An earned wage access (EWA) solution allows employees to access a portion of their earned wages at any time during the month, rather than borrowing from their employer or taking out unsecured loans to cover living expenses, says EWA financial technology organisation Paymenow co-founder and MD Deon Nobrega. An EWA solution means a flexible payment schedule that allows employees to cover financial emergencies or shortfalls and retain financial control while avoiding exorbitant fees.
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