are right there waiting when i get paid each time which saves tons off paper work at tax season as well!! There really isn't anything bad about using their program its simple enough anyone can use without any problems or confusion whatsover. If you need help setting up your account make sure they have someone available who knows everything before signing into online banking otherwise…

Pros
  • Its super convenient to access it anytime from anywhere with an Internet connection
  • Allows us instant savings that goes towards bills, extra spending cash
  • Easy setup process once done is very intuitive in terms
Cons
  • Some little things

Revainrating 5 out of 5

Easy to use, but needs update features and better training

I like how easy this system makes my payroll process! The app allows me so many different ways for keeping track of pay periods/allowing overtime as well (using Google docs) which saves time at our office when doing paper checks since we no longer have those around anymore!! Nothing about the software really - there are times where you hit what seems random buttons or just want your screen real estate back haha :). However these issues can be easily fixed if they get some new updates out soon…

Pros
  • It is super convenient because its mobile friendly allowing flexibility while working from home ! Also able access anywhere online through internet connections making sure employees' hours were tracked correctly even though off site locations.
Cons
  • Nothing