Cheq is an initial of its type ‘Pay On need’ solution which allows working Aussies to access their future wages instantly.

The fintech enables customers access to as much as $200 and fees a fixed deal charge of 5% without any extra costs or interest, that is paid back via direct debit on the next payday that is upcoming.

That charge is well underneath the yearly 52% to 1,000per cent that Cheq stated Aussies are increasingly being charged by many people payday loan providers on comparable quantities.Read More