What is the DailyPay Account?
The DailyPay account (DPA) is a unique bank account that replaces an employee’s existing direct deposit account within the payroll system, so that DailyPay can handle all reconciliation of advanced earned pay without requiring you, the employer, to make any changes to your payroll process. This method, called the full funding model, also allows for paystub continuity for the employee.
The DailyPay account may appear as a Wells Fargo account. The routing number will always be 121000248, and the account number will start with 3258.
Note: PNC EarnedIt users will see PNC as the DailyPay account instead of Wells Fargo. The account and routing number will be different than Wells Fargo.
Once an enrolled employee makes their first transfer with DailyPay, their pay will be routed through the DailyPay Account, including remainder pay (any pay that is not transferred early by the employee). In other words, the employee’s payday experience does not change, except that their pay is now coming from a different account. When an employee is actively using DailyPay, the DailyPay Account (DPA) must remain the primary and sole direct deposit account record. In other words, the DailyPay account must receive 100% of all pay, regardless if that occurs on payday or off-cycle.
Please note, the DailyPay account is designed to block any ACH reversals, stop-payments, and debits. Any attempt to perform these actions on a DailyPay Account will be unsuccessful.
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