DirectPay vs Dayforce Wallet

This solution facilitates account to account transactions between the merchant and the customer using a quick reference code masking the real account. If both the merchant and the customer are of the same bank to provide it will perform an account to account fund transfer. If they are in different banks, transactions will be facilitated through LankaPay. DirectPay brings users numerous benefits including ease of access and reduction in transaction time and cost. Whenever the user is required to make a payment to the merchant the user can complete their transaction by just scanning the merchant’s QR code by the processing in the mobile application. We satisfy the need of financial transactions being made without going outside Sri Lanka for authorization purposes and to facilitate payments without the use of any 3rd party equipment. Basically what happens in the app is that the Merchants have a QR code masking their information displayed at their shops. The users simply have to scan this QR code and enter the amount to be paid and proceed so that when the transaction is completed the merchant will receive a text message from the bank confirming the payments and the user will also receive a text message from the bank of the payment being completed through an account to account transfer between the merchant bank and the user’s bank only if both these parties are of the same bank. This application provides maximum security to its users. At the time of registration on the DirectPay app, the user is required to enter the account number of the primary account and the phone number that is pre-registered with the bank. When the mobile number is entered, the application would grasp the IMEI number so that the user will not be able to use a separate phone to use this application. If the mobile is lost, another SIM card cannot be used to access our application. If the user has to change the number, he should contact the bank and initially change the mobile number in the bank’s database. There are basically two security features, the first is the password for the application when logging into the app and the second is the mobile IMEI number. For application registration, device change or SIM change there is a separate process to verify and authorize.

Why wait for payday when you can be in control today? Dayforce Wallet gives you access to your hard-earned money when you need it – for the freedom to manage your finances on your schedule. Join thousands of other users who get paid their way. It’s simple – view and access your pay as soon as you earn it in the Dayforce Wallet app and transfer it to a Dayforce Wallet Mastercard® with a few taps of a screen. Use your card to make purchases, pay bills, or withdraw cash. The rest will be paid out on payday. Here’s why you’ll love it: All-in-one financial tool Manage your earnings, set and fund savings goals, and track your spending - all in one place. Get paid early Access your pay on-demand¹ and get your regular paycheck deposited directly to your Dayforce Wallet account up to two days before payday.² Move money easily Unlock free³ or instant⁴ bank transfers and withdraw cash from over 55,000 fee-free ATMs.⁵ No fees No fees to get paid on-demand, no minimums, and no interest.⁶ Exclusive perks Like partner offers and more. If your employer has activated Dayforce Wallet, download the app to get started and own your payday. Need help? Call us at 1-800-342-9167 ¹ Not all employers choose to offer on-demand pay with Dayforce Wallet. Check with your employer to see if this is available to you. Some blackout dates and limitations may apply based on your employer's pay cycle and configurations. Green Dot Bank does not administer and is not responsible for on-demand pay. ² Early direct deposit availability depends on payor type, timing, payment instructions, and bank fraud prevention measures. As such, early direct deposit availability may vary from pay period to pay period. ³ Limits apply. Subject to your bank’s restrictions and fees. All transfers submitted after 10:00pm PST/1:00am EST will be initiated the next business day. ⁴ Instant Transfers can only be sent to another eligible bank account in your name with a linked Visa-, Mastercard-, or Discover-branded debit card. An Instant Transfer fee of $3.49 per transfer will be charged. Limits apply. ⁵ Fee-free ATM access applies to in-network ATMs only. For out-of-network ATMs and bank tellers, a $2.99 fee will apply, plus any additional fee that the ATM owner or bank may charge. Limits apply. Please see Cardholder Agreement or Deposit Account Agreement for details. ⁶ On-demand pay is free; however, fees may apply to certain card and account transactions. Please see Cardholder Agreement or Deposit Account Agreement for complete list of fees. Banking services provided by and the Dayforce Wallet Mastercard issued by Green Dot Bank, Member FDIC, pursuant to a license from Mastercard International Incorporated.