- DailyPay and Carahsoft Technology Corp. have announced a partnership to bring earned wage access (EWA) to the Public Sector.
- Partnership Overview: Carahsoft will serve as DailyPay’s Master Government Aggregator, offering EWA solutions via NASPO ValuePoint, TIPS, and OMNIA Partners contracts.
- Benefits for Public Sector: DailyPay’s EWA platform enhances financial wellness, boosts employee performance, and supports retention and productivity.
- Integration and Benefits: Integrates seamlessly with existing payroll systems, empowering employees with financial control and providing tools for budgeting and savings.
- Industry Impact: Supports diverse industries, improving hiring and retention by meeting modern workforce preferences.
- Financial Wellness: Enables timely bill payments, reducing reliance on overdrafts, high-interest credit, and payday loans.
- The partnership aims to democratize access to financial wellness tools for civil servants and military personnel, aligning with DailyPay’s mission.