The pros and cons of earned wage access


Paywatch Malaysia Sdn Bhd co-founder and chief executive Richard Kim.

THE earned wage access (EWA) debate continues to rage on, despite the fact that most Malaysians have yet to hear of such a scheme, with it being the relatively new kid on the financial inclusion agenda block.

In a nutshell, EWA is the financial facility of allowing a company’s employees access to a portion of their wages before the traditional payday, usually to meet some immediate financial needs.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Trading ideas: Pasukhas, BHIC, JAKS, Protasco, Sarawak Cable, Epicon, Annum, Yinson, Ajinomoto
New warehouses poised to propel Tasco
Australian airport project expected to fuel PGF’s earnings
Epicon exits PN17 category
Duopharma’s new RM578mil contracts a positive
IOIProp to gain from higher wages
BHIC bags Navy submarine job from Mindef
CIMB Niaga looks to adopt stricter pricing discipline
Feytech Holdings aims to raise RM114mil from IPO
Bursa on track to hit pre-tax profit target for FY24

Others Also Read