SalaryFits, a leading fintech in employee benefits solutions, announces the launch of a new feature in its multi-benefit app: the anticipation of up to 40% of the salary via Pix. This innovation offers greater financial flexibility to employees, addressing emergencies and specific needs quickly and efficiently.
"We understand that, in certain situations, a credit card may not be enough. There are times when the employee needs cash on hand to settle a debt, pay a bill, or avoid the high interest rates of overdraft," explains Fin Gnieser, Head of Product at SalaryFits. With the advance via Pix, we offer a practical and secure solution for these immediate needs, with instant release of the amount into the bank account.
How it Works
The new feature is available for employees of companies that hire SalaryFits for automated benefits management. After the company included the salary advance app as part of the benefits, employees can easily register by sending a photo of their ID and a selfie for identity verification. Once registered, they can request an advance of up to 40% of their salary directly into the bank account used, with the lowest market rate of 3.99%. The amount is received in real-time in the employee's bank account.
In addition to the advance via Pix, employees also have the option of using a physical or virtual credit card provided by the SalaryFits app, accepted in all card machines in physical and online establishments, without any fees.
Commitment to Financial Health
SalaryFits's main focus is to provide practical and fair financial benefits, promoting employees' financial health and preventing long-term debt. Therefore, we do not allow installment payments on the card and never advance more than 40% of the next salary. "Our goal is to provide solutions that truly make a difference in daily life, without compromising workers' financial stability," emphasizes Gnieser.
Additional Benefits
Salary advance is added to the other benefits offered by SalaryFits, such as the discount club, which covers more than 5,000 brands in 25,000 stores across Brazil, both online and in person."With all the features we offer in our app, we not only promote healthier financial habits but also increase workers' purchasing power," adds Fin Gnieser.
