Instant Financial is at the forefront of earned wage access and flexible employee pay solutions, providing businesses with innovative tools to enhance financial wellness for their teams. By offering convenient and on-demand access to earnings, Instant Financial allows employees to take control of their finances—enabling them to choose when, where, and how they receive their pay. This unique approach to financial benefits supports employees’ overall financial stability and wellness, which translates to a happier, more committed workforce.
As a one-stop provider of flexible pay solutions, Instant Financial offers earned wage access, digital employee tips, and electronic paycards. These financial benefits are designed to help companies modernize their employee benefits package, making it easier to attract top talent and retain a dedicated team. Offering earned wage access also empowers employees with the freedom to access their pay when they need it, a benefit that aligns with today’s workforce demands and expectations.
Employers who provide flexible, fee-free pay options see tangible advantages that contribute directly to their success. With Instant Financial, businesses enjoy:
A 30% increase in job applicants, attracting a larger pool of talent
25% lower absenteeism, as employees feel more financially supported and engaged
20% lower turnover rates, fostering a more loyal, committed team
Boost your organization’s employee benefits with financial wellness solutions from Instant Financial. Visit instant.co to learn more about how earned wage access and flexible pay options can help you build a stronger, more satisfied workforce.
Seller
Instant FinancialLanguages Supported
English
Product Description
Instant Financial is a pioneering fintech company dedicated to modernizing employee compensation through fee-free earned wage access (EWA solutions. By enabling employees to access their earned wages immediately after each shift, Instant Financial empowers workers with greater financial flexibility and control, reducing reliance on high-cost credit options and fostering overall financial wellness. This approach not only benefits employees but also aids employers in improving retention, productivity, and engagement within their workforce.
Key Features and Functionality:
- Instant Pay: Allows employees to access a portion of their earned wages before the traditional payday without fees.
- Instant Tips: Enables real-time, electronic distribution of tips, eliminating the need for cash handling and enhancing staff safety.
- Instant Card: Provides a paycard solution that employees can use to access their wages, make purchases anywhere Visa® is accepted, and withdraw cash from over 40,000 surcharge-free ATMs.
- Instant Miles: Offers immediate reimbursement for mileage driven, with a clear audit trail and no integration required, allowing businesses to go live in days.
Primary Value and Solutions Provided:
Instant Financial addresses the critical need for timely wage access among hourly workers, thereby reducing financial stress and enhancing overall employee satisfaction. For employers, offering Instant's EWA solutions has been associated with a 27% reduction in turnover, a 30% increase in job applicants, and a 25% reduction in absenteeism. By integrating seamlessly with existing payroll systems and ensuring compliance with wage and labor laws across all 50 states, Instant Financial provides a straightforward, cost-effective solution that benefits both employees and employers alike.
Overview by
Ksenia Steidel (Marketing Specialist)
