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Non-Tech : Visa Inc. (NYSE: V)
V 355.14+0.5%9:30 AM EST

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From: JakeStraw3/7/2019 8:07:51 AM
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Visa and PayActiv Join Forces to Offer On-Demand Access to Earned Wages Disbursed by PayActiv
investor.visa.com
“Visa Direct is helping to power a fundamental shift in how employees access wages they have already earned, outside of the traditional two-week payroll cycle,” said Cecilia Frew, SVP Global Commercialization of Visa Direct, Visa. “We are proud to be partnering with PayActiv to offer additional choice and flexibility to employers and employees when managing their financial well-being.”

With on-demand access to earned wages from PayActiv and the ability to receive them in real-time through Visa Direct, eligible employees can unlock the benefits that real-time access to funds provide and participating employers can have a competitive advantage and incentive to attract and engage employees. By implementing Visa Direct, PayActiv is able to give users real-time access to PayActiv’s on-demand payroll program, and allows employers to quickly implement the solution, with little to no set-up costs.
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