What Is Payactiv (Payactive)? Earned Wage Access Explained
People often type “payactive” when they mean Payactiv. Either way, the question is the same: what is Payactiv, and how does earned wage access (EWA) actually work?
What is Payactiv?
Payactiv is typically positioned as an earned wage access solution—letting employees access wages they’ve already earned before payday. The exact experience can vary by employer setup.
How EWA usually works (high level)
- Work hours accrue earnings during the pay cycle.
- An EWA provider calculates an eligible portion of those earnings.
- The employee pulls funds; repayment is commonly aligned with payday.
Fees and timing to check
- Instant vs standard delivery: instant transfers may cost extra.
- Repayment timing: watch for weekends/holidays and ACH windows.
- Employer sponsorship: some employers cover fees; others pass them to employees.
Employer integration basics
For employers, the biggest work is payroll/timekeeping mapping, funding flow decisions, and employee communication. Implementation quality strongly affects reliability.
FAQs
Is EWA a loan? Often it’s framed as access to earned wages, but users should still evaluate the total cost and repayment timing.
Will it help with overdrafts? It can if used to bridge timing gaps, but frequent use without a buffer can create a cycle.
Internal links
- On-Demand Pay Benefits (2025 Data)
- Employer Integration Checklist
- Repayment Timing (Weekends, Holidays)
- EWA vs Payday Cost Breakdown
Informational only. Not affiliated with Payactiv.