Paycor HCM, Inc. unveiled its latest mobile capability, Paycor Wallet. The newest innovation gives employees the flexibility to access earned wages and pay card information through a fully digital wallet. The mobile wallet will also feature a host of other resources including financial wellness tools.

Paycor has partnered with Payactiv, a leading earned wage access and financial wellness platform, to launch Paycor Wallet. The new features will be available to all customers beginning in September. Paycor Wallet features the new exclusive Paycor Visa Card which will be available to all Paycor mobile app users.

The mobile app will allow users to receive their pay directly into the mobile wallet, while also empowering them with financial literacy tools. Paycor Wallet makes it easier for employees to use Paycor's existing OnDemand Pay platform, which allows early access to a portion of earned wages before payday. Key product features include: Faster access to pay with up to two-day early direct deposit into the Paycor Visa Card.

Financial wellness resources like budgeting tools, goal-based savings, discount marketplace and direct bill pay. Fully mobile format with secure biometric data and push notifications. Streamlined Earned Wage Access (EWA) through OnDemand Pay giving employees the flexibility of accessing a portion of their earned wages to cover costs before payday.

No cost EWA to employees using a Paycor Visa Card with Direct Deposit. Wages accessed through the Paycor Wallet can also be transferred to other bank accounts, loaded onto other debit cards, or withdrawn as cash. New Paycor customers will receive Paycor Wallet automatically, while existing customers will begin to see Paycor Wallet starting in September.