MANILA, Philippines — Filipino employees now have a secure and convenient way to access their earned wages before payday with the nationwide launch of AgadPay, a new Earned Wage Access (EWA) platform. 

In a statement, it said that unlike traditional loans, AgadPay allows workers to withdraw a portion of their accrued salary for a small, transparent fee—without interest or debt traps.

“Many employees struggle with financial gaps before payday, often turning to high-interest payday loans,” AgadPay said in a statement.

“With EWA, workers can access the wages they’ve already earned, reducing financial stress and providing a sustainable alternative to borrowing,” it said.

With 80 percent of Filipinos living paycheck to paycheck and 36 million borrowing for daily needs, financial strain remains a widespread challenge. 

Additionally, 60 percent of Filipinos lack emergency funds, often forcing them to rely on high-interest lending that can lead to debt cycles. EWA provides a practical alternative, giving employees access to funds they have already earned.

Research indicates that 66 percent of EWA users report reduced financial stress, while 79 percent of employees would consider changing jobs if EWA were available elsewhere. The demand for more sustainable financial solutions is evident, and AgadPay seeks to address this growing need.

Unlike traditional loan-based solutions, AgadPay ensures that workers remain in control of their finances. Employees can use their earned wages to cover urgent expenses, such as utility bills, tuition, or healthcare costs, without accumulating debt.

“This is a dignified and responsible way for workers to manage short-term financial needs,” AgadPay stated. 

“There’s no interest—just a minimal fee for convenience,” it said.

For businesses, AgadPay is free to implement and integrates with existing payroll systems, making it an easy option for employers looking to support financial wellness. 

Citing a research, the company said that offering EWA can boost employee retention by up to 78 percent, as financial stress is a key factor in job dissatisfaction and decreased productivity.

AgadPay is now open to companies across the Philippines, providing a cost-free way for businesses to support employees’ financial well-being. Interested employers can visit www.agadpay.ph for more details on scheduling a demo or learning more about the platform.