Unlike some pay day loan apps, PayActiv is not one thing you utilize all on your own.

rather, your manager offers it for your requirements as an advantage. Its core function is really what it calls “earned wage access,” or EWA, which will be the capacity to gather your wages when you make them.

PayActiv enables you to gather as much as 50per cent of any wages you’ve currently gained, as much as no more than $500. Transfer the amount of money to your money, utilize it to pay for bills online, move it up to a card that is prepaid and sometimes even get it in money through a particular PayActiv ATM. The application charges a fee that is flat of $0 and $5, based on your employer’s system, every time you put it to use.