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What is MyPayNow?

MyPayNow is an innovative fintech company that is revolutionizing the traditional payroll model by allowing workers to access a portion of their earned wages instantly. With a user-friendly mobile application, employees can withdraw as much as 25% of their earnings beforehand, limited to $2,000 per pay cycle. The sign-up process is straightforward: users simply input their employment details and salary, and once verified, they can request their desired funds. Money is transferred rapidly into the user's bank account, often in as little as 60 seconds, thanks to the efficiency of New Payments Platform (NPP) technology, which operates around the clock. Repayment is hassle-free, with automatic deductions taken from the next paycheck, and the repayment duration can be stretched for up to 62 days for added flexibility. Importantly, MyPayNow operates independently from employers, requiring no involvement from them and avoiding credit checks, thereby protecting users' credit scores. Additionally, the platform employs advanced artificial intelligence to scrutinize users' spending behaviors, which further refines its service capabilities. This modern solution not only enhances financial access for workers but also encourages improved financial literacy and management practices. By addressing cash flow challenges, MyPayNow empowers employees to make more informed financial decisions.

What is FloatMe?

FloatMe is a cutting-edge financial app designed to help users acquire, oversee, and save money effectively. The platform offers quick cash advances, known as "floats," which can provide up to $50 for newcomers, with most funds accessible within a three-day timeframe. For users who require funds instantly, expedited transfers can be arranged in mere minutes for a small fee. Notably, FloatMe eliminates the need for credit checks, ensuring that users' credit scores remain intact and undisturbed. Additionally, the app features overdraft risk alerts to assist users in steering clear of excessive overdraft charges, alongside a Financial Forecast tool that predicts future balances based on regular spending and upcoming paydays. FloatMe employs Plaid to create secure connections with users' bank accounts, utilizing stringent security measures to protect personal information. Furthermore, members can take advantage of exclusive deals through a growing network of over 40 partners, all aimed at aiding users in saving or earning extra money. With its intuitive design and helpful functionalities, FloatMe is committed to empowering users to actively manage and improve their financial wellbeing, making it a valuable resource for anyone looking to enhance their financial literacy and stability.

Media

Media

Integrations Supported

Plaid

Integrations Supported

Plaid

API Availability

Has API

API Availability

Has API

Pricing Information

Free
Free Trial Offered?
Free Version

Pricing Information

$3.99 per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

MyPayNow

Date Founded

2019

Company Location

Australia

Company Website

mypaynow.com.au

Company Facts

Organization Name

FloatMe

Company Location

United States

Company Website

www.floatme.com

Categories and Features

Categories and Features

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