2021 Impact Innovation Award in Digital WalletsPayactiv is the 2021 recipient of Aite-Novarica Group’s Impact Innovation Award in Digital Wallets for product design.
Earned-wage access (EWA) has been around for several years, and it’s clearly needed by many employees, particularly those living paycheck to paycheck. The Payactiv Livelihood app is a digital wallet that provides users with a comprehensive financial wellness platform that combines savings, spending, an instant issue prepaid debit card, person-to-person payments, financial management, budgeting tools, low-cost loans, and discounts in one seamless experience.
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78% of U.S. workers live paycheck to paycheck.