OnShift announced Tuesday another way for employers to offer workers access to earned but unpaid wages as well as a direct deposit option to give earned wages to those without bank accounts.
The OnShift Wallet Visa Prepaid Card is an enhancement to the OnShift Wallet app, made possible through a partnership with employee financial wellness software company PayActiv.
“Senior care providers are going head-to-head for talent with big box companies, major retailers and other organizations that innovate in how they hire and keep employees,” OnShift CEO Mark Woodka said in a statement. “The only way for providers to win the competition for talent is by offering modern, employee-centric services that accommodate the needs of today’s worker.”
The prepaid card allows employees to check their account balances and manage their accounts through the OnShift Wallet app anytime, anywhere. Employees can access their funds, including their standard paychecks and potentially their earned but unpaid wages, in real time. There are no fees to enroll or to withdraw cash at any MoneyPass ATM in the United States.
With OnShift Wallet, employers now have three options to pay their employees: direct deposit, bank transfer and the prepaid card