Hong Kong’s virtual bank ZA Bank announced the launch of “Salary FastPass”, an interest-free early payday product in Asia that allows users to get their monthly payroll up to 7 days in advance.
ZA Bank said that the Salary FastPass seeks to “give workers back a say in their salary and let them take back control of their payday”.
Users can complete the application for the feature within the ZA Bank app, without the need to change their payroll bank account.
“Salary FastPass” is now open for applications from a selected group of users who can apply for the product once they receive an invitation from ZA Bank.
Starting from today, both existing and new users can register to enter the waitlist through the official website or the ZA Bank App.
Rockson Hsu
Rockson Hsu, CEO of ZA Bank said,
“Some traditional payroll bank accounts are still featuring higher deposit rates or fee waivers, which may not be well-received by employees. Therefore we decided to be the ‘Game Changer’ for all Hong Kong workers by creating the first interest-free early payday product in Asia, making every penny earned count. With ‘Salary FastPass’, we seek to revitalise the traditional mindset of Hong Kong’s financial services sector and set the next trend.”
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