CONNECT WITH US
Fintech

Fintech

Workday Simplifies Employee Access to Chime for Direct Deposit

PYMNTS – Fintech logo

Published on

Add as a preferred source on Google
Workday Simplifies Employee Access to Chime for Direct Deposit

Employees of firms that use Workday’s human resources, finance and IT platform can now select Chime within Workday for direct deposit, without manually entering their account details, Chime said in a Tuesday (Nov. 3) press release.

Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

Employees who select Chime for direct deposit will also gain access to the company’s suite of financial tools, including fee-free banking, high-yield savings, early pay and credit-building tools, according to the release.

These capabilities are enabled by an expanded partnership between Chime and Workday, and an integration of Chime through Workday’s Enhanced Direct Deposit (EDD) experience, per the release.

“By making Chime easier to choose inside Workday, we’re removing a barrier between getting paid and getting ahead,” Bill Gartland, vice president of Chime Enterprise, said in the release. “Together, we’re helping employees make more of their pay and giving employers another way to support the financial well-being of their employees at no cost.”

The expanded partnership complements Chime’s role as the Strategic Financial Wellness Partner for Workday Wellness, a partnership that enables employers to offer Chime Workplace and its financial wellness tools at no cost to the employer or its employees, according to the release.

“With Workday’s Enhanced Direct Deposit experience, we want to give employees real options for how they manage their pay,” Meraj Mohammad , senior director of strategic partnerships at Workday, said in the release.



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.