# Instant Salary Payment Apps Stripe Lets Sharing Economy Workers Deposit Their Wages Immediately By Joey Haar | Published 2016-09-20 | Business Source: Trend Hunter, https://www.trendhunter.com/trends/stripe References: [wired](https://www.wired.com/2016/09/stripe-now-lets-business-instantly-pay-workers/) & [stripe](https://stripe.com/ca) The sharing economy, as exemplified by companies like [Lyft](https://www.trendhunter.com/trends/finishd-app) and [Uber](https://www.trendhunter.com/trends/uber-scaled-solutions) has created a new class of workers and [Stripe](https://www.trendhunter.com/trends/bulk-invoice-export-for-stripe) is a mobile payment system that makes it easier and faster for the employers of these transient workers to pay wages. Whereas in a regular, nine to five job, employees can simply be paid at regular intervals, workers in sharing economy jobs work irregular hours that they set for themselves. This makes it difficult for businesses to efficiently provide them with salaries. Stripe is a financial service used by Lyft and other large companies to speed up the payment process. Before using Stripe, Lyft drivers had to wait two to three days after their shift until their wages were deposited. The new service allows drivers to get their earning deposited literally the moment as a shift is complete. ## Trend Insights (Trend Hunter) - Score: 2.7/10 - Popularity: 30% | Activity: 44% | Freshness: 8% - Audience gender: 50% men, 50% women - Primary generations: Millennial, Gen X - Top markets: North America ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business) > [New Ventures](https://www.trendhunter.com/newventures) ## Key Themes ### Key Themes Behind This Trend - **Instant Payment Solutions:** Offering real-time payment solutions that eliminate the traditional delay of payments. - **Sharing Economy Payments:** Developing specialized payment systems designed to meet the specific needs of the sharing economy. - **On-demand Salary Deposits:** Enabling employers to make instant payments and providing workers with immediate access to their salaries. ### Where This Applies - **Fintech:** Creating payment solutions that are more efficient, transparent, and user-friendly. - **Gig Economy:** Adapting payment systems to accommodate the unique needs of freelance and on-demand workers. - **Mobile Payments:** Developing new payment solutions that are faster and more convenient than traditional methods. ## Related on Trend Hunter - [Employee-Focused On-Demand Pay Apps](https://www.trendhunter.com/trends/ondemand-pay.md) - [Early Wage Solutions](https://www.trendhunter.com/trends/tapcheck.md) - [On-Demand Payroll Benefits](https://www.trendhunter.com/trends/stinker-stores.md) - [Earned Wage Campaigns](https://www.trendhunter.com/trends/earned-wage.md) - [Instant Payment Platforms](https://www.trendhunter.com/trends/paywint.md) - [Remote Worker Payroll Apps](https://www.trendhunter.com/trends/remotepass.md) - [Tip Payout Systems](https://www.trendhunter.com/trends/fourth.md) - [Freelance Payment Platforms](https://www.trendhunter.com/trends/revolt.md) - [Ride Share Profit Calculations](https://www.trendhunter.com/trends/worththeryde.md)