Paymenow Group Information

Since its inception, Paymenow has emerged as a leading pioneer in Africa's Earned Wage Access (EWA) sector. Our commitment to improving lives is reflected in impressive statistics: 94% of users report enhanced quality of life, 67% reduced financial stress, and 70% increased financial independence. With a Net Promoter Score of 75, testament to our unwavering dedication to customer satisfaction and excellence. As a beacon of hope against predatory lending practices, we offer a solution ten times more affordable than conventional payday loans. Our direct payroll integration is complemented by a user-centric tiering system, fostering responsible access to earnings and promoting prudent financial behaviour. Key features and benefits of the Paymenow platform include: • Instant access to wages for urgent needs, providing a safety net in times of financial strain • Encouragement of saving through our innovative app feature, allowing users to seamlessly save directly from their available wages into an interest-bearing money market account. • Free access to investment products and financial education resources, empowering users to take control of their financial futures • Exclusive financial wellness and mental well-being helpline dedicated to Paymenow users, offering expert guidance and support • Value-added services in the form of vouchers to buy necessities such as groceries, airtime, & electricity purchases, further addressing the day-to-day needs of our users • Data-free app, meaning users do not require any data to access the platform during emergencies, removing the access barriers to ensure they remain in control of their financial wellness. • Free implementation for employers As the only EWA organisation in South Africa recognised by Catalyst Fund, we are a trusted partner in achieving financial security. Join us in striving for workplaces that thrive with happy, financially empowered employees. Paymenow: Inspired by people, powered by technology.