EWA (Earned Wage Access) (अर्जित वेतन एक्सेस (ईडब्ल्यूए))
Earned Wage Access lets salaried employees withdraw part of the salary they have already earned before payday, usually through an employer tie-up, for a small flat fee. It is an advance on your own earned money, which distinguishes it from a payday-style loan against future income.
Worked example
By the 18th you have earned ₹15,000 of your ₹30,000 salary; an EWA app lets you withdraw, say, up to ₹7,500 of it for a flat fee of around ₹100. The withdrawn amount plus fee is adjusted in your month-end payroll.