Technology

Workstream partners with Instant Financial to offer on-demand pay solutions

Photo: Adobe Stock

May 15, 2025

HR, payroll and hiring platform Workstream has announced a partnership with Instant Financial to provide earned wage access (EWA), digital tip payouts, and paycard solutions to its customers. This integration aims to modernize employee payment processes for businesses, including 46 of the top 50 quick-service restaurant (QSR) brands, according to a press release.

"At Workstream, we're focused on helping businesses support the people who power them—their hourly workers." Desmond Lim, CEO and co-founder of Workstream, said in the press release. "Our partnership with Instant Financial is a huge step toward that mission. By enabling same-day pay, digital tipping, and modern pay options, we're helping our customers stay competitive in today's labor market while simplifying operations behind the scenes."

The integration allows Workstream customers to activate Instant Financial's solutions directly within their existing system, without additional setup. Benefits include:

• Instant access to earned wages: Employees can access up to 50 percent of their daily wages immediately after a shift.
• Automated tip payouts: Managers can automate 100% of tip distribution after each shift.
• Modern, secure pay options: Paycards offer a convenient alternative to paper checks, enhancing security and providing a more digital-friendly experience for employees.
• Recruitment and retention advantages: Offering flexible, faster pay has been proven to improve retention and attract talent in competitive industries.
• All-in-one workforce management: The integration extends Workstream's comprehensive suite, connecting payroll, time tracking, HR, benefits, and now real-time pay in one seamless platform.

"Today's hourly workers are looking for more than a paycheck — they want flexibility, financial security and choice," Tal Clark, CEO of Instant Financial, said in the press release. "With this partnership, Workstream customers can deliver a better employee experience, while creating operational efficiencies that drive their businesses forward."

The announcement was made during the 43rd annual Payroll Congress Convention & Expo.