My Instant Pay

My Instant Pay

Personal finance is the number one source of stress for employees. My Instant Pay reduces financial stress with real-time access to earned income. Powered by Rain, My Instant Pay allows employees to withdraw a portion of their earned wages for a small transaction fee, reducing reliance on payday loans and empowering their financial wellness.

  • Rain easily integrates with most payroll systems, meaning zero fees and zero hassle for your payroll team
  • Employees access these services through the mobile app to see what they’ve earned in real-time and make withdrawals as needed
  • Early wage access can result in 40% lower turnover, a 200% increase in job applications, and as much as an 86% improvement in employee productivity

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DISCLOSURES

This program is NOT insurance coverage, not intended to replace insurance, and does not meet the minimum creditable coverage requirements under the Affordable Care Act or Massachusetts M.G.L. c. 111M and 956 CRM 5.00. It contains a 30-day cancellation period, provides discounts only at the offices of contracted health care providers, and each member is obligated to pay the discounted medical charges in full at the point of service. For a complete list of disclosures, click here. Discount Plan Organization: New Benefits, Ltd., Attn: Compliance Department, PO Box 803475, Dallas, TX 75380-3475.

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