The two-week traditional payday is a flawed, albeit widely accepted, system. But it’s time is up. Traditional employers must adjust worker payment to meet today’s preferences with on-demand pay. Players trying to disrupt this flow are faced with integrating to a complex web of providers.
Creating on-demand pay solutions to meet evolving employer and worker demands requires the navigation of a winding web of providers, technologies, and integrations.
On-demand is in-demand, which can increase risk and make it an appealing target for fraud.
Evolving Economy, Evolving Payroll
The current payday system has let many workers down, and fintechs are disrupting the status quo by creating revolutionary Earned Wage Access (EWA) solutions. But enabling the on-demand pay that gives workers the flexibility they need to escape “paycheck to paycheck” living comes with challenges. Qolo helps you solve them.
Gain Competitive Edge
Simplified treasury, easier operations, unified fraud controls, and real-time payment mechanisms.
Simplify Your Tech Stack
Get all the functionality you need to support on-demand pay on a single API-driven platform.
Everything you need to scale and future-proof your solution, including virtual and physical card offerings, tokenization, and fraud and risk management.
Enable on-demand pay seamlessly through a single API set.