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About

MyPayNow is a financial technology company revolutionizing the traditional pay cycle by offering employees instant access to their earned wages. Through their user-friendly mobile application, individuals can access up to 25% of their paycheck in advance, with a maximum limit of $2,000 per pay cycle. The process is straightforward: users create an account, provide employment and salary details, and upon approval, can request the desired amount. Funds are deposited into the user's bank account within 60 seconds, 24/7, utilizing the New Payments Platform (NPP) technology. Repayments are automatically deducted from the next paycheck, with flexible payment options available for up to 62 days. MyPayNow operates independently of employers, requiring no involvement from them, and does not conduct credit checks, ensuring that credit scores remain unaffected. The platform employs advanced artificial intelligence to assess financial behavior.

About

It's easy to set up and it doesn't cost your business anything extra. Don't live in the past, use Rain - the now way to pay! Fees for payday loans, credit cards, overdrafts, and low balances add up. 72% of Americans who are living paycheck-to-paycheck could benefit from early wage access. We offer our service free to employers who offer Rain to their people as a voluntary financial wellness benefit. Rain easily integrates with most payroll systems; your payroll team will not need to spend extra time or resources managing Rain. Zero fees & zero hassle for your payroll team. Through the Rain smartphone app, your people can access up to half of their earned-wage on-demand anytime. Each time an employee withdraws her/his earned-wage through the Rain app, we charge a small fee similar to an ATM fee. Ask us about our new zero-fee option.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Not Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Audience

Employees looking for a solution to get a portion of their earned wages to manage unforeseen expenses

Audience

Companies that need an earned wage access platform for their employees

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

Free
Free Version Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • With current staffing struggles, Rain is giving us a way for associates to get paid prior to payday in case of emergencies. This form of instant pay has helped increase staffing. From a company standpoint, you can set the limits and parameters of its use.

Cons

  • You have to work with your payroll provider to set up the deduction codes and integrations. Depending on your payroll provider this could take some time.

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Supported

Training

Documentation Not Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

MyPayNow
Founded: 2019
Australia
mypaynow.com.au

Company Information

Rain
Founded: 2019
United States
www.rainapp.com

Alternatives

Alternatives

RetailEdge

RetailEdge

High Meadow Business Solutions

Categories

Cash Advance Supported
Earned Wage Access Supported

Categories

Earned Wage Access Supported
Financial Wellness Supported
Payroll Supported

Integrations

ITCS WebClock Not Supported

Integrations

ITCS WebClock Supported
Claim MyPayNow and update features and information
Claim MyPayNow and update features and information
Claim Rain and update features and information
Claim Rain and update features and information