Dosh vs Payactiv

Dosh is an earned wage access platform for employees of participating companies. It connects to an employer’s payroll system to track wages as they accrue, allowing eligible employees to request up to 25% of their monthly salary before payday. By default, employees may request one advance per week, though employers can configure a different limit. Dosh charges a flat 10% transaction fee on the amount requested. The amount accessed and fee are deducted from normal pay on the next payday and itemised on the payslip. Approved funds are sent to a bank account or mobile wallet, often within minutes. Dosh describes wage access as not a loan and says it involves no credit check or interest. Employees need a participating employer with integrated payroll, a South African ID, mobile number, bank account, and three months of bank statements to sign up. The Android app is available on Google Play; Dosh says iOS is coming soon. The company says it uses encryption, access controls, and audit trails, and does not sell personal data. Dosh says the benefit costs employers nothing to run.

Payactiv is an employee mobile app and web service for accessing earned wages. It supports instant wage transfers to a bank and connects with payroll and timesheet systems. Timesheets provide the earnings data used for wage access, so recorded work time is central to the service. Eligibility rules apply. Employees can use Payactiv on Android, iOS, or the web. The service follows a freemium pricing model and lists a free plan. Its listed capabilities focus on transferring wages, integrating payroll information, and connecting timesheet records rather than general payment use. Payactiv was founded in 2012. The facts do not specify transfer amounts, fees, or the details of its eligibility rules, so those terms are not defined here. For employers, the payroll and timesheet integrations are part of the listed setup. For employees, the service provides several access platforms and a bank transfer method for instant wage access.