Nobody likes waiting to get paid.
In today’s on-demand economy, workers expect to get paid as quickly as possible. Companies like Uber, Lyft and DoorDash have normalized the idea that earned money should be available to workers once they’ve completed a delivery or a drop-off. But even people who don’t do gig work use consumer apps like Venmo and wonder why paying for things is so fast while worker pay is still stupid slow.
To help companies meet the expectations of modern workers, we’re happy to introduce the Everee Visa Pay Card, powered by the Visa network, that makes earned money immediately available to both 1099 contractors and W2 employees, at no cost to employers.
Using this card, companies can offer instant payouts of earnings, tips, commissions, bonuses and more — all without spending a penny.
In today’s tough economy, the Everee Visa Pay Card can help companies improve their margins while differentiating their business from competitors that can’t pay as fast.
Take the delivery industry, for example. After dropping off a package, with Everee a delivery driver can have funds in their account before they get back to their car. As a result, the driver can cover gas costs and other necessities immediately, since our card is available to use anywhere Visa debit cards are accepted.
The card is quick and easy to implement. Once a business opts in, workers can sign up for a card during the onboarding process; there aren’t any approval hoops to jump through to participate, and workers will receive a virtual card right away while they wait for their physical card. Workers can even add their card to their preferred digital wallet — such as Google Pay, Apple Pay, or Samsung Wallet — giving them fast access to earnings and pay history.
Of course, we know that pay cards aren’t for everyone. Everee is all about choice. We’re leading the industry in offering the most options for how workers get paid. In addition to our new pay card, we also offer payments made via same-day ACH, instant deposits via personal debit cards and even deposits to apps like Cash App. Our goal is to give workers their earnings as they earn it–wherever and however they want.
Since our inception, Everee has always been laser-focused on fast pay. With the arrival of the Everee Visa Pay Card, we’re incredibly thrilled to be able to deliver on our mission in a way that’s cost-effective for employers and makes instant pay a reality for workers.
To learn more about the Everee Visa Pay Card or to sign up for the program, contact us today.
The Everee Visa® Pay Card is issued by The Bancorp Bank, N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc and can be used everywhere Visa debit cards are accepted.
Opinions, advice, services, or other information or content expressed or contributed here by customers, users, or others, are those of the respective author(s) or contributor(s) and do not necessarily state or reflect those of The Bancorp Bank, N.A. (“Bank”). Bank is not responsible for the accuracy of any content provided by author(s) or contributor(s).
