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02 Apr Clair Launches Mastercard Debit Card to present Complimentary Wage Improvements to Hourly Workers

NEW YORK--( BUSINESS WIRE )--Clair, a social impact embedded fintech startup transforming exactly just how hourly workers receives a commission, today announced a partnership with Mastercard to give economic health for America's 82 million non-exempt workers, building from the two businesses' provided mission to foster an even more comprehensive electronic economy.

Beginning straight away, users whom join Clair will get the Clair Debit Mastercard, which hourly employees may use to get into their free day-to-day wage improvements. These improvements, without any interest re re re payments or other costs, are derived from the hours they have worked every day. In place of waiting fourteen days due to their paycheck or dropping straight back on high-interest pay day loans, workers can instantly utilize their Clair Debit Mastercard to fund fuel, food, or bills. They are able to additionally go shopping anywhere Mastercard debit is accepted via Tap & Go В® contactless payments making no-fee money withdrawals at a lot more than 55,000+ ATMs worldwide.

The partnership with Mastercard enables Clair to offer wage improvements totally free to both companies and workers. Unlike having bank that is traditional, prepaid cards, or payroll cards, Clair users won't ever need to pay account or inactivity fees, providing them with absolute transparency and control of their funds.

Clair's rapidly expanding integration system is linked to over 1 million hourly workers utilizing numerous payroll and peoples money administration platforms. Leveraging Mastercard technology, Clair intends to carry on developing brand brand brand new financial loans when it comes to hard-to-reach worker community that is hourly.