A compelling suite of health and wellness
protection for DasherDirect Cardholders
TORONTO, March 28,
2023 /CNW/ - Payfare Inc. ("Payfare"
or the "Company") (TSX: PAY), a leading fintech powering
instant payout and digital banking solutions for the gig workforce
is excited to announce that eligible DasherDirect cardholders can
now access free essential health and wellness tools, including life
and accidental death and dismemberment insurance, through Wellness
Perks.
Wellness Perks Core, available at no cost for all active
DasherDirect cardholders, includes $1,000 in life insurance and $10,000 in AD&D coverage; housing, debt, and
credit counseling; an ESG advisor and a well-being advisor to
improve Dashers' financial and physical well-being; and a
prescription drug savings program. In addition, users also have the
option to access and customize broader coverage at an affordable
price with Wellness Perks Essentials. These include dental and
vision savings plans, roadside assistance, critical illness
insurance, accident medical coverage, group fitness classes, mental
health support, and more – all on-demand for just $1/week each.
Through this partnership with Avibra, Payfare can now provide
gig workers a compelling suite of free health and wellness
protection and perks alongside uniquely affordable add-on options
for additional coverage. Gig platforms that partner with Payfare
can offer access to optional, third party financial services,
health, and wellness benefits to attract and retain gig workers
while providing the flexibility of work valued by independent
contractors.
"Working with Avibra, Payfare is solving another significant
pain point for both gig workers and gig platforms," said
Marco Margiotta, CEO and Founding
Partner of Payfare. "With the Wellness Perks program, we can now
provide our cardholders access to much needed health and wellness
protection which in turn also helps our gig platform partners
attract workers."
"The workforce is changing dramatically in the United States. Americans are looking for
ways to have greater control and balance in their daily lives, and
gig work is the solution. Unfortunately, gig workers can sometimes
feel stuck without a safety net. Demand for a solution has
accelerated," said Yogesh Shetty,
Avibra CEO and founder. "Avibra is thrilled to partner with Payfare
because our missions are one. Together, Payfare and Avibra will
help gig workers live happy, healthy, and fulfilling lives on their
own terms. This is the future of work."
About Payfare (TSX:PAY)
Payfare is a global financial technology company powering
digital banking and instant payment solutions for today's gig
workforce. Payfare partners with leading platforms and
marketplaces, such as Uber, Lyft and DoorDash, to provide financial
health for their workforce.
About Avibra
Avibra helps consumers from all walks of life by offering
affordable financial, well-being and protection coverage. Avibra
works with retailers, gig platforms, fintechs and more to unlock
basic safety-net benefits through their enterprise platform. By
providing access to a previously underserved population, Avibra's
mission is to help more individuals feel happier, healthier and
safer. For more information, visit www.avibra.com.
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content:https://www.prnewswire.com/news-releases/payfare-partners-with-avibra-to-launch-wellness-perks-301783293.html
SOURCE Payfare