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Indiana’s HEA 1125 recognizes that On-Demand Pay is a unique financial product, and mandates appropriate consumer protections

May 8, 2025 //  by Finnovate

Indiana has passed earned wage access (EWA) legislation into law. “Indiana’s HEA 1125 codifies the industry’s best practices into law, including recognizing that On-Demand Pay is a unique financial product, and mandating appropriate consumer protections,” EWA provider DailyPay said. The company added that Indiana joins other states, including California, Nevada, Utah, Arkansas, Missouri, Kansas and South Carolina. Indiana’s HEA 1125 codifies the industry’s best practices into law, including recognizing that On-Demand Pay is a unique financial product, and mandating appropriate consumer protections. Indiana now joins multiple states across the country, including California, Nevada, Utah, Arkansas, Missouri, Kansas, and South Carolina, which have also taken affirmative steps to ensure appropriate regulation is in place for the product. “We applaud Indiana legislators for responding to the realities facing working people in the state and ensuring continued access to a crucial financial option with common-sense guardrails that allow consumers and businesses to benefit,” DailyPay Vice President of Public Policy Ryan Naples. The company will make its On-Demand Pay platform available to new and existing clients with operations in Canada, DailyPay said. “Expanding into Canada is a major step in our mission to better serve our multinational clients and partners and to provide On-Demand Pay to everyone, everywhere,” DailyPay Vice President of International Josh Durodola said.

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Category: Channels, Innovation Topics

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