Pinoy startup ‘Payday Today’ lets employees get their earned money in advance [Video]

Payday Today is a new app by fintech startup Goodapps, backed by the Department of Science and Technology (DOST), that allows employees to get their salary in advance to help them manage their financials better and limit the need for loans.

As explained on its official website, Payday Today is an earned wage access (EWA) program part of the GoodKredit platform. EWA is a service that allows employees to receive their accrued daily wages whenever they want within the pay cycle.

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The app lets employees access their accrued earned daily wage. Employers can also set a fixed amount of allowable funds their employees can request and withdraw.

It also has a Credit Line feature that offers flexible loans to coop members. Payfund is also a feature, a disbursement tool …