Overview of Cycle by DailyPay

Cycle by DailyPay is a digital payment tool that allows employers to efficiently send paperless off-cycle payments. Cycle is designed to be used for payroll corrections, termination pay, etc. where there is a need to pay an employee in a timely manner. 

Cycle eliminates the costs of paper checks and enables companies to push a digital payment to any employee.

1. Cycle enables employees to receive their payments as soon as within the same day of request to their designated account instead of waiting for a paper check to be processed, distributed and cashed.
   
   
2. DailyPay provides funding for all Cycle payments at no cost to employees.

The Cycle process is quick, paperless, and simple. Most importantly, it already integrates into existing DailyPay Portal set-up and existing DailyPay user information; no additional installation or implementation is required.

For an overview of the product as a whole, please see the attached PDF.