I've been checking more about the workPAY and workLOAN highlights and I see this part "Brilliant Investing Choose to contribute your workPAY stores with workLOAN to give your cash something to do quicker than any customary type of contributing"
good luck ......
But basically the payout also works as a loan because the platform/loan giver gets the money later.
Depends, if employers is directly involved there is no need for a loan.
workLOAN, now it has better name - workADVANCE is just advancing already verified work.
So there is no a real loan, employees are earning for already performed work and since employers are not in the system they will need to pay additional fee.
Based on location these fees can be in form of interest, standard fee or tip.