A SYSTEM AND METHOD FOR PROVIDING ON-DEMAND EARLY WAGE DISPERSALS AGAINST ACCRUED EARNINGS

摘要

#$%^&*AU2019232871A120200409.pdf#####ABSTRACT A system is provided for providing automated early dispersals of accrued but unpaid wages to a worker who has accrued wages from one or more employers. The system includes one or more customizable applications associated with the system, a communications platform in the form of an application 5 programming interface for integrating and communicating in real-time with one or more databases containing employment and accrued wages information, a processor and memory that stores instructions from each of the one or more customizable applications. The instructions, when executed by the processor, cause the processor to receive a request for an early dispersal of wages from the worker, communicate in real-time with the one or more databases via the applications programming .0 interface to collect employment and accrued wages information of the worker, automatically determine an early dispersal amount, dispersing the early dispersal amount to the worker upon processing the early wage amount, informing the worker of the determined early dispersal amount and collecting, at a time of wage payment, the early dispersal amount and a fee for service. A method is further provided for providing automated early dispersals of accrued but unpaid wages to a worker who has accrued .5 wages from one or more employers. 10452039-1 24FIG. 1 EMPLOYER OF WORKER (4) EMPLOYMENT INFORMATION (A) EARLY DISPERSAL INSTRUCTION (D) FERLY DISPEL SAL LREQUEST PAYMENT PROVIDER() WORKER (1) EA~RLY2 R c;E5 DISPERSAL PAYDAY (E) PAY (F) FINANCIAL INSTITUTION (2) WORKER ACCOUNT (3) PRIOR ART