
Partnership17 Dec 2024, 08:45 pm
Emerald Finance Ltd Partners with ALFAS WHEEL DEAL for Early-Wage-Access Program
AI Summary
Emerald Finance Ltd has partnered with ALFAS WHEEL DEAL, a Sole Proprietorship, to offer its Early-Wage-Access program to the employees of the firm. This partnership aims to provide instant financial relief to the employees by allowing them to access part of their salaries seamlessly throughout the month. Emerald Finance Ltd, in line with its vision to expand its offerings and to serve retail customers at large, had been working on a salary advance solution. This product entails tying up with employers to offer short term loans as salary advance, with the amount lent being collected through salary deduction.
Key Highlights
- Emerald Finance Ltd has partnered with ALFAS WHEEL DEAL to offer Early-Wage-Access program
- The program aims to provide instant financial relief to the employees
- Emerald Finance Ltd has been working on a salary advance solution
- The solution involves tying up with employers to offer short term loans as salary advance
- The amount lent is collected through salary deduction