Research aims to bring pay-on-demand to restaurant employees

March 25, 2024

Seneca Applied Research and CPOS, a tech company specializing in payment systems, are working on a project to help restaurants offer employees pay-on-demand.

The CPOS product ShiftPay would enable restaurateurs to pay employees’ wages and tips on a daily basis, while also managing shift schedules and invoices.

On-demand pay enables employees to get the money they’ve earned when they want it rather than on a company schedule. It’s a trend that’s starting to catch on globally and has been touted as appealing to those in the gig economy.