Verified
3.9
5.6
Overall Score
Rain Instant Pay is an employee financial wellness benefit. In fact, the company’s mission is to put an end to payday loans and other predatory lending services by allowing employees to choose when they receive their paycheck.
Rain Instant Pay is a free service for employers who offer Rain to their employees.
However, employees aren’t the only ones benefiting from Rain’s services. The company claims that employers will see a 200 percent increase in job applications, a 40 percent lower turnover among employees, and 86 percent of employees improving their job performance.
Rain Instant Payeasily integrates with most payroll systems and employees can easily view and manage their wages on Rain’s smartphone app.
QED’s (Rain’s founding investor) co-founder Nigel Morris has this to say about the software, “Rain gives the power to the worker, allowing them to take back control over their financial lives and receive the money they’ve earned without having to wait until payday. At QED, we call this income streaming, and we’re the most active investor in the trend globally because we have seen how it empowers employees and helps employers improve retention, productivity, and recruiting. We couldn’t be more excited for Rain to bring this social-impact model to millions of Americans.”
Although Rain Instant Pay is virtually free, employees will have to pay a fee. The company states that the fee is much like an ATM fee and appears whenever an employee withdraws his/her wages through the app. We should note the company has free options, including the following:
According to Rain’s website, over $170 billion was spent by Americans while they waited on their next paycheck. This number includes payday loan fees, credit card fees, overdraft fees, and low-balance fees. To help put an end to predatory products and payday loans, Rain Instant Pay is free to all employers.
The software smoothly integrates with most payroll systems, and employees can simply download the mobile app to their phone. The app allows employees to withdraw their paycheck whenever and wherever they are.
For more information, see the Rain Instant Pay reviews below.
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Shaketa Cushman Atlanta, GA
1 day ago
Verified Customer
Review Source
William Knoxville, TN
1 year ago
Reply from Rain
Aug. 19th, 2020
Verified Customer
Review Source
Latoya
1 year ago
Reply from Rain
Sep. 8th, 2020
Cpm12345 Troy, IL
6 months ago
Verified Customer
Review Source
Joanna
1 year ago
Reply from Rain
Sep. 8th, 2020
Verified Customer
Review Source
Jessica
1 year ago
Reply from Rain
Sep. 8th, 2020
Verified Customer
Review Source
Edna
1 year ago
Reply from Rain
Sep. 8th, 2020
Verified Customer
Review Source
Daiesha
1 year ago
Reply from Rain
Sep. 8th, 2020
Verified Customer
Review Source
Edmonia Charles Lafayette, LA
1 year ago
Reply from Rain
Aug. 17th, 2020
Verified Customer
Review Source
Richard
1 year ago
Reply from Rain
Sep. 8th, 2020
Verified Customer
Review Source
Jose
1 year ago
Reply from Rain
Sep. 8th, 2020
Verified Customer
Review Source
Sonya Taylor Convent, LA
1 year ago
Reply from Rain
Sep. 1st, 2020
Verified Customer
Review Source
Nae Quinn Gulfport, MS
1 year ago
Reply from Rain
Sep. 1st, 2020
Verified Customer
Review Source
Carmen Wiggins, MS
1 year ago
Reply from Rain
Aug. 24th, 2020
Catherine Hastings Chicago, IL
9 months ago
Reply from Rain
Aug. 11th, 2021
Scott R Mankato, MN
6 months ago
Verified Customer
Review Source
Nathaniel Davis
1 year ago
Reply from Rain
Sep. 1st, 2020
Verified Customer
Review Source
Marquilla Brannon Harriman, TN
1 year ago
Reply from Rain
Aug. 24th, 2020
Verified Customer
Review Source
Heaven Pasadena, TX
1 year ago
Reply from Rain
Aug. 17th, 2020
Verified Customer
Review Source
Melissa R Fulner Madisonville, TN
1 year ago
Reply from Rain
Aug. 7th, 2020
Verified Customer
Review Source
Mitchell Lafayette, LA
1 year ago
Reply from Rain
Sep. 1st, 2020
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