1.5 Safe to install
PayMasta's Earned Wage Access (EWA) program addresses a significant financial challenge faced by many employees in Nigeria. By allowing staff early access to their earned wages, it effectively alleviates financial pressure and reduces reliance on high-interest payday loans.
This innovative solution stands out as a zero-cost benefit for employees, improving their overall financial well-being. PayMasta targets the widespread issue of misalignment between income and expenses by enabling employees from partner organizations to access a portion of their wages on demand, prior to the traditional payday.
Importantly, the program is not a loan, meaning that no interest is charged on the accessed wages. Instead, a nominal subscription fee is applied when employees request their earned pay. This model fosters a more sustainable approach to personal finance.
In addition to immediate financial support, PayMasta provides employees with access to a personal finance manager, equipping them with the tools needed to plan for a financially stable future.
Overview
PayMasta is a Freeware software in the category Business developed by LastMile Financials.
The latest version of PayMasta is 1.5, released on 12/29/2024. It was initially added to our database on 12/29/2024.
PayMasta runs on the following operating systems: iOS.
Users of PayMasta gave it a rating of 4 out of 5 stars.
Screenshots (Click to view larger)
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