daVinci Payments’ Study Shows Boom in the Gig Economy and How to Attract Gig Workers and Grow Their Loyalty
Summary
daVinci’s study, conducted in November 2020, garnered responses that reflected workers’ motivations to participate in the growing gig market, including supplemental income, flexibility, and stability of work sources. Special savings offers delivered with their work pay, same-day payments and app-engagement experiences are highly sought after. An additional benefit of providing these services is that they are available at a lower cost than traditional payment methods.” A range of industries have shown reliance on gig work. • More than half of gig workers are Gen Zers and Millennials (18–39-year-olds) and have an annual household income of $50K or less. Blending art, science and a quarter-century of experience, daVinci delivers the most advanced payment solutions including virtual and physical prepaid, push pay and beyond with branded engagement for businesses, their contractors, customers, employees, participants and channel partners around the world.