Even Instapay

Even Instapay, offered by ONE Finance, Inc., is a feature of the ONE@Work app that aims to provide employees with financial flexibility. According to the vendor, this feature allows users to access a portion of their paycheck before the scheduled payday, helping them cover unexpected expenses or manage cash flow. While the specific target company size is not mentioned, Even Instapay is said to be beneficial for various professions and industries, including retail workers, restaurant workers, healthcare workers, gig economy workers, and service industry workers.

Key Features

Instapay: According to the vendor, users can access a portion of their paycheck before the scheduled payday, providing financial flexibility to cover unexpected expenses or manage cash flow. The vendor claims that there are no loans or hidden interest charges associated with Instapay. Instapay and free instant deposits are said to be available in most states if the user's employer has enabled this benefit.

Free Instant Deposits: The vendor states that users can receive their Instapay in seconds, for free, if their employer has configured this benefit in the app. This feature is said to provide convenient and quick access to funds without any additional fees.

Automatic Savings: The vendor claims that users can choose a percentage of their paycheck to be automatically deducted and saved. This feature is said to help users build savings effortlessly by setting aside a portion of their earnings. Users are reportedly able to pause, adjust, or withdraw their automatic savings at any time. The automatic savings feature is said to be powered by Coastal Community Bank, member FDIC, or Cross River Bank, member FDIC.

Budgeting Assistance: By connecting their bank account, users can reportedly utilize ONE@Work's budgeting feature. According to the vendor, the app automatically detects monthly expenses and helps users calculate what is okay to spend. This feature is said to provide users with a clear overview of their expenses and help them make informed financial decisions.

Earnings Tracking: Users can reportedly view their work schedule and track how much they will earn per shift and per paycheck. This feature is said to eliminate the guesswork and allow users to have a clear understanding of their expected earnings. The vendor claims that it provides transparency and helps users manage their finances effectively.