What are the different types of earned wage access?

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What are the different types of earned wage access?

Rounding it up

  • Earned Wage Access (EWA) can help you pay bills and make ends meet if your pay cycle and bill cycle don’t exactly match.

  • Employers can offer EWA programs, usually through a third-party company.

  • KOHO offers an EWA program as well, called Instant Pay. With it, you can access up to 50% of your daily pay on a daily basis.

  • If signing up for an EWA plan, make sure you’re aware of any associated fees and how the provider will deliver your money. Plus, remember to budget accordingly.

6 min read

Dan Bucherer
#earned wage access#EWA#instant pay#early payroll

Dan Bucherer

Dan is a runner and writer living in the Washington, D.C. area, where he currently works for a financial services trade association as the Communications Director.

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