No Loans.
No Debt.
JUST EARLY ACCESS!
A proudly South African Earned Wage Access platform that lets employees access a portion of their already-earned pay instantly, promoting financial stability and reducing reliance on debt.
how it works
Employer Onboarding
NowCash collaborates with employers, integrating its platform with their payroll systems to reduce the administrative costs and risks associated with employer loans.
Employee Registration
Employees can access NowCash by completing a simple application, securely verifying their identity in compliance with POPIA, and linking their employer-approved bank account.
Instant Wage Access
NowCash lets employees instantly access up to 25% of their earned wages for a small fee, with the amount automatically deducted from their next paycheck.
Benefits For Employers
Zero Cost Implementation
Integrating NowCash into your payroll system is entirely free of charge, ensuring seamless alignment with payroll standards for a hassle-free experience.
Enhanced Employee Productivity
By alleviating financial stress among employees, NowCash contributes to enhanced focus, increased engagement, and improved overall productivity.
Improved Talent Acquisition and Retention
Offering NowCash as an employee benefit distinguishes your company in South Africa’s competitive job market, helping to attract and retain top-tier talent.
Benefits For Employees
Immediate Access to Earned Income
Employees can access a portion of their earned income before their regular payday through our secure mobile App, with funds deposited into their employer-verified bank account.
Transparent Fees, No Surprises
A straightforward fee structure applies, which may vary based on individual or employer arrangements, always disclosed upfront, with no hidden charges.
Valuable Financial Education
Employees gain access to complimentary financial education resources designed to promote responsible spending and saving habits, helping them to avoid long-term debt and build a strong personal financial foundation.
Unlock your earned wages today - Zero interest, maximum convenience
frequently asked questions
Earned Wage Access (EWA) is a service that enables employees to withdraw money they’ve earned for the days they’ve already worked, giving them more control over their cash flow and helping them meet urgent expenses without relying on credit, such as payday loans or overdrafts.
No. It provides access to already earned income, with the accessed amount deducted from the employee’s next salary payment. As it is already money earned, it is not considered a loan.
Each cash-out incurs a minor service and transaction fee, which may vary based on individual or employer arrangements. There are no interest charges or subscription fees.
Employees in formal, full-time positions with a consistent and predictable payroll cycle are eligible for EWA. This enables the accurate calculation of earned wages and ensures reliable access to funds before their scheduled payday.
NowCash utilises bank-grade encryption and two-factor authentication, ensuring the safeguarding of your personal and financial information.
Employees of companies that have partnered with NowCash are eligible to use the platform. Employer-defined access limits are in place.