Case Study: Wagepay achieves real-time repayments and instant reconciliation with Monoova’s PayTo solution

Wagepay gets two-thirds of users on PayTo agreements with Monoova

Wagepay is a company that provides Australians with early access to their earned wages. They needed a way to manage customer repayments that was faster and more reliable than traditional direct debits, which could take days and sometimes failed after appearing settled. They turned to the payment solutions provider Monoova for a better alternative using PayTo.

With Monoova's assistance, Wagepay integrated PayTo to enable real-time payment authorisation and settlement. This solution transformed their user experience with faster repayments and provided operational efficiencies through better payment visibility and instant reconciliation. Since launching PayTo with Monoova, close to two-thirds of Wagepay's users have active PayTo agreements, supporting the company's plans for significant growth.

Wagepay