From the mouth of an employee who participated in our Canadian market research: "It's not that I need a loan, I just need access to what I've already worked for." If this is you, ProsperPay’s earned wage access (EWA) to designed to give you the flexibility to draw your money when you need it most.
EWA is exactly what it says it is = allows you to access funds based on already earned wages that have not yet been deposited into your account, helping smooth out cash flow between payroll cycles.
It’s not a loan. No interest, no recourse, no credit check. It’s simply getting your salary paid out before the company’s scheduled payday so you can manage your spending and avoid getting into debt.
Studies show that EWA reduces people’s reliance on high-cost credit and increases net income by 11.5%, strengthening financial security. Less stress and no harmful borrowing spirals are the ingredients for improved financial wellbeing.
EWA is soon set to become a non-negotiable employment benefit. If your employer doesn’t yet offer it, tag them on our website and we will reach out to them to let them know that their employees have spoken.
References:
Financial Technology Association: https://www.ftassociation.org/just-the-facts-earned-wage-access/
https://assets.ctfassets.net/9bmss1jcvj9u/5EJKZ88JUrOs3pDQHmoIs9/0f27191ba836ae29c0ae7a453e2821b2/Davis_Impacts_of_Earned_Wage_Access_2025_Final.pdf