Dayforce is expanding on-demand pay with new direct to bank capabilities, enabling employees to route their pay directly to any personal bank account ? anytime during a pay cycle ? simply and securely.

With Dayforce?s differentiated direct to bank capabilities, eligible employees can take charge of their finances in a way that?s easy and tailored to their individual needs. In today?s challenging economic climate, providing employees with easy access to available pay in between traditional pay periods is more important than ever, particularly as more than three quarters of American workers report they are living paycheck to paycheck. On-demand pay is a powerful financial tool that enables employees to tap into their available pay instantly, and as needed.

In fact, 80% of Dayforce Wallet users surveyed in a recent SSRS Research Study report feeling financially empowered through access to on-demand pay. Dayforce Wallet?s direct to bank capabilities will enable customers to: Expand visibility to available pay: Employees can view their available pay balances from the Dayforce mobile app, which will offer a dynamic snapshot of their earnings every time they log in. Empower employees with choice: Employees can select their preferred method of access by routing funds free to the Dayforce Wallet Mastercard, or instantly to another personal bank account for a flat fee per transaction.

Provide simple and convenient access: With on-demand pay enabled in the Dayforce mobile app, employees will be able to route available pay with ease using the trusted Dayforce platform. Dayforce?s direct to bank capabilities will be available to eligible U.S. employees in First Quarter 2025.