Instant Financial, a leader in responsible earned wage access (EWA), electronic tips, and paycard solutions, has introduced its new mobile app and enhanced mobile wallet functionality. This new release aims to provide employees with a faster and more secure app experience, giving them greater flexibility in how they receive their pay.
Research shows that over 50% of Americans would benefit from instant access to a portion of their pay after each workday. Instant’s mobile app is bridging this financial gap by empowering employees with direct financial control.
The beta version of Instant’s app was unveiled in October at the 2023 HR Tech Conference & Expo, showcasing the app’s new capabilities and functionalities. The new mobile app is designed with accessibility and financial freedom in mind and introduces innovative features such as faster access to earned wages, modern security features like biometrics and encryption, flexible payment options, clear and informative design, and a new technology framework for improved responsiveness and additional features.
Tal Clark, CEO of Instant Financial, stated, “Employee demands for accessing their wages are evolving, and our new app is meeting those needs head-on. Whether it’s to cover unexpected expenses, avoid predatory loans, or simply have more control over their finances, Instant continues to revolutionize the payment process.”
The enhanced mobile app aligns with Instant’s mission of delivering pay to employees with freedom and flexibility, all without any fees. For workers whose employers have adopted Instant’s EWA solutions, the new mobile app is available for download on both the Apple App Store and Google Play Store.
Instant Financial is dedicated to providing financial freedom to millions of workers in the United States through its earned wage access solutions. By enabling employees to access their wages immediately after their shift, Instant Financial helps organizations improve retention and reduce absenteeism, while empowering employees to take control of their financial wellness. Learn more about Instant Financial at www.instant.co.
