Suppose an employee has a salary of 1,000$ per month. If the employer sets this filter at 50%, the employee can only withdraw up to 500$ on Payflow. Makes sense?
Also, bear in mind that our average user in Spain takes out 50$, whilst their salary is >1,000$. We also regularly survey users to see chat reasons they make withdrawals for. Our conclusion is users are taking small portions of their salary to cover unexpected expense.
It’s so much better than paying for an expensive overdraft!
100 years ago, people were paid just after they worked. There are two reasons why that stopped being the case. Firstly, it’s a lot of work for the company. Secondly, it’s worse for the company’s cash flow. As others have also replied, the first is most significant.
Below are the top few products that turn up in a Google search for "on-demand pay". None have the circle-focused branding that you copied from Wagestream, and none (except Payflow) are synonyms for Wagestream.
A suggestion: you seem to recognize that it's too late to deny that you copied Wagestream's branding wholesale. Commenting repeatedly on this thread implicitly acknowledging the fact while not addressing it head on is not a good look.
