Cycle is a feature in the DailyPay Partner Portal that enables an employer to send one-off or batch paperless off-cycle payments to any employee. Please find the cut-off times to submit payments and expected delivery times to an employee’s destination account.
Payment Submission Cut-off Times for same-day and next-day delivery
In order to confirm Cycle payments will be delivered the same day as submitted, please find the cutoff times:
- 3pm ET for payments to a non-DailyPay account
- 11am ET for payments to a DailyPay Account (DPA) if you need the remainder pay after settlement to be delivered to the employee on the same day, and not just the funds delivered to the DPA.
- 9pm ET for payments to a DailyPay Account (DPA) for the payment to be submitted to the DPA account.
In order to confirm Cycle payments will be delivered next day, please find the cutoff time:
- 10pm ET for payments to any account
Timing of delivery to the employee’s destination account
If submitted before the 3pm cutoff to a non-DPA account or before 11am to a DPA account, the payment will be delivered to the user’s account by midnight on the same day.
- Note: If the payment was sent to a DPA account before 9pm, it will reach their DPA account before midnight on the same day.
If submitted after the 3pm cutoff to a non-DPA account or after 11am to a DPA account, the payment will be delivered to the user’s account by 9am ET the latest on the following day.
Banking Holidays:
- If a Cycle payment is sent within the timing parameters for same-day payment on a bank holiday, the payment will go through on the morning of the next business day by 6am.
- If a Cycle payment is sent after the timing parameters for same-day payment the day before a bank holiday, the payment will be delivered by 9am the business day after the holiday.
- For example, if today is Tuesday and tomorrow is a holiday and a Cycle payment is sent after 9 pm ET, then it will be delivered to the user by 9am on Thursday.