Employees
FAQ's related to questions from Employees
Floatpays calculates your earned salary/wages daily, based on hours or days worked. A percentage of this earned amount is made available to you, as determi...
Tue, 10 Nov, 2020 at 12:57 PM
You can let us know that you and your employer are interested in the offering by visiting www.FloatPays.co.za and clicking on Sign me up.
Tue, 10 Nov, 2020 at 1:44 PM
As an employee, your transaction fee will be based on the amount withdrawn, just like you would pay at an ATM when you withdraw money. We do not charge reg...
Tue, 10 Nov, 2020 at 1:46 PM
Floatpays allows you to withdraw a percentage of the wages you have earned at the time of the withdrawal. That percentage is determined by your employer.
Tue, 10 Nov, 2020 at 1:49 PM
No. We are not a credit agency, the payment is not a loan, so we cannot report to the credit bureaus.
Tue, 21 Apr, 2020 at 4:12 PM
Unless your new employer also offers Floatpays, you will no longer be able to withdraw money using the Floatpays service. You will however still be a custo...
Tue, 10 Nov, 2020 at 1:54 PM
Floatpays sends money in two ways, the choice is yours when you withdraw money using the mobile application. You can send money to a bank account where ...
Wed, 21 Apr, 2021 at 12:08 PM
While Floatpays does not restrict the number of withdrawals that an employee can make, an employer may place a limit on the number of transactions that empl...
Tue, 10 Nov, 2020 at 2:06 PM
Once you make an EFT withdrawal request on the app, your money is available to you within the next two business days. Alternatively, you can do an inst...
Mon, 16 Nov, 2020 at 3:32 PM
Yes you can. Floatpays has passed strict audit and compliance requirements set forth by the regulators as well as by your employer. If you don’t receiv...
Tue, 10 Nov, 2020 at 3:08 PM