DailyPay

New York,  NY 
United States
http://www.dailypay.com
  • Booth: 5365

DailyPay, Inc., powered by its industry-leading technology platform, is on a mission to build a new financial system for everyone. DailyPay delivers the industry’s leading on-demand pay solution with modern, insight-driven pay strategies that help America’s leading employers to activate their workforce and build stronger relationships with their employees so they feel more engaged, work harder, and stay longer. Through its massive data network, proprietary funding model and connections into over 6,000 endpoints in the banking system, DailyPay works to ensure that money is always in the right place at the right time for employers, merchants and financial institutions. For more information, visit www.dailypay.com.


 Show Specials

  • Tuesday, January 17 from 1-4pm at Booth #5365Join award-winning former Bloomberg journalist, Michael Baer, at NRF 2023 at BOOTH #5365 as a guest on “THE SOURCE by DailyPay” PODCAST. Michael will be sitting down with business leaders, visionaries, and industry experts for a special NRF podcast program taking a look at what will be the hot retail industry topics for 2023.A managing editor spanning three decades at Bloomberg BNA (now Bloomberg Industry Group), Michael has a proven track record of success managing information services.

    “The Source by DailyPay” podcast can be heard on Spotify, Apple and Google.
    More information can be found HERE.
  • (Dec 21, 2022)

    Come visit DailyPay at booth #5365!  Let us show you what your employees use on-demand pay for and why it will help increase attraction, engagement, and overall employee retention.

    Live Demo Times:

    1. Sunday, January 15 at 1:00pm EST

    2. Monday, January 16 at 1:00pm EST

    3. Monday, Janaury 16 at 4:30pm EST

    4. Tuesday, January 17 at 1:00pm EST

  • (Dec 21, 2022)
    Come visit DailyPay at booth #5365 for your chance to win high end merchandise after demoing with us! Let us show you what your employees use on-demand pay for and why it will help increase attraction, engagement, and overall employee retention.

 Press Releases

  • Less Than 3 in 10 Gen Zers Can Pay All of Their Bills on Time According to 

    New Harris Poll From DailyPay

     

     

    NEW YORK, NY, November 15, 2022 Inflation and uncertain economic times are keeping many Gen Zers at home with their families. Fifty-four percent of 18-25-year-olds have made the choice to live with their parents given the current economic climate, according to a new study of over 300 Gen Z adults (ages 18-25) conducted online by The Harris Poll and commissioned by DailyPay.

     

    With inflation hovering over 8%, Gen Zers early in adulthood are having trouble staying financially stable given the rising costs of everyday items. Only 28% of Gen Zers say they are typically able to pay all of their bills on time. 

     

    It’s not surprising that 80% of this younger demographic feel the economy will either stay the same or decline over the next 12 months. Furthermore, 41% are worried it will be tougher to pay their bills (e.g., utilities, medical, credit card, insurance) due to high inflation, and 38% are concerned it will make buying staples/food more challenging for them. 

     

    Gen Z also appears to experience impacts when it comes to saving for the future. Seventy-eight percent say they have been able to save less money compared to last year, the same amount as last year, or not at all. 

     

    Many Gen Zers, however, may not be pessimistic about the long-term future. Only one-third (33%) are worried it will be more challenging for them to buy a house because of inflation and only 20% are concerned about it being more difficult to pay for healthcare for parents or family members.

     

    Employers can also take an active role in helping their employees survive inflation. The research shows the timing of pay could help Gen Zers take care of monthly expenses. Nearly three-quarters (72%) of employed Gen Zers say having access to their pay every day, as opposed to waiting until a scheduled payday, would help them pay bills on time.

     

    “This report demonstrates the need for employers to provide meaningful and impactful financial benefits to help their employees, particularly Gen Z, despite the negative effects of inflation,” said Kevin Coop, CEO of DailyPay. 

     

    Methodology:

    This survey was conducted online within the United States by The Harris Poll on behalf of DailyPay from October 3-5, 2022 among 3,037 U.S. adults ages 18 and older, among whom 353 are Gen Z (ages 18-25). The sampling precision of Harris online polls is measured by using a Bayesian credible interval. For this study, the sample data is accurate to within +/- 2.8 percentage points using a 95% confidence level. For complete survey methodology, including weighting variables and subgroup sample sizes, please contact David Schwarz at david.schwarz@dailypay.com. 

     

    About DailyPay

    DailyPay, Inc., powered by its industry-leading technology platform, is on a mission to build a new financial system for everyone. DailyPay delivers the industry’s leading on-demand pay solution with modern, insight-driven pay strategies that help America’s leading employers to activate their workforce and build stronger relationships with their employees, so they feel more engaged, work harder, and stay longer. Through its massive data network, proprietary funding model and connections into over 6,000 endpoints in the banking system, DailyPay works to ensure that money is always in the right place at the right time for employers, merchants, and financial institutions. DailyPay is headquartered in New York City, with operations based in Minneapolis and Belfast. For more information, visit www.dailypay.com/press.


    Media Contact

    David Schwarz

    david.schwarz@dailypay.com 

     

    Gabriella Lourie

    gabriella.lourie@dailypay.com

  • More Than 2 in 5 (44%) More Likely to Prioritize Shopping for Bargains in Store Compared to Last Year

     

    About 3 out of 4 (73%) Plan to Shop the Same or More In-Person This Year

     

     

    NEW YORK, NY, January 12, 2023 Despite continued inflation and the potential of a recession, 67% of Americans plan to spend either the same or more in 2023 as they did in 2022 on retail purchases according to a new survey commissioned by DailyPay and Dollar Tree and conducted online by The Harris Poll among over 2,000 U.S. adults. However, 44% are more likely to prioritize shopping for bargains in-store this year compared to last.

     

    Signaling a continued increase in in-person shopping, about 3 out 4 Americans (73%) plan on shopping the same or more in-store in 2023 versus last year. The survey also reveals Americans’ preferences regarding purchasing particular items in-store versus online.

     

          81% in-store for furniture

          69% in-store for home goods

          65% in-store for apparel

          65% in-store for sporting goods

          59% in-store for electronics

     

    “It’s encouraging to see that Americans’ spending plans are trending upward with only a third planning to spend less this year despite these times of financial uncertainty,” said Kate Cheesman, Vice President of Customer Success, DailyPay. “With more people shopping in-store, retailers will be prioritizing retaining their top talent to maximize their in-store experience.”

     

    Dollar Tree, which operates more than 16,000 stores across the Family Dollar and Dollar Tree banners, are seeing similar trends to those revealed in the survey.

     

    “Our customers are incredibly savvy and taking advantage of our value-price model to stretch their money even further during these uncertain economic times,” said Mike Creedon, Chief Operating Officer at Dollar Tree. “While discretionary purchases remained strong, we’re also seeing an increase in consumables in Dollar Tree and Family Dollar stores.”

     

     

    Survey Methodology:

    This survey was conducted online within the United States by The Harris Poll from January 4-6, 2023 among 2,032 U.S. adults ages 18 and older. The sampling precision of Harris online polls is measured by using a Bayesian credible interval.  For this study, the sample data is accurate to within +/- 2.8 percentage points using a 95% confidence level. For complete survey methodology, including weighting variables and subgroup sample sizes, please contact press@dailypay.com.

     

    About Dollar Tree

    Dollar Tree, a Fortune 200 Company, operated 16,293 stores across 48 states and five Canadian provinces as of October 29, 2022.  Stores operate under the brands of Dollar Tree, Family Dollar, and Dollar Tree Canada.  To learn more about the Company, visit www.DollarTree.com.

     

    About DailyPay

    DailyPay, Inc., powered by its industry-leading technology platform, is on a mission to build a new financial system for everyone. DailyPay delivers the industry’s leading on-demand pay solution with modern, insight-driven pay strategies that help America’s leading employers to activate their workforce and build stronger relationships with their employees, so they feel more engaged, work harder, and stay longer. Through its massive data network, proprietary funding model and connections into over 6,000 endpoints in the banking system, DailyPay works to ensure that money is always in the right place at the right time for employers, merchants, and financial institutions. DailyPay is headquartered in New York City, with operations based in Minneapolis and Belfast. For more information, visit www.dailypay.com/press.

     

     

    Media Contact

    David Schwarz

    david.schwarz@dailypay.com

     

    Adriana Ball

    adriana.ball@dailypay.com


 Products

  • DailyPay
    Hire faster, retain employees longer with DailyPay’s proven on-demand pay solution. Extensive integrations, customized adoption programs, full- funding model and employee financial transparency resources make DailyPay high impact yet effortless by design....

  • Hire faster and retain employees longer with DailyPay, the most proven on-demand pay solution that empowers your employees to access their money as they earn it. DailyPay works with minimal disruptions to your existing processes and cash flow. Unlike the deduction model, DailyPay’s full-funding model does not require new payroll processes or staffing changes, eliminating complexity for both your teams and your employees. DailyPay is system-agnostic and offers over 180 integrations, helping your on-demand pay solution integrate seamlessly into your existing infrastructure and reducing the burden of manual data exchange. DailyPay leads the industry with its employee enrollment rates: high-touch client services, custom launch programs, and 24/7 bilingual employee support ensure success from launch onward. And, unlike others, DailyPay empowers employees with access to up to 100% of their net pay to ensure financial resources are available when employees need them most.