Earned wage access (EWA) programs help consumers get early access to the wages they have earned throughout their pay period so they don’t have to wait until payday. A growing number of EWA companies, such as DailyPay, integrate with employers' payroll systems to enable these solutions.

While EWA is used to obtain an estimated US$9.5 billion in wages annually, there is little documentation about consumers’ experiences and financial outcomes. Aite-Novarica Group recently partnered with DailyPay to survey over 1,000 of its customers to understand the strategies they used before DailyPay; whether DailyPay allowed these customers to avoid costly alternatives, such as payday loans and overdraft fees; and their perceptions of how their overall financial circumstances changed.

Join DailyPay vice president of public policy Matthew Kopko and Aite-Novarica Group senior analyst Leslie Parrish to hear more about this growing market and the findings of the survey.