CONNECT WITH US
Fintech

Fintech

Tapcheck and LIFELENZ Bring Embedded On-Demand Pay To 60% of U.S. McDonald’s Locations

Global Fintech Series logo

Published on

Add as a preferred source on Google
Tapcheck and LIFELENZ Bring Embedded On-Demand Pay To 60% of U.S. McDonald’s Locations

Tapcheck, a leading provider of earned wage access and financial wellness solutions, and LIFELENZ, the pioneer AI-powered workforce management platform for the quick service restaurant (QSR) industry, announced a partnership that brings on-demand pay directly into the LIFELENZ platform. The integration gives employees at more than 60% of McDonald’s U.S. locations real-time access to earned wages embedded within the system they already use for every single shift.

Read More on Fintech : Global Fintech Interview with Andy Jiang, Head of Product, Slash

“Partnering with LIFELENZ to bring real-time, on-demand wage access to employees across thousands of quick-service restaurants is a milestone moment for financial wellness in the QSR industry,” said Ron Gaver, Co-Founder and CEO of Tapcheck.

Tapcheck’s SmartCalc Algorithm™ is a first-of-its-kind calculation engine that delivers a real-time earned wage balance using time and attendance data. Activation is a single configuration step: once connected, SmartCalc begins analyzing time and attendance records to calculate a conservative, real-time earned wage balance for hours already worked.

“Partnering with LIFELENZ to bring real-time, on-demand wage access to employees across thousands of quick-service restaurants is a milestone moment for financial wellness in the QSR industry,” said Ron Gaver, Co-Founder and CEO of Tapcheck. “Making financial wellness accessible at scale requires rethinking how employees experience their benefits. When on-demand pay is built into the systems employees already interact with, access becomes simpler, more intuitive, and part of the natural flow of work. That’s where the industry needs to go.”

Unlike traditional earned wage access solutions, the SmartCalc algorithm eliminates manual payroll adjustments.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.