Stiller Associates, a real estate management company, hired a new maintenance worker, Joe. When the new employee was notified of the biweekly, one week in arrears payroll schedule, he asked for an advance on his first paycheck. The HR manager, Mary, asked Mike, the business owner, if this was something he offered to employees. As a small business owner, Mike wanted to help out his employees, but wondered why Joe did not go to a payday lender. Joe explained that he did not want to pay the high fees and was trying to avoid the dangers of going down the payday lending path. Mike agreed to the advance, but then the payroll department asked how he wanted to account for the cash, how it would affect Joe's first paycheck and should taxes be deducted? Mike handed Joe $300 in cash and asked him to be sure to pay it back on payday, three weeks in the future.
With EarnedCard, Mary notifies Joe of the EarnedCard benefit and asks if he'd like to enroll. (In some cases, employers include the EarnedCard benefit when advertising for available positions.) When Joe confirms his desire to enroll, Mary directs him to the EarnedCard mobile app. Joe downloads the EarnedCard app to his Android phone (or iOS), enters his information, and pays his overdue phone bill with his virtual credit card the same day. A few days later, Joe's EarnedCard arrives in the mail. Mike and the payroll department never get involved, Joe never has to ask for an advance, and Stiller Associates has a happy employee who feels great about his new employer.