Accelewage Program
Protect Your Employees From Predatory PayDay Loans
Join some of the largest employers in the US like Walmart and PayPal who have already partnered with earned wage access (EWA) providers to offer their employees early access to their wages.
Take advantage of our NEW white label Software-as-a-Service for financial institutions that automates EWA for employees of select employers.
HOW DOES EWA WORK?
AcceleWage is a Software-as-a-Service (SaaS)
EWA is a financial wellness benefit that gives employees access to part of their earned wages earlier than their normal pay cycle.
Used by some of the largest employers in the U.S. such as PayPal and Walmart, on-demand pay is quickly becoming the standard in payroll benefits and increasingly profitable for providers. Financial institutions have the opportunity to enter this growing multi-million dollar EWA business with competitive advantage of regulated and compliant practices. Through the proven technology of AcceleWage, financial institutions have the opportunity for growth and enhancements with both their employee benefit programs and member product offerings.
Low Cost
Low-cost, fully digital acquisition tool of direct deposit clients
Low Risk Revenue
Source of substantial low-risk fee revenues on EWA and other types of transaction fees
such as interchange fees.
ACCESS TO DATA
Opportunity to acquire business members’ payroll service and grow membership through their employees
FINANCIAL HEALTH
Very positive impact on local communities by improving the financial health of workers.
AcceleWage SaaS Functionalities
With API integrations done in just a few weeks, AcceleWage’s technology links payroll software to the financial institution’s core system
Positive Impact
Improve the quality of life in local communities by improving the financial health of workers:
Boost Employee Morale
Boost employee productivity, motivation, and retention through this enhanced employee benefit.
Better Alternative
A much better alternative to the unattainable terms and conditions set by current predatory PayDay loans.
Impact Investing
Consumer spending to drive US GDP and improve our economic health.
Peace of Mind
Reduces uncertainty in making ends meet, late payments and/or loss of service
Lowered Risk Lending
Setting more realistic payment terms results in increased loan payoffs by employees.
Valuable Solution
Accelewage is a smooth, easy and affordable process – available to our community members.
Address
3939 Osuna Rd Albuquerque, NM 87109 (207) 653 – 8559Jonathan Taylor
jctaylor@cusol.org