In this article, I will be reviewing the top 5 apps like MyPayNow Australia that can help you when unexpected costs hit and you need a short-term solution that helps avoid more costly options. So, whatever your emergency cash need may be, there is sure to be a good alternative for you from any of the MyPayNow alternatives below.
MyPayNow is a trusted and legit lending Fintec platform licensed and regulated under the Australian Securities & Investments Commission (ASIC). The organization provides one of the best pay advance apps and pay on demand loan services in Australia using very reliable digital lending techniology. It is regarded as one of the best apps that provides payday advance loan services in Australia, allowing you to borrow money for specific purchases and offers quick access to your salary before your net paycheck.
Top 5 Apps Like MyPayNow Australia That Serve As Reputable Alternatives For Instant Payday Advances Until Your Next PayCheck
The best cash advance apps like MyPayNow Australia that offer viable pay on demand services and personal loans to its customers for unexpected expenses, include BeforePay, WagePay, PayActiv. Commbank AdvancePay and PressPay. These applications offer quick and easy access to cash, and work by allowing you to borrow money against the value of your next pay cheque seamlessly.
1. Beforepay App
Beforepay app is one of the most popular apps like MyPayNow Australia that gives loan from $50-$1500 of your next pay just before your payday. The online Fintec loan platform allows borrowers access to the money already earned instantly. With Beforepay, you can get a loan with a flat fee of 5% with no interest rate before your salary comes.
Beforepay app also allows you to spend smarter as the platform seeks to understand your income, your spending habits and make sure you can see what bills are coming up. If you need an app like MyPayNow for emergency cash loan, Beforepay is definitely a top option you should consider.
2. Commbank AdvancePay App
When life happens, CommBank AdvancePay, one of the best apps like MyPayNow Australia provides pay on demand services and allows you access up to a quarter of your pay early, each pay cycle. With real-time deposits, you can get the cash you need to get back on track in just 60 seconds! The platform is very reliable and trusted pay advance app and works exactly like MyPayNow, enabling you to take out a cash advance loan to pay for any emergency before your next payday.
This company has been in existence for a long time and has a lot of success stories on the internet. With CommBank AdvancePay, you can take a minimum loan of about $300 to any amount before your next payday. This loan would have a single $5 fee for every $500 you take. That means you will pay a $5 fee for $500 and $10 for $501-$1000, etc.
3. WagePay App
WagePay is one of the best payday apps like MyPayNow Australia that helps you take a cash advance loan of up to 25% of your current wages and repay back with a tiny one-time extra fee of about 5% of the total loan amount.
This digital lender however is not as common as CommBank AdvancePay and Latitude due to its short period, but it is however one of the leading lifesaving apps you can take out a quick cash loan fast and repay back on your next payday with minimal interest rates.
4. PayActiv App
PayActiv is another popular and reputable app like MyPayNow Australia that offers cash advance on wages that you’ve already worked but not yet gotten paid. PayActiv partners with several businesses to provide on-demand access to employees. Similarly, it offers other financial services like savings, budgeting tools, and financial health measurements. You can use PayActiv even if your employer isn’t enrolled in PayActiv. It uses time and attendance information to offer earned wages. If you are looking for apps like MyPayNow, PayActiv app is definitely one of your best go to platform for instant cash.
5. PressPay App
PressPay app is a wages pay advance service platform that works like MyPayNow app and allows employees to access their money before their payday through a simple SMS service. Unlike other apps considered above, it does not involve the employer. Users can register within two minutes by providing their mobile number and filling out an online application. If approved, the user will receive a text message confirming the details and become eligible within 5 minutes.
The borrowed amount will be automatically repaid from the user’s nominated account on their next payday. However, PressPay cannot be accessed by self-employed individuals and users must earn at least $450 every week and have a weekly, bi-weekly, or monthly payment schedule.
MyPayNow pay advance app offers a sleek and intuitive user interface that allows you to easily request your wages in advance of payday. The pay on demand lending platform connects to your bank account and seamlessly deposits funds into your account, and requests funds in return once you are paid your salary.
The best lending apps like MyPayNow Australia that offer viable pay advance and pay on demand services to its customers for unexpected expenses include BeforePay, WagePay, PayActiv. Commbank AdvancePay and PressPay among others. These applications offer quick and easy access to cash, and work by allowing you to borrow money against the value of your next pay cheque without a credit check, documentation or collateral.