Salary Advance & Earned Wage Access

Access your earned salary before payday. Compare EWA providers that work with your employer, or find individual salary advance options.

What is Earned Wage Access (EWA)?

EWA lets you access a portion of your already-earned salary before payday. Unlike loans, you're accessing money you've already worked for. This means lower fees and no interest in many cases.

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Up to 50% Earned

Access up to half of what you've already earned this month

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Instant Access

Most providers disburse within minutes to your account

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Auto Repayment

Automatically deducted from your next salary

Earnipay

Employer-Based

Partners: MTN, Dangote, Lafarge +2 more

Max Advance

50% of earned

Fee

3% flat fee

Disbursement

Instant

Type

employer

✓ Access up to 50% earned salary✓ No interest charges✓ Auto-repayment on payday✓ Financial wellness tools

Requirements: Employer partnership • Verified employment • Active bank account

PayDay by SystemSpecs

Employer-Based

Partners: Federal Government MDAs, State Governments, Private sector

Max Advance

50% of earned

Fee

2.5% processing fee

Disbursement

Same day

Type

employer

✓ Salary-backed loans✓ Competitive rates✓ No collateral✓ Direct salary deduction

Requirements: Employer uses Remita • Confirmed salary • Valid ID

Carbon Salary Advance

Individual

Max Advance

75% of earned

Fee

5-15% monthly

Disbursement

5 minutes

Type

individual

✓ No employer involvement✓ Higher limits for regulars✓ Credit building✓ Flexible repayment

Requirements: Salary account • 3 months bank statement • BVN verification

FairMoney Salary Advance

Individual

Max Advance

80% of earned

Fee

5-10% monthly

Disbursement

3 minutes

Type

individual

✓ Quick approval✓ Repeat borrower benefits✓ No paperwork✓ App-based

Requirements: Proof of salary • Bank statement • BVN

Renmoney EWA

Employer-Based

Partners: Unilever, Nestlé, Guinness +1 more

Max Advance

50% of earned

Fee

0% interest

Disbursement

24 hours

Type

employer

✓ Zero interest✓ Financial education✓ Savings feature✓ Wellness support

Requirements: Employer partnership • Minimum 6 months employment • HR verification

Paystack Advance

Employer-Based

Partners: Paystack customers, Tech companies, Startups

Max Advance

40% of earned

Fee

2% flat fee

Disbursement

Instant

Type

employer

✓ Integrated with payroll✓ Automatic repayment✓ Employee dashboard✓ No credit check

Requirements: Employer uses Paystack Payroll • Active employment • Bank account

Are You an HR Manager?

Offer salary advance as an employee benefit. Reduce absenteeism, improve productivity, and help your team's financial wellness - at no cost to your company.

💡 Salary Advance vs Payday Loans

Employer-based salary advance typically costs 0-3% vs 10-30% for payday loans. If your employer offers EWA, always choose that first. Check with your HR department.