What is earned wage access?

Back to learn

What is earned wage access?

Rounding it up

  • Earned wage access (EWA) gives you an interest-free advance on your wages so you can pay bills on time and overcome financial emergencies.

  • Thanks to its more sustainable model, EWA is a great alternative to predatory payday loans.

  • Some are skeptical about EWA, arguing that users can end up relying on the EWA advance.

  • As long as you stay on top of your budgeting, EWA can be an incredibly valuable tool.

7 min read

Cedric Jackson
#earned wage access#EWA#instant pay#early payroll#payroll

Cedric Jackson

Cedric Jackson is a crypto writer, sharing his experience to educate and inform people about Bitcoin, cryptocurrency, and blockchain technology, aiming to provide a global perspective on the events shaping the development of the new crypto economy.

Recent Articles

Upcoming trip? Here's why you should use a prepaid Visa card for travel purchases

Do I need renter's insurance in Canada?

How much should Canadians save for retirement?

What is value added tax? Is there VAT in Canada?

Is it more expensive to live in Canada or the US?

Should I keep accounts at multiple banks?

Related articles

What are the pros and cons of earned wage access?

5 mins

Ryan Severance

Looking to hire more employees? Here’s how Earned Wage Access can help you attract the best talent for your business.

What are the pros and cons of earned wage access?

5 mins

Ryan Severance

Looking to hire more employees? Here’s how Earned Wage Access can help you attract the best talent for your business.

#earned wage access

#EWA

#instant pay

#early payroll

#payroll

Company

AboutCareersCultureLearnPartnersTravelStatus

Connect

The KOHO Visa* Prepaid card is issued by Peoples Trust Company pursuant to license by Visa Int. *Trademark of Visa Int., used under license. **These services are provided by Service Providers, including Visa, Peoples Trust Company and Galileo Processing. Learn more about your finances with Visa Practical Money Skills.