{"id":13403,"date":"2021-01-21T18:04:40","date_gmt":"2021-01-21T18:04:40","guid":{"rendered":"https:\/\/www.dailypay.com\/?p=13403"},"modified":"2025-05-21T08:53:20","modified_gmt":"2025-05-21T12:53:20","slug":"dailypay-off-cycle-payroll-payments-solution","status":"publish","type":"post","link":"https:\/\/www.dailypay.com\/resource-center\/blog\/dailypay-off-cycle-payroll-payments-solution\/","title":{"rendered":"Introducing CYCLE: DailyPay\u2019s Latest Innovation"},"content":{"rendered":"\n<p>Over the last six years, DailyPay has revolutionized the way Americans are paid. Traditional pay cycles are becoming a thing of the past as on-demand pay technology empowers employees to get paid as they need it.&nbsp;<\/p>\n\n\n\n<p>DailyPay\u2019s latest innovation is called CYCLE: a game-changing product that is revolutionizing the payroll industry by helping employers and employees across the country save millions of dollars each year. This feature will allow the disbursement of electronic off-cycle payroll payments, eliminating the need to wait for a paper check to be processed, distributed and cashed.<\/p>\n\n\n\n<p>After a year of piloting this product with a number of blue-chip, forward-thinking companies, CYCLE hits the market today with the mission to relieve payroll professionals from much of the time-consuming and costly burden of handling<a href=\"https:\/\/www.dailypay.com\/webinars\/solve-off-cycle-pay-problems\/\"> <\/a><strong><a href=\"https:\/\/www.dailypay.com\/webinars\/solve-off-cycle-pay-problems\/\">off-cycle payroll payments<\/a>.<\/strong> This labor-intensive process often entails the creation of paper checks for bonuses, termination pay, payroll errors or making other necessary payments to employees outside the established pay schedule. The creation of the paper check and the costs to send it to the recipient through overnight mail, as required in many states, can cost upwards of $50 per check.<\/p>\n\n\n\n<p>In this time when companies are prioritizing optimization of every dollar, those costs are simply wasteful. For the employees, many are forced to utilize predatory check-cashing establishments, which carry a high surcharge. Not to mention the margin of error this process leaves for mail theft, lost checks, misprints and other mishaps that require the entire procedure to be repeated. The use of paper checks also creates unnecessary environmental waste, which can be eliminated by using CYCLE instead.<\/p>\n\n\n\n<p>CYCLE supports all direct deposit accounts, including bank accounts, pay cards and general purpose reloadable (GPR) cards. Employers can send off-cycle payroll payments via CYCLE to any employee, whether they are enrolled in DailyPay or not. New CYCLE features&nbsp; have also been added for batch payments and second approver functionality. CYCLE amounts are funded by DailyPay, so there is no need to pull these amounts from company operating accounts before the next payroll is run.<\/p>\n\n\n\n<p>You can also schedule a no-obligation demo to see how CYCLE can help your company save time and money.<\/p>\n\n\n\n<span class=\"wp-block-dailypay-btn\" data-version=\"e71b\"><a class=\"btn btn-primary \" target=\"_self\" rel=\"noopener\">Get a free demo<\/a><\/span>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over the last six years, DailyPay has revolutionized the way Americans are paid. Traditional pay cycles are becoming a thing of the past as on-demand pay technology empowers employees to get paid as they need it.&nbsp; DailyPay\u2019s latest innovation is called CYCLE: a game-changing product that is revolutionizing the payroll industry by helping employers and<a class=\"read-more\" href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/dailypay-off-cycle-payroll-payments-solution\/\">Read More<\/a><\/p>\n","protected":false},"author":32,"featured_media":13404,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[147],"tags":[423,628,408,614,60,344],"class_list":["post-13403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-employer-payments-platform","tag-it","tag-off-cycle-payments","tag-operations","tag-payroll","tag-tip-disbursement"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Introducing CYCLE: DailyPay\u2019s Latest Innovation - DailyPay<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/dailypay-off-cycle-payroll-payments-solution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Introducing CYCLE: DailyPay\u2019s Latest Innovation\" \/>\n<meta property=\"og:description\" content=\"Over the last six years, DailyPay has revolutionized the way Americans are paid. Traditional pay cycles are becoming a thing of the past as on-demand pay technology empowers employees to get paid as they need it.&nbsp; DailyPay\u2019s latest innovation is called CYCLE: a game-changing product that is revolutionizing the payroll industry by helping employers andRead More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.dailypay.com\/resource-center\/blog\/dailypay-off-cycle-payroll-payments-solution\/\" \/>\n<meta property=\"og:site_name\" content=\"DailyPay\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/dailypay\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/trydailypay\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-21T18:04:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-21T12:53:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/dailypay-off-cycle-payroll-payments-solution.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"DailyPay\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@dailypay\" \/>\n<meta name=\"twitter:site\" content=\"@dailypay\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"DailyPay\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Introducing CYCLE: DailyPay\u2019s Latest Innovation - DailyPay","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.dailypay.com\/resource-center\/blog\/dailypay-off-cycle-payroll-payments-solution\/","og_locale":"en_US","og_type":"article","og_title":"Introducing CYCLE: DailyPay\u2019s Latest Innovation","og_description":"Over the last six years, DailyPay has revolutionized the way Americans are paid. Traditional pay cycles are becoming a thing of the past as on-demand pay technology empowers employees to get paid as they need it.&nbsp; DailyPay\u2019s latest innovation is called CYCLE: a game-changing product that is revolutionizing the payroll industry by helping employers andRead More","og_url":"https:\/\/www.dailypay.com\/resource-center\/blog\/dailypay-off-cycle-payroll-payments-solution\/","og_site_name":"DailyPay","article_publisher":"https:\/\/www.facebook.com\/dailypay","article_author":"https:\/\/www.facebook.com\/trydailypay\/","article_published_time":"2021-01-21T18:04:40+00:00","article_modified_time":"2025-05-21T12:53:20+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/www.dailypay.com\/wp-content\/uploads\/dailypay-off-cycle-payroll-payments-solution.png","type":"image\/png"}],"author":"DailyPay","twitter_card":"summary_large_image","twitter_creator":"@dailypay","twitter_site":"@dailypay","twitter_misc":{"Written by":"DailyPay","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.dailypay.com\/resource-center\/blog\/dailypay-off-cycle-payroll-payments-solution\/#article","isPartOf":{"@id":"https:\/\/www.dailypay.com\/resource-center\/blog\/dailypay-off-cycle-payroll-payments-solution\/"},"author":{"name":"DailyPay","@id":"https:\/\/www.dailypay.com\/#\/schema\/person\/0dc5e72435b747402bdc50b62513acd9"},"headline":"Introducing CYCLE: DailyPay\u2019s Latest Innovation","datePublished":"2021-01-21T18:04:40+00:00","dateModified":"2025-05-21T12:53:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.dailypay.com\/resource-center\/blog\/dailypay-off-cycle-payroll-payments-solution\/"},"wordCount":371,"publisher":{"@id":"https:\/\/www.dailypay.com\/#organization"},"image":{"@id":"https:\/\/www.dailypay.com\/resource-center\/blog\/dailypay-off-cycle-payroll-payments-solution\/#primaryimage"},"thumbnailUrl":"https:\/\/www.dailypay.com\/wp-content\/uploads\/dailypay-off-cycle-payroll-payments-solution.png","keywords":["Employer Payments Platform","IT","Off-Cycle Payments","Operations","Payroll","Tip Disbursement"],"articleSection":["Blog"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.dailypay.com\/resource-center\/blog\/dailypay-off-cycle-payroll-payments-solution\/","url":"https:\/\/www.dailypay.com\/resource-center\/blog\/dailypay-off-cycle-payroll-payments-solution\/","name":"Introducing CYCLE: DailyPay\u2019s Latest Innovation - DailyPay","isPartOf":{"@id":"https:\/\/www.dailypay.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.dailypay.com\/resource-center\/blog\/dailypay-off-cycle-payroll-payments-solution\/#primaryimage"},"image":{"@id":"https:\/\/www.dailypay.com\/resource-center\/blog\/dailypay-off-cycle-payroll-payments-solution\/#primaryimage"},"thumbnailUrl":"https:\/\/www.dailypay.com\/wp-content\/uploads\/dailypay-off-cycle-payroll-payments-solution.png","datePublished":"2021-01-21T18:04:40+00:00","dateModified":"2025-05-21T12:53:20+00:00","breadcrumb":{"@id":"https:\/\/www.dailypay.com\/resource-center\/blog\/dailypay-off-cycle-payroll-payments-solution\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.dailypay.com\/resource-center\/blog\/dailypay-off-cycle-payroll-payments-solution\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.dailypay.com\/resource-center\/blog\/dailypay-off-cycle-payroll-payments-solution\/#primaryimage","url":"https:\/\/www.dailypay.com\/wp-content\/uploads\/dailypay-off-cycle-payroll-payments-solution.png","contentUrl":"https:\/\/www.dailypay.com\/wp-content\/uploads\/dailypay-off-cycle-payroll-payments-solution.png","width":1200,"height":628,"caption":"A computer screen displaying the DailyPay software dashboard with financial information about a specific user. The sidebar has navigation options, and the main section shows transaction details. The screen is next to the DailyPay logo and the word \"CYCLE."},{"@type":"BreadcrumbList","@id":"https:\/\/www.dailypay.com\/resource-center\/blog\/dailypay-off-cycle-payroll-payments-solution\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Resource Center","item":"https:\/\/www.dailypay.com\/resource-center\/"},{"@type":"ListItem","position":2,"name":"Blog","item":"https:\/\/www.dailypay.com\/resource-center\/blog\/"},{"@type":"ListItem","position":3,"name":"Introducing CYCLE: DailyPay\u2019s Latest Innovation"}]},{"@type":"WebSite","@id":"https:\/\/www.dailypay.com\/#website","url":"https:\/\/www.dailypay.com\/","name":"DailyPay","description":"Earned Wage Access Provider - DailyPay","publisher":{"@id":"https:\/\/www.dailypay.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.dailypay.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.dailypay.com\/#organization","name":"DailyPay","url":"https:\/\/www.dailypay.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.dailypay.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.dailypay.com\/wp-content\/uploads\/dailypay-logo.svg","contentUrl":"https:\/\/www.dailypay.com\/wp-content\/uploads\/dailypay-logo.svg","width":157,"height":39,"caption":"DailyPay"},"image":{"@id":"https:\/\/www.dailypay.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/dailypay","https:\/\/x.com\/dailypay","https:\/\/www.instagram.com\/trydailypay\/","https:\/\/www.linkedin.com\/company\/dailypay-inc\/","https:\/\/www.youtube.com\/channel\/UCOHcuqx2v4Yqpm1bdt1AMWA"]},{"@type":"Person","@id":"https:\/\/www.dailypay.com\/#\/schema\/person\/0dc5e72435b747402bdc50b62513acd9","name":"DailyPay","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/e42f21a99897a3d3491b8b93da6117f50707d53af06c27b3db445d48b6477a8a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/e42f21a99897a3d3491b8b93da6117f50707d53af06c27b3db445d48b6477a8a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e42f21a99897a3d3491b8b93da6117f50707d53af06c27b3db445d48b6477a8a?s=96&d=mm&r=g","caption":"DailyPay"},"description":"DailyPay, the leading provider of the daily pay benefit \u2014 a benefit offered through employers that allow employees to receive instant access to their earned income, works across a wide range of industries, including quick service restaurants, hospitality, retail, healthcare and other services. One in six Americans now has access to DailyPay through our trusted payroll service partners, including ADP, Paycor, SmartLinx, Netspend and other HR and payroll technology providers, who offer the daily pay product to their customers. With DailyPay, employees can pay bills on time and avoid late fees, helping them to reach their financial goals. Companies have reported that DailyPay increases employee engagement and retention and helps to support recruitment. DailyPay is backed by leading venture capital firms and world-class strategic investors. The company is headquartered in New York.","sameAs":["https:\/\/www.facebook.com\/trydailypay\/","https:\/\/www.linkedin.com\/company\/dailypay-inc\/","https:\/\/x.com\/dailypay"],"url":"https:\/\/www.dailypay.com\/author\/dailypay\/"}]}},"_links":{"self":[{"href":"https:\/\/www.dailypay.com\/wp-json\/wp\/v2\/posts\/13403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dailypay.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dailypay.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dailypay.com\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dailypay.com\/wp-json\/wp\/v2\/comments?post=13403"}],"version-history":[{"count":0,"href":"https:\/\/www.dailypay.com\/wp-json\/wp\/v2\/posts\/13403\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dailypay.com\/wp-json\/wp\/v2\/media\/13404"}],"wp:attachment":[{"href":"https:\/\/www.dailypay.com\/wp-json\/wp\/v2\/media?parent=13403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dailypay.com\/wp-json\/wp\/v2\/categories?post=13403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dailypay.com\/wp-json\/wp\/v2\/tags?post=13403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}