Benefits

Walmart-backed OnePay deepens workplace finance push with Workday Wellness partnership

OnePay said it will plug financial tools into Workday Wellness and enhanced direct deposit switching, a move that could streamline pay and budgeting for Walmart-linked workers.

Lauren Xu2 min read
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Walmart-backed OnePay deepens workplace finance push with Workday Wellness partnership
Source: globalfintechseries.com
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OnePay’s new Workday Wellness tie-up could matter most in the place hourly workers feel money stress first: payroll. The Walmart-backed fintech said April 8 that it would integrate its services with Enhanced Direct Deposit Switching and Workday Wellness, giving employers a way to surface banking, investing, credit-building and related tools inside systems employees already use.

What is announced now is the partnership itself. OnePay said the goal is to let employers offer financial benefits inside Workday, while Workday says its Wellness platform is built so partners can deliver benefits seamlessly within the product. For workers, that points to a future in which switching pay deposits, checking available financial tools and managing some money benefits may happen in the same HR flow used for payroll and benefits, instead of through a separate app or website.

What is not clear yet is how quickly that shows up for Walmart-related workers, or which employers will adopt it first. The announcement did not spell out a Walmart-specific rollout, which financial products will be turned on by default, or how much employee data would move between payroll, HR and OnePay. Those details will matter, especially for associates who are careful about who can see deposit choices, savings behavior or other account information.

The move fits a broader shift in retail and hourly work, where employers are treating financial wellness as part of retention and day-to-day support. For workers living paycheck to paycheck, a smoother direct deposit switch or a clearer view of benefits can be more useful than a glossy perk. It can also help with practical problems that come up between paydays, like balancing bills, tracking savings or building credit without having to navigate multiple platforms.

AI-generated illustration
AI-generated illustration

Workday has been building that ecosystem since it launched Workday Wellness in September 2024 as an AI-powered way for companies to see which benefits employees want and use. By late 2025, Workday said partners including Chime, Spring Health, Lyra Health, Empathy and Airvet were already in the program, showing that OnePay is joining a growing marketplace rather than launching a one-off feature.

The timing also underscores how fast OnePay has moved inside the Walmart orbit. OnePay said in March 2025 that One became OnePay, and reporting in January 2026 put its valuation above $4 billion, up from $2.5 billion in 2024 after a $300 million round led by Walmart and Ribbit Capital. In June 2025, OnePay and Synchrony said Synchrony would become the exclusive issuer of OnePay credit cards at Walmart. Now the company is pushing beyond cards and payments into the workplace systems that shape how workers get paid.

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