Paymenow is an employee benefit app that focuses on financial wellness and inclusion. Connected to your company payroll, Paymenow gives you responsible access to money you have already earned.

No! Any cash outs you receive via Paymenow is NOT a loan. It is simply access to money you have already earned.

A cash out on Paymenow will cost you 4% of the cash out amount as a service fee (not an interest fee) and a fixed transaction fee of R15 for 24hr bank account payment (R30 for immediate payment). If your employer charges an admin fee for the Paymenow service, this will be shown on the app.

You do not owe Paymenow anything, ever!Any cash outs you receive sing Paymenow will be deducted from your next salary payment. 

All information around earnings and cash out limits are controlled by your employer. If you are a fixed salary employee, Paymenow uses a calculation to determine your daily amount is added to your available balance. If you are a time and attendance or shift worker, Paymenow will only provide an available balance based on the information received from your employer.

Unfortunately, no. Paymenow, to combat fraud and any illegal activity can only cash out to the bank account as provided by your employer. If you need it changed, please contact your employer HR or Payroll department.

Yes, Paymenow uses bank grade security, encyption and 2-factor authentication to ensure your money and private information is safe. As an additional security feature, Paymenow can only cash out to the bank account as provided by your employer.

No, Paymenow will not share any of your information with any other party unless you have explicitly given us the permission to do so. We will only share your cash out history with your employer to allow them to adjust your salary accordingly in the next pay cycle. Refer to our T&C’s for more information.