The solution that gives your employees immediate access to their earned income, without waiting for the usual payday.
Flexpay is neither a loan nor a salary advance. It’s the flexibility of receiving your income for the days you've already worked, with no additional fees or interest rates, on the Coverflex platform.
We work out a daily amount for each employee based on their monthly net salary. Every day employees can keep track of what they earn and see an increase in the available amount.
Allow your employees more control over their payments. With Flexpay, employees can schedule salary transfers and decide how often they want to be paid throughout the month.
Provide convenience and flexibility to employees by allowing the immediate transfer of the salary for the days they have already worked. With Flexpay, you can immediately transfer the available amount or part of it.
Jane's salary translates into a daily amount of 60€
She wants to be paid over the course of the month, rather than in one go.
Jane schedules transfers to be made every 5 days
She will be paid €300, 5 times a month. She can change the number of monthly payments at any time.
On her next payday, Jane will receive her monthly salary minus €1,500.
The amount transferred during the month is deducted from her net salary.
Jane can cancel her scheduled transfers
She can start getting paid in one go at any time.