Prizeout, the Premier Digital Cashout Marketplace, Partners With ZayZoon to Improve Financial Well-Being of Customers
Prizeout Corp., a first-in-class ad-tech company that works within a wide variety of industries, including gaming, gig-economy, payroll and finance to turn withdrawals into a growth solution for ecommerce and retail businesses, today announced a partnership with ZayZoon, an HR-tech company that helps employees navigate financial shortfalls. The collaboration with ZayZoon marks Prizeout’s first foray into the Earned Wage Access space, serving as an exciting milestone for both companies’ business growth.
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“This partnership with ZayZoon is special because it means we can provide people not just with added value, but added value on their hard-earned money”
Prizeout will be launching a new cashout option for ZayZoon that offers employees more value for withdrawals specific to essential services. This means ZayZoon customers accessing their wages early can choose to do so in the form of a gift card worth more than their payout amount. For example, a customer accessing $100 of their wages could receive $120 to use on services they need most like groceries, gas, and retail.
“This partnership with ZayZoon is special because it means we can provide people not just with added value, but added value on their hard-earned money,” said David Metz, CEO of Prizeout. “With a shared goal to improve financial wellness, ZayZoon’s message really resonated with us from the beginning, and we knew immediately that Prizeout could truly serve as a resource for their customers.”
ZayZoon teams up with employers of all sizes to provide their staff with access to financial wellness tools aimed at reducing financial stress related to cash flow shortfall between paychecks. These tools have been proven to aid with retention, increase employee productivity, and foster an overall more engaged workforce. The solution Prizeout and ZayZoon have brought to market allows employees’ paychecks to go even further, helping aid in ZayZoon’s mission of improving financial stability for employees.
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“With more than 80% of ZayZoon customers accessing their earned wages for necessities, we knew it was important to focus on merchants that provide essentials such as gas and groceries,” said Darcy Tuer, CEO at ZayZoon. “ZayZoon has established itself as a leading Earned Wage Access and Financial Education provider, but those are only pieces to a larger puzzle. Our partnership with Prizeout helps keep even more money in our customers’ pockets and is a significant step forward in our mission to set employees up for long term financial success.”
By integrating the two platforms, Prizeout is giving ZayZoon’s customer base a new withdrawal option that allows employees the unique ability to withdraw funds faster and more efficiently on the things that matter. In turn, such an integration serves Prizeout’s mission to give consumers “more for their money” while simultaneously allowing ZayZoon to continue being an industry leader in promoting financial wellness.
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