Jify vs Refyne
Jify
jify.coRefyne
refyne.co.inSide by side
| Figure | Jify | Refyne |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | — | Yes |
| iOS | — | Yes |
| Android | Yes | Yes |
| Plans published | 0 | 0 |
| Spec score · Earned Wage Access Software | 7.1 (#10) | 7.1 (#11) |
| Company history | Jify says it is now part of the Moneyview entity. | Refyne says it launched Salary On-Demand in 2021 to give employees access to earned wages when needed. |
| Eligibility limit | Employees can access Jify if their employer has partnered with it, and the portion of salary available varies based on employer inputs. | Individuals cannot sign up directly; Refyne benefits are offered through an employer partnership. |
| Fees | Jify says employers pay nothing, while its FAQ lists a per-transaction processing fee as low as ₹ 5 for earned salary access. | Refyne says employers can offer the benefits at no cost, while employees pay an upfront transaction fee when accessing funds; the number of withdrawals can be set by the employer. |
| Headquarters | Jify's terms list its address as Santacruz West, Mumbai, Maharashtra, India. | Bengaluru, Karnataka, India |
| Integrations | Jify says it integrates with attendance, payroll and HRMS systems, and employers can also use offline modalities. | Refyne supports automated API integrations and can use employer, employee, salary, and attendance information for eligibility and salary calculations. |
| Product | Jify is an employer-partnered financial wellness service that lets employees access a portion of their earned income before payday. | Refyne describes itself as a financial wellness suite offering employees salary access, financial education, and tools for long-term financial planning. |
| Salary access | The amount employees can withdraw depends on employer-set limits; Jify’s on-demand salary page says the limit can range from 50% to 100% of salary. | Salary On-Demand lets employees access accrued salary before payday, with short-term withdrawals deducted from that month’s payroll. |
| Security | Jify says employee data is behind firewalls and is not shared with third parties for commercial purposes. | Refyne states that it is ISO 27001 and SOC 2 certified, encrypts data at rest and in transit, and has a dedicated InfoSec team. |
| Support | Jify lists customer support by phone at 08044656300 and by email at [email protected] or [email protected]. | The FAQ says partner organizations receive a dedicated Key Account Manager providing 24×7 support. |
In their own words
Jify
Jify is an Android app that employers can offer for on-demand access to earned salary and financial-wellness tools. Employees create accounts free of charge, but eligibility requires an employer partnership and employer-set limits; Jify says available access can range from 50% to 100% of salary. Earned salary access carries no interest, with a listed processing fee as low as ₹ 5 per transaction. The employer deducts advances from month-end salary, while three fixed EMIs are available only when the employer selects that option. The app includes a credit-score tracker, bill pay, budgeting, financial counselling, rewards, discounts, savings tools, and a money manager. Jify describes transfers within 30 minutes and top-ups up to 5× salary. Savings include digital gold from ₹1 and fixed deposits from ₹1,000.
Refyne
Refyne is an employee financial wellness suite that combines access to accrued salary, financial education, and planning tools. Salary On-Demand lets employees withdraw earned pay before payday; short-term withdrawals come out of that month’s payroll and carry an upfront slab-based transaction fee, but the fee amount is not published. Refyne says access can reach an employee’s account in 60 seconds, while larger borrowing amounts require eligibility checks. Money Guru offers one-to-one sessions with SEBI- or CFP-authorised advisers, free to employees at partner companies. The Personal Finance Manager provides spending and budget insights, expense goals, PF and loan EMI calculators, and CIBIL score checks. Other listed offerings include Scan and Pay, a prepaid Visa card, gold savings, pocket insurance, Salary Protect, and a savings account. The service is available on Android, iOS, and web, as well as through WhatsApp, and supports 11 regional languages. Employers may offer benefits at no cost, but access requires an employer partnership; individuals cannot sign up directly. Pricing is on request.