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New Platform Announcement: Now on GrubHub, DoorDash, Instacart, and Fasten

82K views 430 replies 118 participants last post by  SEAL Team 5 
#1 · (Edited by Moderator)
Hey Drivers,

We're DailyPay! We put cash in your bank account each day for your earnings across different rideshare and delivery platforms. We are now accepting GRUBHUB DELIVERY, DOORDASH, INSTACART & FASTEN drivers as well as Restaurants on GrubHub and Seamless. We have thousands of Clients who receive cash the morning after they drive. There is no paperwork, no contract, no upfront fees, and no cancellation fees. Any day we make a deposit, the fee is as low as $0.99 and NEVER more than $1.49! Try us for 2 weeks free to see what we're about here.

You still may have some questions for us and we're here to help answer them! You may even be ready to sign up and you're in luck, because all UPNet members get a 2-week free trial here: https://www.trydailypay.com/drivers?ref=UPNET

We're here to help you get same day cash payments for your hard work! All questions, comments and feedback are appreciated - we want to hear from you!

The DailyPay Team :)
 

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#2 · (Edited)
DAILYPAY FAQ

DailyPay is a technology company founded by kids of hard working, immigrant families. We are dedicated to providing financial advancement to service providers in the On-Demand Economy. DailyPay is not a bank or a payday lender.

How much does it cost?


We charge a daily convenience charge only on the days you receive money. It is $0.99 per day if your combined earnings are less than $150 and $1.49 if they are greater.

When do I receive my money?


We make payments every day at 5:30pm and your payments should post to your bank first thing in the morning.

How much do I receive?


We pay a percentage of your net fares today and the remaining when the platform pays us back for our advances to you. Please note that NEW uber drivers, and people with car leases and/or fuel charges may get a lower advance rate.

How are funds transferred?


DailyPay transfers cash to you FIRST. We deposit the cash directly into your bank account.

Do I have to sign a long term contract?


Never. There are no long term contracts ever. You can stop being a DailyPay client whenever you want without any penalty.

How does DailyPay get the cash?

You update your payment information on the rideshare or delivery app (ex. Uber) with your DailyPay Account Number that is unique to you. First, we pay you every day you earn money straight into your bank account. Then, we wait until your rideshare or delivery company pays you into your DailyPay Account for your total fares from the previous week. That's how we get our money back.

Is the daily service charge tax-deductible?

DailyPay believes the service charge is a deductible business expense. You should check with your tax advisors. DailyPay does not give tax advice.

What happens if my earnings are adjusted?


Any adjustments will reduce the percentage we hold back. If the amount of the deduction and the DailyPay convenience charge is in excess of the hold back, DailyPay will deduct the excess amount from the reserve established in connection with a future transaction.

How can I cancel DailyPay?


You can cancel DailyPay anytime without any charges or fees. Simply log into your account and click the "Cancel" button in your "Account Settings" tab. Since DailyPay pays you first, you can return the money we already advanced you, or finish up the payment cycle.
 
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#5 · (Edited)
So to use your cash advance services the service fee is a dollar a day (if you want to receive upto 150 dollars of the potential income you already made in fares of that day)? If you don't use your service you don't have to pay the dollar service fee correct? There's no daily/monthly/yearly fee for just signing up for the system and not using it correct?

Just trying to understand it and hope others do as well before they use your service.

rates are cheaper than those brick in mortar cash advance services as long there isn't a fee being made when you are not using the service.

FYI: questions and answers like these would suit better in your FAQ page. Won't look like a scam as much if things are explained clearly.

Edit: Funny thought. Most Uber drivers won't be able to use the service fully. 150 dollars a day? Yea... After a 12 hour work day. lol I'm kidding... well kind of... actually reality just hit me and now I'm going to go cry in the corner.
 
#11 ·
Hi! Thanks! Let me know if the following answers all your questions:

1) There is NO fee is you aren't receiving money from DailyPay. There is NO daily/monthly/yearly/signup/maintenance/ongoing fee. NOTHING. Here's an extreme example: If you sign up on Monday and drive $100, you will receive that $100 from DailyPay less a $0.99 fee ($99.01). If you never drive ever again for the rest of your life, there will be no additional fees.

2) Yes, rates are cheaper than cash advance.

3) Thanks for the feedback. We're on it.

Some other things you might be wondering that you didn't ask:
1) There is NO minimum transfer amount. In other words, if you drive $88 dollars, or $33, or $13, you always receive cash from DailyPay. Now of course, some drivers like to set their own minimum transfer amount (i.e, "don't transfer if i make less than say $10 a day), but to be clear, there is no minimum amount to use our service.

Hope that clears things up!!!
 
#13 ·
Hi! That's a great question. Thanks for asking it on this thread.

Every day that you drive, you receive cash from DailyPay. You are charged $0.99 a day if that day's earnings are less than $150 and $1.49 if they are more than $150. It is a one time transfer fee on the day that you receive the cash.

So in your example:

If you receive $100 today, we charge you $0.99. Thats it. We DO NOT charge you $0.99 per day until we receive cash from Uber. That would be terrible =) Just a one time fee.

Let me know if that answers your question.

thanks!!!
 
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#15 ·
Thanks! I really respect your view, but I'm going to have to clarify a few things for others on this thread. We are not a payday lender. We are a receivable finance company. What that means:

1) We aren't making you a loan nor do we ever debit your account like payday lenders do. We "purchase" your driving invoice at a discount of $0.99 or $1.49 each day. It's no different than how a credit card works for a merchant. When you buy a shirt at a store, the credit card is "purchasing" that shirt on your behalf at a 3% discount to the merchant.

2) We don't ask you for the money back. That's what a payday lender does. Instead, we get our money back from Uber. Whilst that might seem like a trivial detail to some, it is actually incredibly important when you characterize the difference between our company and a traditional payday lender.

3) We love our Uber drivers, but our vision is for all On-Demand service providers. That includes drivers, restaurants, merchants, smes, yoga instructors, you name it. We purchase the invoice/receivable and then don't bother you again.

Anyway, that's the sausage making behind all of this. Again, I want to reiterate that I sincerely respect your view but it's not factually accurate to call our company a payday lender b/c we aren't making you a loan.

Many thanks!
 
#10 ·
couple things...

you guys focus on the "not a scam" thing WAY TOO MUCH. i highly doubt your investors would be happy with this video. whoever is in charge of your marketing... needs a different job.

while mentioning your not scammer is nice touching on it too many times makes me question your companies ability.... its just habit. say it once maybe twice but don't kick a dead duck. tell us what you guys do and what it involves. and please for my sake make a better quality video that doesn't focus on running away with my money I've worked hard for.

now... you guys are not being taken seriously because of that lack of important information vs unnecessary barf.

answer questions like...

if I open an account today... how fast do I get paid?

how much in fees do you take out?

why is the minimum draw $150?

am I paying per draw or am i paying a subscription fee?

is there a contract?

how do you get paid back?

all of these questions are basic and should have been answered right off the bat but instead the only thing I found here was you CLAIM to not scam people. and somewhere in that message there was a little clue that you offer cash advances of future earnings with a fee.

I you guys need someone for your new position (marketing/ social media specialist) that just opened up feel free to contact me and we can talk about my going rate.

ps the lady in the background talking on the phone COMPLETELY ruined your video because we miss a part of what you're saying at the end.
 
#16 ·
couple things...

you guys focus on the "not a scam" thing WAY TOO MUCH. i highly doubt your investors would be happy with this video. whoever is in charge of your marketing... needs a different job.

while mentioning your not scammer is nice touching on it too many times makes me question your companies ability.... its just habit. say it once maybe twice but don't kick a dead duck. tell us what you guys do and what it involves. and please for **** sake make a better quality video that doesn't focus on running away with my money I've worked hard for.

now... you guys are not being taken seriously because of that lack of important information vs unnecessary barf.

answer questions like...

if I open an account today... how fast do I get paid?

how much in fees do you take out?

why is the minimum draw $150?

am I paying per draw or am i paying a subscription fee?

is there a contract?

how do you get paid back?

all of these questions are basic and should have been answered right off the bat but instead the only thing I found here was you CLAIM to not scam people. and somewhere in that message there was a little clue that you offer cash advances of future earnings with a fee.

I you guys need someone for your new position (marketing/ social media specialist) that just opened up feel free to contact me and we can talk about my going rate.

ps the lady in the background talking on the phone COMPLETELY ruined your video because we miss a part of what you're saying at the end.
Thanks for the feedback. Yep, you're right. We suck at marketing. We are web and financial engineers. We need your help!!

With regards to your questions, I've pasted them below with answers underneath....let me know if any of this isn't clear:

if I open an account today... how fast do I get paid?
A: If you register prior to 5:30pm ET, you get paid the next day.

how much in fees do you take out?
A: Any day that you receive less than $150, we charge $0.99. Any day you receive more than $150, we charge $1.49. We do not charge any fee when you aren't receiving money.

why is the minimum draw $150?
A: There is no minimum. YOU can set your own minimum (most do $10), but there is no minimum transfer amount.

am I paying per draw or am i paying a subscription fee?
A: I think I answered this above but lmk if not clear.

is there a contract?
A: No. No contract, no maintenance fee, no sign up fee, no termination fee, no inactive fee, etc.

how do you get paid back?
A: By "you," I assume you mean DailyPay. If that's the case, we get our money from Uber when Uber pays your DailyPay account on Wednesday.

Lastly, I checked out your photography website. Awesome stuff. Really beautiful work. Everyone on this thread should check out this site, esp if you're in socal.
 
#19 ·
Hi Secotime,

We appreciate your thoughts and feedback. While we can't pretend to know anybody's financial situation, in the end, it's not relevant. DailyPay benefits everyone. The overall goal here is to create an even cash flow and improve your overall experience. Imagine that you can expand your geographical parameters, by having cash to pay toll fares today and drive wherever you want; Simply put, we make sure you have all that you need to meet your expenses and never fall behind. Consider that you have an array of expenses (gas, tolls, parking etc) and while you continue utilizing your funds, you're still waiting until pay day. With DailyPay, your flow will be consistent, helping you to stay on track with your personal goals. It is a great benefit to you and actually has nothing to do with your credit score.

If you'd like us to answer any questions for you, I invite you to shoot us an e-mail at support@trydailypay.com and we will be happy to provide more in-depth understanding!

Feel free to see what some of our clients have said about us! (https://www.trydailypay.com/drivers/clients)

I hope this helps to provide some clarity-- Thanks and have a happy Wednesday!
 
#20 ·
When UBER files for Bankruptcy who is responsible for your uncollected debt that you advanced to the driver? Do you consider us partners with Uber ;)

Any testimonials from verifiable local drivers!
 
#24 ·
You seem to be leaving out and a lot of individuals aren't noticing that you only pay 90% each day and hold 10% for any "fare adjustments." Just thought I'd let everyone know. It's kind of hidden on the site.

One of you daily pay guys need to sell me right now.....I'm on the fence about trying it out. Gimme your best shot. Lol.

Edit: you receive the 10% back on Thursdays.
Hi! Sorry if that's not clear. It's on the How it Work and Pricing pages and on the FAQ but we'll make it clearer.

The 10% is so we don't have to ask you for money back. We originally didn't have that but Uber makes various tiny adjustments along the way, a dollar here, a dollar there, etc. We found that instead of calling our clients and asking for small amounts of money back, it would be easier just to hold 10% and settle out at the end. For the avoidance of doubt, you will ALWAYS receive the same amount from DailyPay less our charge as you would have received with Uber. Always.

Hope that helps!!!!
 
#21 ·
You seem to be leaving out and a lot of individuals aren't noticing that you only pay 90% each day and hold 10% for any "fare adjustments." Just thought I'd let everyone know. It's kind of hidden on the site.

One of you daily pay guys need to sell me right now.....I'm on the fence about trying it out. Gimme your best shot. Lol.

Edit: you receive the 10% back on Thursdays.
 
#22 ·
Hello, Austin!

Thanks for your feedback. Truly appreciated! On our website, www.trydailypay.com, if you visit the tab entitled "How it Works", that information regarding 90%/10% structure is explained right under the fourth question: "How Much Do I Receive?". We certainly are interested in providing as much clarity and being as open as possible! The reason we do this, is to account for any discrepancies such as fare conflicts, and so on. It's for your protection as well as ours.

We definitely invite you to try us out! Please e-mail us at support@trydailypay.com and in your subject line 'ATTN: Enid'- and she will set you up with a completely free, no obligation 2 week trial! Let her know Kristina sent you her way. :O)

Thanks and hope to see you soon!
 
#26 ·
Hi! Yep, we are a paid advertiser. We originally had no intention of that but one of our wonderful clients (god bless his heart) posted a thread about us and when we responded, we were asked to become a sponsor. We have no problem following the rules of the Uberpeople Mods and respect their house! This is why in our text, we say "THIS IS AN AD" so nobody thinks otherwise.

Hope that helps!
 
#34 ·
Ladies and Gentlemen, think for a minute. Remember, UberX drivers really are cut rate cab drivers with no or few regulations who can not accept street hails.

One thing that has attracted many to the cab business over the years has been daily cash. That has faded, of late, as most people here, at least, pay cab drivers electronically.

It appears that what these guys are trying to do is to insert that cab daily pay thing into the TNC business. Since it costs them something to bring that to you, they must cover expenses. Since it is likely that they received some venture capital and put up some themselves, they must pay their shareholders. Allright, so you get the daily pay that attracted many to hacking, over the years, but for a price. If you need it, it sounds allright to me. I do not need it, as I pay for almost everything electronically. Still, I do understand that not everyone is in my situation.

If it sounds as if it might work for you, sign up. If you do not need it, do not. It does not necessarily look like a scam to me.
 
#43 ·
Hello Uber Drivers!

We're DailyPay (www.trydailypay.com/drivers). We're a new start-up that's based in NY. We have lots of venture capital backers blah blah blah (who really cares). More importantly, we provide a service to you Uber drivers (and other On-Demand service providers) where you can receive cash daily for your fares.

It's hard to offer a great financial product without folks thinking you're scamming them. So we thought we'd post here on UberPeople.net, see what kind of feedback we get, etc. Our clients love the product: (https://www.trydailypay.com/drivers/clients) but we know anyone can make this sh*t up (but we really didn't!).

Let's be honest - THIS IS AN AD! We want you to check out our page but we also would love feedback. We'll be here to answer any questions you may have.

PS I answered some comments below ahead of time that I'm sure we'll get =p

You're a scam.
No, we aren't. We give you money first. Then we hope and pray that you haven't fled the country so that Uber can pay us. We should be worried that you're scamming us, not the other way around.


This isn't legit. They are going to steal your info.

Nope, not right either. We PAY YOU FIRST. We're either legit or truly the worst scammers in the world.

Why would I pay PER DAY?? $7-10 a week??
Our service is for those who want predictable cash every day. That's what we offer. If this helps someone avoid a $40 rent check late fee, or a $29 credit card late fee, then we've done our job.

I should only have to pay when I need money
We have no desire to tell you what you or anyone else needs. If you want daily cash, then we'd love to have you. If you don't want it, then please don't use our service. But let's be honest... Who DOESN'T want cash every day!?

Only fools would ever need this.
Not cool to insult our clients.

You aren't affiliated with Uber. You suck.
Yes, we are not affiliated Uber or any other On-Demand company. Our vision is to provide the option (*not* requirement) for every service provider in the On-Demand economy to receive cash daily (Rideshare drivers, restaurants, yoga instructors, delivery people, doctors, etc).

You're idiots and you're scamming the Reddit community.
Perhaps yes on the former, but definitely no on the latter. Here's who we are:
So, tried signing up, said my account number is invalid.
 
#44 ·
dailypay

You have a great idea here. I'm curious as to how you are funding it, investment or credit, because I could see you easily sitting on millions in invoices very soon if you go after it aggressively, but I don't expect you to answer.

However you are doing it, I would advise you to scale up and spend now on marketing. You won't be a small fish in a big pond for very long and you need to grab market share while you can. When the big boys catch on, they will come in with a mountain of startup marketing investment.

You seem to be aware that your image and marketing are lacking. I hope you act on that now. You need professionals. I think having recognizable partners or sponsors on your front page would help you establish trust. Not sure what, but something like a paypal certified credit line or something that says you have the guaranteed ability to pay. A letter of credit from a major institution perhaps?
 
#46 ·
d
IF this is a legitimate and trustworthy company, there is nothing wrong with factoring invoices to pay current costs. If someone has a real need for cash now, say a prolonged period with no income and a need to buy food or pay for gas, I see nothing wrong with this at all. I would just urge people to not use it solely for spending cash they don't actually need. I would use it solely to have investment capital that would earn me more profit, IE make a car payment or pay for gas so I could earn more that i would otherwise no be able to, but that's me. To each their own.
Hi guys, yep I agree with everything said. Look, we want to provide the OPTION, not the requirement. In our core, we believe drivers should have this option (and for that matter, every service provider/sme in the On Demand Economy). But if you don't want the option, then don't visit our site! =)
 
#48 ·
You probably entered it in the routing # area? Routing is first on the form. Be sure to use any zeros preceding as they may count the digits?
Yep, there's a "checksum" to make sure nobody makes typos....but again, just call us or email us and we can figure it out. 888-991-3646. You'll also be able to write on this thread that we are real people who are actually pretty nice, after we connect! =)
 
#50 ·
Lyft already has express pay cap at $50 -.50c for immediate deposit. Uber of course doesn't, the service could be useful to some who need cash quickly, but the real benefits I'm seeing is collect the money before clients get their inefficient route refunds lol and you lose money from stupid uber support. Well all in all, good idea, but what happens when Uber adds this option?
 
#52 ·
Hi! First, love the quote.

Second, completely agree. There are lots of reasons folks have been signing up, and the variety of reasons has been the most fascinating part of this journey. We have everyone from the classic "hey, i just need money today to avoid late fees on rent and credit cards" to "hey, i like u guys handling the payments for me," to "having more money lets me pay for gas, etc so i can make more money." I think the most interesting response so far was "i'm buying a house and need to show a constant balance in my checking account to get a better mortgage"!

Anyway, please keep sending us live feedback. We love it.

Oh and ps - yep, we're totally aware Uber can add this option but we're happy to stand in the gap until they do =). Our company's purpose is to do this for every on-demand service provider, but we don't talk about our restaurants, yoga instructors, sme's, merchants on this site obviously

thanks!!!
 
#51 ·
Honestly the overall cost doesn't appear to be that much, at $1 a day you'd spend $365 on the service if you worked every day of the year. Sure in the long run that $365 could have made an extra car payment, but some people really do need the daily cash to not run even further behind, and some of them do crap like get payday loans.

I'm not advocating the service, I don't use it, I don't intend to use it, I don't think Uber drivers should use it...but it is an option for those that it might help. Yes, you should learn to manage your money and get yourself in a position where you wouldn't even consider a service like this, but for those that aren't, well, it's not nearly as bad of an option as a lot of other things that you might do.

The biggest downside I see is that, for those already bad at money management, this might some of cause them to get even worse at it. I could see the worst offenders now making excuses to themselves that it's ok to spend todays money ahead on something stupid because they'll always get another check tomorrow....
Hey there,

Thanks for your input. Everyone is entitled to their opinion, but we definitely want to make sure that everybody is well-informed of our product, how it works, what we offer, and so on and so forth! I invite yourself and everyone who perhaps might mot be entirely clear to check out our website at www.trydailypay.com, or go ahead and give us a ring at 1-888-991-3646-- We're real human beings and would love to have a conversation and answer any questions you might have... or just say hi!

Also, it's hard to ever pretend to know how anybody chooses to manage their money- and that's not what we claim to do. We don't claim to help you change your habits or manage your finances. We're here to provide rideshare drivers and other on-demand service providers the option to have even cash flow so you can spend your time focused on working, and, inevitably, making more money!
 
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