What is Rain Instant Payment?
Rain, headquartered in Santa Monica, provides employers a benefit that can be offered to employees to access their earned wages, boasting users among companies like Walmart and Uber. The vendor states their mission is to regrow individual freedom by giving people control over their income and finances. They aim to displace predatory financial products like payday loans and overdraft fees.
The Rain Instant Payment platform is presented as free and easy for employers to implement. When an employer agrees to work with Rain, employees are invited to download the free Rain Instant Pay app from the Apple or Google app store. The employees will have early access to portions of their wages. Rain charges a small transaction fee, similar to an ATM fee.
Categories & Use Cases
Technical Details
| Mobile Application | No |
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FAQs
What is Rain Instant Payment?
Rain, headquartered in Santa Monica, provides employers a benefit that can be offered to employees to access their earned wages, boasting users among companies like Walmart and Uber. The vendor states their mission is to regrow individual freedom by giving people control over their income and finances. They aim to displace predatory financial products like payday loans and overdraft fees.
The Rain Instant Payment platform is presented as free and easy for employers to implement. When an employer agrees to work with Rain, employees are invited to download the free Rain Instant Pay app from the Apple or Google app store. The employees will have early access to portions of their wages. Rain charges a small transaction fee, similar to an ATM fee.