[mistamca]

Currently - I do not have any Direct Funder that is using this product - probably since I just created this concept several weeks ago.
Truth be know, I hijacked a concept that a retired banker in Panama had several years ago when he wanted to challenge the pay day loan industry.

If you are a Direct Funder and wanted to place $$ in a Merchant's hands within seconds - this could be a solution. Beyond the MCA World,
many other business verticals could benefit.

Dementia Dave - you have been talking about this for some time now. If a funder cant send money the same day, then they aren't a real funder. If a merchant needs money so quickly that hours will become a problem, then I wouldn't want to give them money.

This might be a solution for unbankable industries (Marijuana) but there are already multiple solutions in the market like this and they do not market themselves like they are stuck in the 90s.

[Yankeeman07]

Clueless mistamca - How many gig workers- freelancers, hospitality people that take their pay checks to a check
cashing establishment and pay 10% to cash their checks?

Why does the Payday Loan Industry exist? The person needs immediate funds to pay that utility bill, auto repair, and so forth.
At times it makes a whole world of difference of having those funds in seconds -

I have a fast-food chain that promotes work today - get paid today !!

[mistamca]

Clueless mistamca - How many gig workers- freelancers, hospitality people that take their pay checks to a check
cashing establishment and pay 10% to cash their checks?

Why does the Payday Loan Industry exist? The person needs immediate funds to pay that utility bill, auto repair, and so forth.
At times it makes a whole world of difference of having those funds in seconds -

I have a fast-food chain that promotes work today - get paid today !!

Well if you are looking from that front, then there are solutions out there that are cheaper, offer more features, and are easier to implement. Personally, I use dailypay for another one of my businesses. It integrates with payroll and time tracking and pretty much eliminated all employee advance requests across the org. See I am not clueless, this just seems like an inferior product. Maybe invest in marketing so it doesn't look like it belongs in the dial-up phase.

[Yankeeman07]

Well if you are looking from that front, then there are solutions out there that are cheaper, offer more features, and are easier to implement. Personally, I use dailypay for another one of my businesses. It integrates with payroll and time tracking and pretty much eliminated all employee advance requests across the org. See I am not clueless, this just seems like an inferior product. Maybe invest in marketing so it doesn't look like it belongs in the dial-up phase.

We are very familiar with Daily Pay - in fact they are speaking with us.

By using DailyPay, you are simply transferring your own earned income into your bank account or card. You can only transfer money that you have already earned, but that has not yet been paid to you.

Genie Card may be utilized to resolve the issue when an employee does not have a debit card or bank account.


Each Genie Card has its own routing and account number. Physical and Virtual which may be managed from a person's cell phone.

Genie Card - How It Works

http://www.geniecard.com

[Steven_O]

We are very familiar with Daily Pay - in fact they are speaking with us.
http://www.geniecard.com

I'm sure they love knowing their business is ALL out there on a public forum. No NCNDA's were honored here... lucky it's a private company.