Adapting Worker Payments To The On-Demand Era
Some accounts say Roman soldiers were periodically paid for their labors in salt, and while compensation methods have evolved considerably since then, the concept of lump periodic payments has endured. Numerous economic, social and technological trends are rendering this system more outdated, however. Consumers have come to expect on-demand service when they watch movies, make […]
What Gig Workers Want
Consumer research shows they want flexibility in how and how fast they get paid Consumer research shows they want flexibility in how and how fast they get paid Gig workers are used to autonomy and flexibility in when, how and where they work. It’s no surprise they crave that same leeway in how and how […]
Global Payments in the Gig Economy: Capitalizing on a Booming Industry
The gig economy has grown exponentially over the past decade. With flexible work hours and independence, it is no question why freelance work is becoming more attractive to many. According to a 2017 BLS survey, 36 percent of the workforce relied on gig work for some portion of their income in the United States. This […]
New Report: Why 84 Percent Of Paycheck-To-Paycheck Gig Workers Want Early Pay
A growing number of workers are turning to platforms like Uber, TaskRabbit and Upwork to earn extra money – or even to make gig work a main source of income. Yet, while the gig economy is upending many aspects of the traditional employee-employer dynamic, the way gig workers are paid has scarcely kept pace with […]
Gig Workers And The $178B Pay Advance Potential
Unlike the typical worker in the 9 to 5 cycle, gig workers often find themselves living paycheck to paycheck, because they must complete a work assignment before they can collect their earnings. The uncertainty over when (or if) a paycheck will arrive can leave many gig workers with a sense of financial anxiety over their […]
New Lyft Direct debit Mastercard powered by Payfare
New Lyft Direct Mastercard Debit, supports economic security for drivers with improved payout experience and no-fee bank account offering. One-third of the U.S. workforce earns at least part of their income through the gig economy. Today, Mastercard announced an expanded partnership with Lyft to bring Lyft drivers the tools they need to thrive in the […]
i2c Partners With Payfare To Deliver Payment Solutions For On-Demand Drivers And Truckers
REDWOOD CITY, Calif. – January 30, 2018 – i2c, a global provider of smarter payments and integrated commerce solutions, today announced that Payfare, a leading provider of mobile banking and micro-lending solutions for next-generation earners in the cashless, on-demand economy, has selected i2c’s Agile Processing payments platform to deliver prepaid solutions in the United States, […]
Uber and Payfare partner to pay Driver-Partners right away
Meet Saleem, Payfare’s very first user. Saleem is one of over two million Uber Driver-Partners globally. Like many on-demand economy earners, he would like his payments to be deposited quickly to his bank account. As a new immigrant, he does not have access to traditional credit but remains very determined and driven! Thanks to Payfare, […]
