Offer instant pay to all workers, attract top talent and reduce staff turnover
In today's world, employees want greater control over when they get paid and how. With ZayZoon Earned Wage Access (EWA), they finally can. ZayZoon is the leading Earned Wage Access solution for small businesses (less than 50 employees). It's a voluntary benefit that reduces financial stress related to cash flow shortfalls between paychecks. With this service, you can offer on-demand pay to your workers instantly...
Read more
In today's world, employees want greater control over when they get paid and how. With ZayZoon Earned Wage Access (EWA), they finally can. ZayZoon is the leading Earned Wage Access solution for small businesses (less than 50 employees). It's a voluntary benefit that reduces financial stress related to cash flow shortfalls between paychecks. With this service, you can offer on-demand pay to your workers instantly at no extra cost. When payday is any day, employees are happier, more productive and likelier to stick around. By saving workers from unexpected expenses, unnecessary late fees and payday loans, Earned Wage Access boosts employee financial wellness. The service integrates seamlessly with RUN Powered by ADP®, so you can start offering employees access to their earned wages in 30 minutes or less.
Read less
Features and Benefits
Free for employers
ZayZoon Earned Wage Access (EWA) doesn’t cost you a cent.
Low fee and free employee payout options
Employees pay a small fee when they use the ZayZoon Earned Wage Access to direct deposit funds into a bank account. Free payout options are also available through the ZayZoon VISA® PrePaid Card or ZayZoon Instant Gift Cards, which offer up to a 20% bonus.
No employer risk or liability
All earned wage access requests are 100% funded by ZayZoon with no risk or liability to the employer. Funds are automatically recovered by ZayZoon on the next pay run.
Use on-demand pay anytime, anywhere
Employees can access and use ZayZoon—anytime, anywhere. It’s available for desktop and mobile on all iOS and Android devices. Employers can use ZayZoon to track employee usage, access promotional resources and drive adoption.
Eliminate overhead and risk of giving cash advances
Over 66% of employees live paycheck to paycheck. Some rely on payday loans to get by or incur bank fees while waiting for their next paycheck. Others might turn to you for a cash advance. Unfortunately, customizing a payroll run can eat up valuable time. With Earned Wage Access, employees get their wages when they need them and you don't need to lift a finger.
24/7/365 support
Tired of talking to bots? Us too. No matter the issue, with ZayZoon you and your employees can always expect to receive service from a real human being. And when it comes to maintaining the app, we do all the heavy lifting, so you can take all the credit.
Reduce turnover and save on hiring costs
According to a recent PwC survey, 20% of employees will quit their job before year’s end. But it doesn’t have to be that way. Businesses have experienced up to a 29% reduction in turnover thanks to Earned Wage Access. In other words, for every 200 employees, you stand to save $19,200 annually on hiring.
Make recruiting easier
It's a tight labor market and candidate expectations are at an all-time high, which can make hiring a challenge. Businesses that offer employee benefits like Earned Wage Access receive 2x more job applicants than those who don’t. Advertise that you offer ZayZoon in job postings to demonstrate your commitment to employee financial health and start attracting top talent.
Reduce employee stress
When employees are financially unwell, they’re less productive and engaged—which impacts your bottom line. 89% of employees say ZayZoon reduces financial stress by covering cash flow shortfalls and providing a free suite of financial wellness tools. Help your employees cover unexpected expenses and avoid the pitfalls of high-interest loans, predatory payday lenders, and high bank overdraft fees.
Improve financial wellness
ZayZoon Financial Wellness offers beginner, intermediate and advanced educational courses and articles covering everything from opening your first bank account to building credit. It also includes easy-to-use budgeting and home affordability tools, a retirement analyzer and more. As employees engage with the platform, their financial literacy score increases—and so does their financial wellbeing. Employees can even create notifications to alert them when they're at risk of incurring minimum balance or overdraft fees. That way, they can avoid unnecessary expenses and stress.
Offer something employees need now
On average, 30% of employees sign-up for ZayZoon, and 98% of early wage requests are used to cover necessities, like gas and food. You've spent countless hours and dollars offering employee benefit programs that workers don't use. In just half an hour, you can empower them with Earned Wage Access and provide them with something they need right now.
Security you can trust
When it comes to security, we provide a safe and trustworthy place for your data. We maintain SOC 2 Type II compliance and are regularly evaluated by auditors with the American Institute of Certified Public Accountants (AICPA).
Give your employees a $5 bonus for gas
Activate ZayZoon and give employees access to a 5% bonus on gas. First time, Gas Card payouts are eligible for an additional $5 bonus!
*ZayZoon will apply the initial $5 bonus (and 5% bonus thereafter) for all employees who select the Gas Card payout method when they access their earned wages with ZayZoon.
*ZayZoon will apply the initial $5 bonus (and 5% bonus thereafter) for all employees who select the Gas Card payout method when they access their earned wages with ZayZoon.
Free Financial Education
Every employee, not just Earned Wage Access customers, get access to ZayZoon Financial Education through our financial wellness platform that also includes predictive financial tools and customized notifications to alert them when they're at risk of incurring minimum balance or overdraft fees.
ZayZoon Perks
Exclusive money saving opportunities. Give employees access to savings where they are already spending. Perks are curated based on what ZayZoon's customer research indicates the greatest saving needs are. All ZayZoon customers get access to savings on everyday necessities like prescriptions, groceries, car costs and more.
Access for ALL employees
ZayZoon does not limit access to hourly employees and does not require employees to be using RUN Powered by ADP® for timesheets. As long as employees are in RUN Powered by ADP® and have payroll data, they can sign up for and access on-demand pay.
Best in-class support
ZayZoon does all employee support and we maintain a 4.9 consumer review rating for customers. We have an over 80% customer satisfaction rate, 5 min response time and a 20 min inquiry resolution rate. These are best in-class numbers for a real-time finance product.
ADP Marketplace Partner Award Winner
ZayZoon, an Earned Wage Access provider for small and midsize businesses, has been awarded Partner of the Year at the 2023 ADP Marketplace Partner Summit. ZayZoon's commitment to delivering innovative solutions and excellent customer service earned them the highest partner level in the ADP Marketplace Partner Program. At last year's summit, the company was awarded the 2022 Rising Star Award.
The services are provided by an independent third party and not provided by ADP and ADP is not responsible for such third party’s products or services.
