Continuous Pay Access (formerly called Rolling Balance) allows a user to access earnings for a pay period that has already ended but has not yet been paid.
Consider the following definitions:
current pay period
- a pay period that has started but not yet endedunsettled pay period
- a pay period that has ended but has not yet had a paydaysettled pay period
- a pay period whose payday is today or priorWhile a pay period is unsettled, the employee has a percentage of their paycheck available for transfer ahead of payday. Once settled, any pay that was not transferred ahead of payday is deposited into an employee’s bank account and no longer available as Earned Wages.
Earned Wage Access (EWA) is designed to maximize the available balance for each employee. The employee must have access to earnings from both the current and the unsettled pay period as both represent wages the employee has already earned.
This is where the concept of continuous pay access comes into play. If continuous pay access is not enabled at a client, a user will not be able to access their earned wages between pay period end date and payday.
In this example, we have overlapping pay periods in July (7):
Pay Period 1
Ends and Pay Period 2
Begins.Pay Period 1
has settled, and only Pay Period 2
funds are now available for transfer.Transfers follow the "First In, First Out" logic. As such, transfers will be tied to Pay Period 1 until the earnings from Pay Period 1 have been exhausted.
If earnings from Pay Period 1 are exhausted, transfers will be tied to Pay Period 2. This is determined by taking each pay period’s payday and sorting them in an ascending order.
With continuous pay access enabled, it is possible within Pay Period 2 to make a transfer that exclusively draws upon earnings from the unsettled Pay Period 1.
Continuous pay access also enables transfers spanning two pay periods. If a requested transfer amount exceeds what is available from Pay Period 1, the earnings to satisfy the transfer will span both pay periods. In effect, the user will be accessing earnings from both pay periods simultaneously with one transfer.
The image below is an example transfer accessing earnings from both pay periods simultaneously with one transfer.
Paycheck 1
and Paycheck 2
throughout two pay periods. The following tables explain the potential user statuses and details from the Extend API.
User Authorized
This table describes the potential user statuses for /v1/users/{user_id}
. A valid client authorization token is required; see the API Specification for more information.
status | Description | Can Register With DailyPay | Can Request Transfers |
---|---|---|---|
NOT_FOUND | There is no record of this user at DailyPay. | ||
ACTIVE | The user has accepted terms of use for DailyPay and has enrolled with an employer. | Yes | |
ELIGIBLE | The user is eligible to request transfers but may have been terminated or opted-out of DailyPay. | Yes | |
INELIGIBLE | A user exists but is not eligible to register or request transfers with DailyPay. |
This Table describes an expanded set of user status details from the /v1/users/{user_id}/balance_details
. A valid user-authorized token is required, please see the API Specification for more information.
detailed_user_status | Description | Can Make Transfers |
---|---|---|
Pending | A user account that was initiated by an employer uploading their users. A user remains in Pending until account setup is completed. | |
Active | A user with a completed account setup. The user has accepted terms of use for DailyPay and has enrolled with an employer. A user can be active without taking transfers. | Yes |
Review | A user account that requires action by DailyPay. Please have the user reach out to DailyPay Support. | |
Canceling | First of two “cancel” statuses. A user remains in Canceling until Payday and their available balance is $0.00. A user can be in canceling status because they were terminated or no longer wish to use DailyPay. | |
Canceled | A user that was canceling and is their pay period has settled. The user's balance is $0.00 and there are no pending payments. | |
Delinquent | A user that has a failed debit and recoverable write_off in place. | |
Banned | A user that is blocked from using DailyPay. |
This table describes how user_status
and detailed_user_status
correlate.
user_status | Description | Can Register With DailyPay | Can Request Transfers |
---|---|---|---|
NOT_FOUND | There is no record of this user at DailyPay. | ||
ACTIVE | The user has accepted terms of use for DailyPay and has enrolled with an employer. | Yes | Yes |
ELIGIBLE | The user is eligible to request transfers but may have been terminated or opted-out of DailyPay. | Yes | |
INELIGIBLE | A user exists but is not eligible to register or request transfers with DailyPay. |