Wagestream

What is Wagestream?

Wagestream is an innovative financial wellbeing platform that enables employees to access their earned wages instantly through a user-friendly app. With no fees for employers, it offers a seamless integration with existing payroll systems, making it easy to implement. Employees can withdraw their wages as needed, with options for instant transfers and free next business day transfers. Wagestream also includes budgeting tools and FDIC-insured savings accounts, empowering employees to manage their finances effectively. By providing flexible pay solutions, Wagestream enhances financial stability, reduces stress, and fosters a supportive workplace culture, ultimately driving higher employee satisfaction and retention.

What are the benefits of using Wagestream?

With Wagestream businesses and their employees gain: 

• Instant Access to Earned Wages: Employees can access earned wages anytime, reducing financial stress. 
• Flexible Payment Options: Employees can choose between instant transfers for a small fee or free next business day transfers, allowing them to manage cash flow according to their needs
• No Employer Fees: Employers incur no setup, monthly, or transaction fees. 
• Seamless Integration: Easily integrates with existing payroll systems, minimizing disruption and ensuring a smooth rollout. 
• Financial Wellbeing Tools: Employees gain access to tools that help them manage their finances, including budgeting tools 
• Interest-Bearing Savings Accounts: Employees can save while they spend with an FDIC-insured savings account, enhancing their financial security. 
• Enhanced Employee Satisfaction: Demonstrate a commitment to employee wellbeing, leading to higher morale and improved retention rates. 
• Proactive Support: Provide continuous assistance to both employers and employees, ensuring any questions or issues are promptly addressed. 

How does the app work?

Integration coming soon!

Wagestream provides employees with instant access to their earned wages through a user-friendly app. Employees can view their earned income in real-time and choose to withdraw funds whenever needed. There are two options for accessing wages: instant transfers for a small fee and free next business day transfers, allowing for flexible financial management. 

Employers benefit from a seamless integration process, enabling Wagestream to connect with existing payroll systems. Once integrated, the platform operates without any costs to the employer, ensuring a hassle-free implementation. Employees can also take advantage of budgeting tools and interest-bearing, FDIC-insured savings accounts to enhance their financial wellbeing.  

If you are an employer currently using this app and have questions about the integration, please contact your isolved Customer Service Representative.

If you are an employer interested in learning more about this app, please use the Contact Us button above to be connected.