DailyPay Expands Its Platform For Employees to Access Federal Tax Returns 5 Days Early

In an ideal world, payments would be made instantly – organisations would not need to wait and plan on how to deal with late payments, and an employee waiting for a tax return would get it instantly. In the case of a federal tax return, this process usually takes weeks, with some instances even two months. To speed up this process, DailyPay, the worktech and on-demand pay provider, has expanded its platform so workers can get their federal tax refunds up to five days earlier.

Having rebranded its ‘Friday by DailyPay Visa Prepaid Card’ to the ‘DailyPay Visa Prepaid Card’ in September 2024, DailyPay is once again expanding its offering to ensure users have funds available to them quicker. In addition to accessing earned wages early, employees will now be able to access their federal tax refunds up to five days earlier if they direct the money to their DailyPay Visa Prepaid Card.

This offering builds on DailyPay’s current suite of products, including its cash back offers, Credit Health, International Remittances, Savings feature, and the company’s signature earned wage access solution. DailyPay’s platform is offered by employers across the world and impacts millions of workers as a financial wellness benefit.

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