(CBS)-- A number of major employers are allowing their employees to have a payday, every day if they want. Uber, McDonald's and Westgate Resorts are among the companies partnering with so-called payday apps.
Jamil Mangan is an aspiring actor who also works a temp job, and is always worried about surprise expenses.
"Emergencies always pop up – and they pop up when you least expect them," Mangan says.
But now he has a lifeline in the palm of his hand. He's one of more than 100,000 people using DailyPay: an app that allows workers to tap into their current earnings days ahead of payday.
"I use it probably about twice a month, in times that I'm sort of in a bind, and I need some cash for the metro, or a cable bill comes in," explains Mangan.
"Our users range from the minimum range hourly employee, all the way up to someone who makes 6 figures a year," says Jason Lee, the CEO of DailyPay.
Jason Lee created DailyPay. It's just one of several insta-pay apps partnering with employers and their employees.
"This is not folks trying to buy a new flatscreen tv .. this really is 'hey, I've got rent coming due, and I'm just $80 short," Lee explains.
Fees range from just $1-$3 a transaction, a far cry from high-interest, high-fee payday loans. Critics of Insta-Pay apps say they can lead to bad habits like not planning ahead and not saving. Mangan tries to be responsible.
"I can determine whether I get paid instantly or whether I get paid on Friday," says Mangan.
DailyPay is only available to workers whose companies have partnered with the app.