Getting paid on your own terms: How Chinabank and Paywatch are rewriting the rules of the Filipino paycheck

For millions of Filipino workers, the stretch between paydays is a familiar test of resourcefulness. Bills arrive on their own schedule, emergencies do not wait, and the payroll calendar, rigid as ever, rarely lines up with life’s demands. This is the gap that Chinabank and fintech company Paywatch are now moving to close — together. The two have partnered to bring Earned Wage Access Plus (EWAP) to Filipino employees: A facility that allows workers to withdraw a portion of their already-earned salary at any time, through a mobile app, without taking out a loan. “In the Philippines, most employees are […]... Keep on reading: Getting paid on your own terms: How Chinabank and Paywatch are rewriting the rules of the Filipino paycheck

Go to News Site