PITTSBURGH — PNC Bank, DailyPay and The Clearing House Payments Co. are teaming to enable businesses to fulfill employee payment needs around the clock.
PNC is the bank partner for remitting real-time payments for clients like DailyPay, a spokeswoman for the Pittsburgh-based bank said, adding that PNC often works with clients to help them identify opportunities for transforming their business through the use of RTP.
DailyPay, a fintech firm founded in 2015, gives users instant access to their earned wages and the option for advances. Based in New York with operations in Minneapolis, it works with 80% of Fortune 200 companies that offer on-demand pay.
Pittsburgh Business Times