PHOENIX, Feb. 25, 2019 /PRNewswire/ -- Execupay has chosen to include ZayZoon's Financial Wellness platform as a free payroll add-on for its more than 60,000 employer clients. With ZayZoon, employers can easily extend the benefit of Wages On-Demand, Overdraft Protection, and Financial Literacy to their employees. ZayZoon's flagship product, Wages On-Demand, allows employees more steady access to cash flow by giving them access to their earned wages, whenever they like. Access to earned wages helps employees avoid predatory loans, overdraft fees and late bill payments. Furthermore, employers can experience a less financially stressed and more productive workforce with no changes to their existing payroll process.
Tate Hackert, President of ZayZoon, states, "ZayZoon is constantly innovating and adding products to our suite of financial wellness tools. Companies like Execupay recognizing the importance of financial wellness and working closely with ZayZoon to make it seamlessly available to clients at the push of a button is what helps us further our mission to end predatory lending." Mr. Hackert goes on to say, "Financial wellness is something that isn't always readily available. With access to earned wages and other responsible financial offerings, ZayZoon truly is making a difference for the more than 70 million Americans using payday loans and banking overdraft regularly."
Gerald Stowers, CEO of Execupay adds, "Our partner licensees and their employer clients are incredibly happy with our choice to include ZayZoon as a payroll add-on. At Execupay we are obsessed with providing our clients the most innovative payroll and human capital management solution. With stats like 78 percent of Americans living paycheck to paycheck, we recognize ZayZoon as a financial wellness solution that all employers should have."
Payroll Providers, Employers, and HR professionals interested in providing a benefit that helps combat predatory lenders and overdraft fees are encouraged to visit https://zayzoon.com/employers or email [email protected] for additional information.
ZayZoon is a socially responsible Financial Technology company that was created to end predatory lending. We partner and integrate with payroll companies in Canada and the US to provide employees with access to their wages on-demand. This is important because 78 percent of American workers live paycheck to paycheck forcing them into difficult situations between banks that earn over $30B in overdraft fees and predatory lenders that charge upwards of 600 percent interest. ZayZoon's on-demand access to wages gives employees control over their paycheck, reduces financial stress and prevents the debt spiral caused by predatory products.
Execupay has been a trusted leader in providing payroll and HR Solutions for both small and medium-sized businesses since 1974, covering payroll, time and labor management, talent acquisition, talent management, and more for thousands of businesses and millions of employees. Execupay couple's innovative products with white glove customer service to empower customers, allowing them to focus on growing their business.
SOURCE ZayZoon Inc