Indiana has passed earned wage access (EWA) legislation into law.“Indiana’s HEA 1125 codifies the industry’s best practices into law, including recognizing that On-Demand Pay is a unique financial product, and mandating appropriate consumer protections,” EWA provider DailyPay said in a Tuesday (May 6) news release emailed to PYMNTS.The company added that Indiana joins other states, including California, Nevada, Utah, Arkansas, Missouri, Kansas and South Carolina.“We applaud Indiana legislators for responding to the realities facing working people in the state and ensuring continued access to a crucial financial option with common-sense guardrails that allow consumers and businesses to benefit,” DailyPay Vice President of Public Policy Ryan Naples in a statement.Last month, PYMNTS reported that DailyPay was expanding its services to Canadian customers.The company will make its On-Demand Pay platform available to new and existing clients with operations in Canada, DailyPay said in an April 30 press release.“Expanding into Canada is a major step in our mission to better serve our multinational clients and partners and to provide On-Demand Pay to everyone, everywhere,” DailyPay Vice President of International Josh Durodola said in a statement.Earned wage access offers paycheck-to-paycheck households an alternative to high-risk loan options and bank overdraft fees when they don’t have the savings to pay for unexpected expenses, according to the PYMNTS Intelligence and The Clearing House collaboration, “Living Paycheck to Paycheck: Real-Time Payments for Financial Health.”In April, the New York State attorney general sued DailyPay and MoneyLion, alleging illegal and deceptive conduct and abusive lending practices.The lawsuits claim that the companies’ services are payday loans, adding that fees on these short-term loans can amount to annual interest rates of as much as 750%.They also alleged that the lenders use abusive tactics to push borrowers to take out new loans to cover gaps created by earlier ones.“While many New Yorkers are worried about making ends meet, DailyPay and MoneyLion are making tremendous profits by extracting workers’ hard-earned wages,” New York Attorney General Letitia James said in the release. “I’m suing DailyPay and MoneyLion because New Yorkers deserve to keep the money they earn, not have it taken by predatory lenders.”

Stagg Restaurants, LLC a San Antonio, Texas-based McDonald’s franchisee, has partnered with DailyPay – a worktech company and leader in On-Demand Pay.Through this partnership, Stagg Restaurants, LLC employees can access their earned pay as they earn it. With DailyPay, employees can save, spend, and invest on their own agenda, no longer needing to wait for a scheduled payday.Stagg Restaurants is among the largest McDonald’s franchisees in Texas, operating 36 McDonald’s restaurants. Experiencing growth, Stagg Restaurants turned to DailyPay to appeal to the innovative workforce needs of QSR employees.As employee expectations evolve with the times, research shows QSR employees recognize the positive impact of having access to their pay before the traditional bi-weekly paycheck. Research conducted by YouGov, commissioned by DailyPay, indicates that over half (56%) of QSR employees say getting paid more frequently at work than they currently do would be “very” or “extremely” beneficial to them. In addition, with the ability to strengthen the employee-employer relationship, the research also found that nearly half (49%) of QSR employees surveyed said early access to earned pay would enhance their view of their employer.“Today’s workforce is looking for employers to support them both inside and outside of the workplace”, says George McClure, Business Director for Stagg Restaurants, LLC. “Partnering with DailyPay was one of many ways we looked to achieve that and indicate our support for our employee’s personal and professional wellbeing.”In addition to offering DailyPay’s On-Demand Pay solution, Stagg Restaurants, LLC has a robust total rewards package