Instant Financial vs. Payactiv

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Instant Financial
Score 0.0 out of 10
N/A
Instant Financial is an Earned Wage Access platform that gives employees access to their pay immediately after each shift. Instant enables employers to help their workforces kick the stress of daily finances so they can focus on the job at hand.N/A
Payactiv
Score 8.0 out of 10
N/A
Payactiv, headquartered in San Jose, offers their eponymous platform to enable employees to get financial relief between paychecks, a service the vendor states is needed by two-thirds of the workforce. They give businesses the tools essential to ease the financial stress of their employees and build a higher performing workforce.N/A
Pricing
Instant FinancialPayactiv
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Instant FinancialPayactiv
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Instant FinancialPayactiv
User Ratings
Instant FinancialPayactiv
Likelihood to Recommend
-
(0 ratings)
10.0
(0 ratings)
User Testimonials
Instant FinancialPayactiv
Likelihood to Recommend
No answers on this topic
Ours is a service industry and not a high-paying one. Staff and this level of employment don't always have funds available for even minor problems, like a car repair. PayActiv enables them to get the funds they need in situations like that without even [having] to talk to the office.
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Pros
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  • It is seamless for me and my office staff
  • In all the time we have used it we have never had a problem or issue
  • Does not cost me any time or money
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Cons
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  • I have no suggestions for improvement, it's never been a problem for my office staff and we have never had a complaint from the field staff, which is most of our employees.
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Alternatives Considered
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I think Pay Activ is the only tool really we need as a company since it has more than just early access to money but can provide other tools to help you in your financial situation
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Return on Investment
No answers on this topic
  • Sorry, not something we track, but I believe it has an impact on worker dignity, they don't have to come to me hat in hand ask for an advance.
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