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DailyPay sues New York to thwart threatened lawsuit over worker pay product

Reuters
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DailyPay offers a product that lets workers collect paychecks faster in exchange for a fee.

The New York -based financial technology company said its only fee is a $ 3.49 charge to expedite money transfers.

DailyPay said its product "does not create a debt obligation" for workers trying to bridge the gap between payroll schedules and bills.