Santander Bank has partnered with DailyPay to offer its commercial banking clients in the US an on-demand pay benefit, allowing employees to access their earned pay in real-time.
Facts
- Santander Bank is collaborating with DailyPay to offer an on-demand pay benefit for its Commercial Banking clients in the U.S.
- Through DailyPay, Santander’s Commercial Banking clients can provide employees immediate access to their pay as they earn it.
- A user’s earned pay can be transferred to the account of their choice and is available to use in real-time at any point in the payroll process.
- Santander’s Head of Commercial Banking, Joe Abruzzo, says the collaboration will provide transparency and access to earned pay through a simple and convenient way to manage finances.
- The collaboration is a step forward in Santander’s efforts to expand digital capabilities and deliver flexible solutions based on the needs of clients and emerging technologies.
- Santander aims to help clients simplify their banking experience, manage their workforces, and build their businesses through digital products and services.
- The partnership with DailyPay is expected to be an impactful tool for Santander’s business clients.
