FloatPays

FloatPays gives users a way to view available wages they have already earned and request access to a percentage before payday. It is intended for situations when money is needed before the next scheduled pay date, including unexpected expenses or everyday costs. The service depends on an employer registering with FloatPays and integrating it with its payroll provider.

Checking available earned wages

After the employer-side setup, a user can register in the app and activate an account. FloatPays then displays the available funds associated with earned wages. The app describes the money as wages already earned but not yet paid; it is not presented as a loan. The amount available is limited to a percentage of those wages, rather than being described as access to an entire future paycheck.

Users can check the displayed available funds and decide whether to request a withdrawal. The source says withdrawals do not require separate employer approval. This does not remove the employer registration and payroll integration requirement for accessing the service in the first place.

Withdrawals and fees

When a user requests a withdrawal, the payment is made directly to their bank account, according to the app description. The source does not specify a transfer timeframe or explain how the available percentage is calculated, so those details cannot be inferred from the described features.

FloatPays charges a transaction fee for each withdrawal. The fee is shown upfront before the user confirms the request, allowing them to review the charge before proceeding. The description states that there are no interest charges because the withdrawal is access to earned wages rather than a loan. Its statement that the app is free to use should be read alongside the per-withdrawal transaction fee.