Cycle by DailyPay is a a digital payment tool that allows employers to efficiently send paperless off-cycle payments. Cycle is design to be used for payroll corrections, termination pay or other payroll needs 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 immediately.
- Cycle also enables employees to receive their payments as soon as within same day of request, via any accounts, instead of waiting for a paper check to be processed, distributed and cashed.
- 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 to existing Partner Portal set-ups and existing DailyPay user information; no additional install or implementation is required.
For an overview of the product as whole, please see the attached PDF.