An Online Payday Advance is the fastest and simplest method of getting a Payday Advance. All that the customer has to do is to go to the website hosted by the lending institution and click the relevant link.

The link takes the customer to the web page containing the application form [Customer Information Sheet], which should take no more than 2 minutes to complete. The form contains basic details such as age, source of income, bank credit history and more, to determine whether the borrower will have the means to repay the advance.

After completing the form, the user submits it to the lending institution using the `submit button on the web page. Based on the details, the crediting institution sends an email with the borrowers customer service username and password. [This step is necessary to keep confidentiality and to prevent misuse]. The email usually contains clear instructions to the customer, for instance, to `click on the ""confirm"" link in the email, to complete the application process. This step ensures that the customers email ID is genuine. Some lenders may require the borrower to fax his/her personal check with the number that is entered in the application, a current bank statement, and the last 2 pay stubs to prove the general financial standing. This completes the application process.

Then the lending institution studies the application, verifies the details [including references, bank statements of his regular checking account, etc]. Once convinced, the lender approves the application and lets the customer know by phone or email that the application is approved. Then the borrower signs the Loan Agreement.

The advance cash is electronically deposited in the customers bank account that evening. The repayment is done by debiting this cash advance plus fees, APR, from the customers bank account, electronically as per his or her `Payment request [which too can be submitted online around 2 days prior to the pay day].

Customer lender communication and funds transactions are almost entirely done online in this type of Payday Advance.