DailyPay was founded on the belief that hard working Americans should have access to their pay whenever they want, and this includes on payday itself. We are shocked and dismayed at the MyPayrollHR shutdown and are committing $25,000 to pay for overdraft and/or late fees for those affected employees. Any employee who has incurred a late fee or non-sufficient-funds fee as a result of their pay not being deposited into their bank accounts will be reimbursed up to $100 per employee.*
“For employees and even for employers, payroll can seem to be a straight-forward process. But it's a multi-layered process with room for error and even fraud. We are extremely grateful for DailyPay and their eagerness to help. Businesses like this, and the employers who stretched themselves thin to make employees whole, remind us that integrity is still a virtue,”said Melanie O'Malley, proprietor, O’Malley's Oven, and former MyPayrollHR client.
“DailyPay’s mission is to give people their first steps toward financial security. Our software enables employers to let their employees control the timing of their pay. We couldn’t just watch this situation unfold and do nothing given how close this hits home,” Jason Lee, CEO of DailyPay, said.
Any employee affected by the shutdown of MyPayrollHR is encouraged to email email@example.com to learn how to securely apply for reimbursement from the Relief Fund.
“Our company exists to help people avoid overdraft and late fees by giving them on-demand access to their pay. While this is not the ‘typical’ way we do it, this Relief Fund certainly fits that mandate,” said Lee.
*Eligibility is determined by DailyPay at its sole discretion. Open to all natural persons that are residents of the United States of America and are employees affected by the MyPayrollHR Shutdown. Must show proof of employment with affected companies. Must show proof of debit and overdraft and/or late fee charged. Relief Fund is subject to all applicable federal, state, and local laws and regulations and is void where prohibited by law. Relief Fund begins 6:00pm EST on September 11, 2019 and ends 11:59pm EST on September 30, 2019