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Earned Wage Access by Advanto is an innovative solution that allows employees to access a portion of their earned wages at any time, without waiting for payday. Through the mobile and web app, employees can withdraw up to 50% of their earned wages, which are transferred to their bank accounts within two business days. The instant withdrawal option enables transfers on the same day. 

The available amount for withdrawal is calculated based on hours worked, ensuring employees can only access what they’ve earned. The product has no impact on the company’s cash flow – Advanto handles the payouts, and at the end of the month, an invoice is issued for the advances provided. 

With Earned Wage Access, you eliminate the administrative burden of salary advances. Only one data export is needed monthly, and the rest operates automatically.