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Payactiv Reviews & Product Details

Verified User in Hospital & Health Care
UH
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about Payactiv?

the anonymity for employees is very helpful they are more likely to use the service because they can do it with minimal people knowing and keep their dignity Review collected by and hosted on G2.com.

What do you dislike about Payactiv?

many payperiods we have to reach out to Payactiv to have them upload our hours so that emplyees can access money very frustrating to the employee as well as us because we are a small operation Review collected by and hosted on G2.com.

Recommendations to others considering Payactiv:

I think the it is a valuable asset to the benefits offered to employees. Our usage has grown over the 2 years we have offered it and I think they are using it for more than the money, I think they are using the other tools as well Review collected by and hosted on G2.com.

What problems is Payactiv solving and how is that benefiting you?

We now have no advances being done in house which was an accounts payable nightmare. the true benefit is the only people that know an employee used payactiv is the employee and the payroll coordinator Review collected by and hosted on G2.com.

Payactiv Overview

What is Payactiv?

Payactiv, a Public Benefit Corporation and Certified B-Corp, is a holistic financial-wellness platform that provides employees on-demand access to earned but unpaid wages. Businesses that partner with Payactiv see significant cost reductions through increased recruitment, engagement and retention. Employees love Payactiv because it eliminates the expensive between-paychecks toll of payday loans, bank overdrafts and late fees. Payactiv offers a suite of financial services that include savings and budgeting tools, bill payment and financial-health measurement. Payactiv is the winner of the Innovative Payments Association’s Consumer Champion Award, a Finovate winner and finalist, and the recipient of numerous best-in-class awards in both FinTech & HRTech. Learn more at www.payactiv.com.

Payactiv Details
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Product Description

Payactiv invented real-time access to earned wages to create the most comprehensive, award-winning financial wellness platform the best way to improve employee financial health. Including bill pay, savings, budgeting, discounts, and financial counseling.


Seller Details
Seller
Payactiv
Year Founded
2012
HQ Location
San Jose, US
Twitter
@PayActiv
1,695 Twitter followers
LinkedIn® Page
www.linkedin.com
340 employees on LinkedIn®

Amin A.
AA
Overview Provided by:
Director of Marketing Operations @ Payactiv

Recent Payactiv Reviews

Verified User
A
Verified UserMid-Market (51-1000 emp.)
0.0 out of 5
"Not recommended."
PayActiv has been a horrible experience for every employee that tried it. Every employee was overcharged and despite weeks of calls and emails, the...
mari W.
MW
mari W.Mid-Market (51-1000 emp.)
4.5 out of 5
"Great to have your pay when you need it and not have to wait."
Pay when needed. You can get a potion of your pay inminutes.
Verified User
A
Verified UserMid-Market (51-1000 emp.)
0.0 out of 5
"Our experience has not been good."
The service they offer is important in this day and age.
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Payactiv Media

Payactiv Demo - Put financial wellness in reach
Employees can immediately access money for hours already worked, transfer to their bank, load it on a Payactiv card, or pick up cash at Walmart. They can even use their earned wages to call an Uber and get daily necessities from Amazon. We supply the money so your employees are covered without di...
Payactiv Demo - On time, every time
Employees can pay bills directly through the Payactiv app keeping them ahead of their finances.
Payactiv Demo - Make payouts a breeze
Payactiv fronts the money so employees automatically get tips and mileage reimbursement at the end of each shift. Improve payroll efficiency, save time and money, and give your employees the freedom to access their earned wages any day—for free.
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58 out of 59 Total Reviews for Payactiv

4.6 out of 5
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58 out of 59 Total Reviews for Payactiv
4.6 out of 5
58 out of 59 Total Reviews for Payactiv
4.6 out of 5

Payactiv Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
This product has not yet received any positive sentiments.
Cons

Overall Review Sentiment for PayactivQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Verified User in Manufacturing
AM
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Payactiv?

PayActiv has been a horrible experience for every employee that tried it. Every employee was overcharged and despite weeks of calls and emails, the money has still not been refunded to them. Review collected by and hosted on G2.com.

What do you dislike about Payactiv?

Next to impossible to get assistance. Employees have reported rude and uncaring attitude from PayActive employees. These issues occured in July and it is almost September. Everyone says the money will be refunded to them "tomorrow." It's been two weeks of tomorrows and no one has their money back. Review collected by and hosted on G2.com.

What problems is Payactiv solving and how is that benefiting you?

PayActiv has created numerous problems where there were none before. Review collected by and hosted on G2.com.

mari W.
MW
kfc/taco bell
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about Payactiv?

Pay when needed. You can get a potion of your pay inminutes. Review collected by and hosted on G2.com.

What do you dislike about Payactiv?

The fees. You get charged for putting your pay on your pay card. Review collected by and hosted on G2.com.

Recommendations to others considering Payactiv:

Pay when needed but fees you need to pay can get spendy. Review collected by and hosted on G2.com.

What problems is Payactiv solving and how is that benefiting you?

Pay when needed to pay your bills with. Review collected by and hosted on G2.com.

Mike M.
MM
Owner
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
(Original )Information
What do you like best about Payactiv?

We've been using PayActiv for over 3 years now without a single problem. It is absolutely seamless for us, in that it does not cost us time or money. About 20% to 25% of our workforce will use them in any given pay period. I haven't had a single employee ask for an advance on their paycheck since we started using PayActiv. I have recommended them to my fellow franchisees and other business owners that know. Review collected by and hosted on G2.com.

What do you dislike about Payactiv?

Nothing to dislike, at least not for me. Once we got them set-up with our payroll company everything has worked beautifully. Review collected by and hosted on G2.com.

Recommendations to others considering Payactiv:

This should be a no brainer decision. It helps your employees and does not cost the company anything Review collected by and hosted on G2.com.

What problems is Payactiv solving and how is that benefiting you?

Employees don't have to come to me asking for an advance - I know that is something they don't want to do and seem almost ashamed when they do it. If you advance pay for one person then you better be prepared to advance pay for everyone and that is not feasible. PayActiv eliminates that problem. Review collected by and hosted on G2.com.

Verified User in Hospital & Health Care
AH
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Payactiv?

The service they offer is important in this day and age. Review collected by and hosted on G2.com.

What do you dislike about Payactiv?

The service is not working. There have been all kinds of issues once our ee's are given their cards. Very few have actually been able to get their money early. Review collected by and hosted on G2.com.

Recommendations to others considering Payactiv:

Just be prepared for issues if you are trying to integrate it into your payroll system. We use Paycor and it's not working even though they have an integration. Review collected by and hosted on G2.com.

What problems is Payactiv solving and how is that benefiting you?

If it worked, it would allow our staff to get their wages early, which is important for our entry level workforce. Review collected by and hosted on G2.com.

Ricardo Lee M.
RM
Affiliate Marketing Specialist
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Payactiv?

I got a 15$ bonus to sign up and they called to offer 10 more upon card activation. A free 25$! Also great for other employees to get items for the office. Review collected by and hosted on G2.com.

What do you dislike about Payactiv?

The virtual card Can't be used on google pay, cashapp or PayPal. Review collected by and hosted on G2.com.

What problems is Payactiv solving and how is that benefiting you?

I'm able to order supplies from Amazon and ebay for the office and school using the virtual and physical card. They give 10 for every 100$ deposited and who can argue with free money? Review collected by and hosted on G2.com.

ES
Human Resources Supervisor, Payroll Administrator
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Payactiv?

It is convenient and easy for our employees to use, giving them access to their future wages instantly! Review collected by and hosted on G2.com.

What do you dislike about Payactiv?

As a user, I can't honestly say there have been many issues with Pay Activ. The mobile app is user friendly and was easy to download and set up. It is convienent and easy to use and gives me instant access to my wages with the click of a button. The fees are reasonable and it has saved me time and money with its accessiblity and ease of use.

As an Administrator, the initial process of setting up and implementing Pay Activ took some work. We ran into some issues with the reports that needed to run for Pay Activ for our employees hours and earnings. But the representative worked with me to fix the issues and it has turned out to be an amazing feature for our employees allowing them access to their wages and saving them money from other high interest options they may have sought out before Pay Active. Review collected by and hosted on G2.com.

What problems is Payactiv solving and how is that benefiting you?

Times have been tough for everyone through the pandemic. It has put our employees in tough situations and found some living pay check to pay check. Pay Activ has allowed our employees to pay their bills on time, grab food from the grocery store, with never having the feeling of how am I going to make it through to the next week by giving them instant acess to their wages with minimal fees instead to the high interest rates charged at other places. Review collected by and hosted on G2.com.

Jeannette S.
JS
Sales Manager
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about Payactiv?

Very easy to use and helpful when your in a tight spot !! Review collected by and hosted on G2.com.

What do you dislike about Payactiv?

Kinda slow picking up the hours like it should Review collected by and hosted on G2.com.

Recommendations to others considering Payactiv:

Easy to use Review collected by and hosted on G2.com.

What problems is Payactiv solving and how is that benefiting you?

Helpful when you need money and your in a tight spot ! Review collected by and hosted on G2.com.

KB
Payroll Manager
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Payactiv?

PayActiv is very easy to use and the employees are always so helpful. The employees are always willing to help and go above and beyond. The amount they charge to access funds is more than reasonable and a lot of employees benefit from their service. It is a great company and I love working along side of them. Review collected by and hosted on G2.com.

What do you dislike about Payactiv?

I cannot say I dislike anything about PayActiv honestly, I never have any issues or problems with them. Review collected by and hosted on G2.com.

What problems is Payactiv solving and how is that benefiting you?

PayActiv has helped so much with our new employees who are having to wait 3-4 weeks for their first check. They are able to access funds prior to their first check which helps them out. It also helps existing employees with emergencies that arise. There are so many benefits for the employees and also for us. We would lose potential employees due to them having to wait so long for their first check but with PayActiv we are able to have them access funds as soon as their first week working with us. It is a great company to have on our team. Review collected by and hosted on G2.com.

Verified User in Outsourcing/Offshoring
UO
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about Payactiv?

Shariq has been splendid through our company's journey with PayActiv. He is very responsive and attentive whenever we have issues. When he gave us the training, he was very thorough and detailed on how the process works. He also shared with us the marketing material and where to find everything on the hub. Even after this, whenever we needed assistance with training material and the like, we would reach out to him, and he would point us in the right direction on where to get it. The part about employees being able to get their pay in advance is amazing, as well as, all the features the app and platform offer. I specially like the financial assistance where you teach users how to better use their money. Also, the gas promotion was awesome! Review collected by and hosted on G2.com.

What do you dislike about Payactiv?

During our implementation, our representative at the time Ed Meehan, was slow responding to our inquiries and issues. Sometimes, it would take days for him to get back to us, or he would only get back to one of our team members. We held various meetings with him about the status of the process and in the end, the implementation was delayed by a week because they did not have all the employees in the system yet. Also, as of late, I’ve received emails, out of nowhere, from members of the PayActiv stating they’re in charge of the account and that they’d like to hold a meeting. For me, building a relationship with the company and knowing there’s a go-to person that will quickly and effectively assist me is vital. Having the people in charge of the account be swapped or attempt to be swapped without prior notice to the client is confusing. However, in each case, I expressed my desire to stay with the same people and they accommodated this. Review collected by and hosted on G2.com.

Recommendations to others considering Payactiv:

Choose Shariq for your representative and reach out whenever you have an issue, they are very understanding. Recently, we had some employees have issues enrolling and others with their recent deductions. I sent Shariq their names, he quickly responded to my email and was able to send my inquiries to the right person. In a matter of hours the issue was resolved. Review collected by and hosted on G2.com.

What problems is Payactiv solving and how is that benefiting you?

Most of our employees use the pay in advance feature to pay their bills in time since some of them live paycheck by paycheck and need to get their funds ahead of payday. We have heard great things from them about the PayActiv service, and they are happy that, we, as a company offer this benefit to them. Also, the gas promotion PayActiv shared with all its users was well received. Our team is glad that we offer this benefit and that they can use their money when they most need it, especially in the times we are currently living. Review collected by and hosted on G2.com.

WL
Payroll Specialist
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Payactiv?

I love how easy and private it is - I don't have to do anything but tell my employees about it. Review collected by and hosted on G2.com.

What do you dislike about Payactiv?

So far, there is nothing that I have found to dislike. We have used it for almost 2 years. Review collected by and hosted on G2.com.

Recommendations to others considering Payactiv:

This is an invaluable tool for your employees and yourself! There is no cost, no time involved, no maintenance to you, and no administrative duties at all. I HIGHLY recommend this program and have added it to my onboarding process. Review collected by and hosted on G2.com.

What problems is Payactiv solving and how is that benefiting you?

The amount of garnishments from the payday loan places has diminished considerably. I like that there is financial counseling available as well, so maybe people can get off the merry-go-round. Review collected by and hosted on G2.com.