Dayforce, Inc. announced on December 9, 2024, that its on-demand pay solution, Dayforce Wallet, has surpassed the milestone of $5 billion in gross pay processed. This achievement highlights the product's momentum and the value it delivers to employees.
The company also introduced new direct-to-bank capabilities for Dayforce Wallet, allowing on-demand pay to be deposited directly into personal bank accounts. This enhancement expands the utility of the solution to banked employees, reinforcing its position in the market.
Dayforce Wallet's on-demand pay functionality is built on a true payroll engine, capable of processing off-cycle payrolls and remittances within 24 hours. This differentiates it from other models and contributes to its strong adoption among customers.
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