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New York-based payroll automation firm DailyPay will offer earned wage access to clients with operations outside of the U.S. The launch is scheduled for later this fall, with DailyPay offering the product to clients that have operations in the U.K.

DailyPay has expanded its EWA business in the U.S. through bank partnerships, including BMO, PNC, Santander and TD Bank. DailyPay has additionally partnered with Visa and The Bancorp Bank to offer reloadable prepaid cards that are integrated with EWA, providing a way for workers to make transfers, locate no-fee ATMs and link to mobile wallets such as Apple Pay, Samsung Pay and Google Pay.

EWA is an older product that has grown during the pandemic and subsequent economic challenges such as higher prices, with advances totaling $22 billion in 2023, according to the Consumer Financial Protection Bureau. EWA is also driving growth in real-time payments, with DailyPay transactions accounting for more than 5% of all RTP network transactions, according to The Clearing House.

In the U.K., more than 16 million workers missed payments on household bills, according to the U.K.’s Money and Pensions Service, which creates an addressable market for EWA, DailyPay contends.

“Many of our clients and partners are multinational, and they have increasingly expressed the need to offer this valuable benefit to their employees beyond the U.S.,” said Josh Durodola, vice president of international at DailyPay, in a release. —John Adams