Advance and OWTO inks Partnership to give Ready On-Demand Earnings to its Drivers

The pandemic has exposed faults in worker protection systems, leaving frontliners like gig workers without a safety net. A number of independent workers in the transportation network company (TNC) and transportation network vehicle service (TNVS) have to wait 30 to 45 days for their compensation to be released to them.

OWTO drivers no longer have to wait that long to receive their earnings, thanks to a forged partnership between OWTO and Advance. Drivers get paid on the day of service itself. Each time a driver completes a trip for OWTO's partners, their earnings will be registered in OWTO's app and made available for withdrawal anytime. This flexible payment scheme aims to help cover the drivers' needs between paychecks. OWTO drivers now have the flexibility to access their earnings as needed.

"OWTO's partnership with Advance is a formidable alliance that positions both companies to dominate their respective markets. We are very excited to work with Advance in creating opportunities, surpassing key targets & achieving common goals in service of a wider consumer base," said OWTO CEO Joel Gayod. "With OWTO's proven market resilience and Advance's core capabilities, there is no way but up."

This deal between Joel Gayod, Owto App CEO, and Addi Guevara, Co-Founder of Advance materialized on December 4, 2020, after a successful four-month pilot with Advance, who issued on-demand earnings services to OWTO's shuttle drivers while servicing a BPO giant.

Ready on-demand compensation is part of OWTO's initiatives to scale up the finances of its workers. By empowering them to take control of their finances, they no longer have to live paycheck to paycheck.

"These drivers are part of our front liners in today's reality," said Addi Guevara, Advance Co-founder. "They make it possible for others to continue making a living during these uncertain times. Through Advance's salary on-demand service, we hope to make life a little easier for them as well."

On-demand earnings will be extended to even more drivers under OWTO's shuttle operations as they expand services to other companies.