How it works
From KYB to cycle close, in one platform.
PayDay is built around the payroll cycle. Each step is auditable, attributed, and aligned with WPS.
- 1
1. Employer KYB
The employer submits CR number, VAT number, and company contacts. A PayDay platform admin reviews and approves before any employee data is onboarded.
- 2
2. Employer onboarding
The approved employer configures their EWA policy — eligibility rules, caps, fee structure — and uploads their employee roster via HRMS sync or CSV.
- 3
3. Employee verification
Each employee activates their account via an OTP sent to the phone and email their employer registered. There is no public self-registration.
- 4
4. EWA request
The employee views their live earned-wage balance, sees the fee in SAR before confirming, and submits a request. The fee is fixed at confirmation.
- 5
5. Disbursement
PayDay disburses the requested amount via the connected payment rail. Most employees see funds within minutes.
- 6
6. Reconciliation
At cycle-end, the employer uploads a reconciliation register. Deductions are tracked at the individual and batch level, with full audit trail.
- 7
7. Cycle close
PayDay generates a WPS-format report and closes the cycle. Settlement dashboards give platform admins a full view across all employers.
Want to see this in action?
Book a 20-minute walkthrough — we'll show you the full lifecycle on a sandbox tenant.