Paytime

Paytime is an Australian employer-sponsored earned wage access platform. The employer integrates Paytime with their payroll and timekeeping systems (including Xero, MYOB, or a custom API). Employees can then withdraw a portion of their already-earned wages at any time via the Paytime app. The withdrawn amount is automatically reconciled in the next scheduled pay run.

Paytime charges employers a SaaS subscription fee. The exact amount is quoted based on company size and configuration. Setup is free for the employer.

Paytime charges a fixed flat fee per withdrawal, similar in structure to an ATM fee. The fee does not scale with the withdrawal amount. Employers can choose to subsidise this fee, making access free for employees. Because fee levels are set per employer contract, the specific amount is confirmed during employer onboarding.

No. Paytime does not charge interest or late fees. Employees access wages they have already earned, so no new credit is extended.

Paytime integrates with Xero, MYOB, and supports custom API connections for other payroll and ERP systems. Paytime's technical team manages the integration on the employer's behalf, which is intended to reduce the setup burden for smaller businesses.

No. Paytime provides access to wages the employee has already accrued. It is regulated as an earned wage access service under ASIC's framework, not as a consumer credit or loan product.

Paytime suits Australian employers, particularly SMEs already using Xero or MYOB, who want to offer earned wage access as a staff benefit. Employees cannot access Paytime independently without their employer being on the platform.