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Direct Deposit Payroll

Direct Deposit Payroll enables businesses to originate ACH credit transactions to pay employees electronically. The benefits of direct deposit payroll are many, the largest of which is there are no checks to be lost or stolen. In addition, employees do not have to go to their bank to cash or deposit their check, which can often eat up their break time and encroach into business time as well. Check stock expense is reduced and efficiencies are gained by eliminating the time it takes to print and sign checks. Studies show that a business can save as much as $157 per employee each year with Direct Deposit Payroll. Direct Deposit Payroll is a desired employee benefit that can be delivered easily using our user-friendly internet cash management system, Business Smart Online. This program can also be used for other types of employee payments such as commissions/bonuses and expense reimbursements.

Directo™ Direct Deposit Accounts

The first step to a successful direct deposit program is for all your employees to have a bank account. With our partner Directo™, the largest paycard company in America, we are able to offer all your employees an FDIC insured bank account, even those who previously could not get or did not have a checking account. No one can be turned down for this type of account! In addition, Directo™, combined with our online direct deposit payroll program, allow your employees to enjoy the following benefits:

  • Never pay check-cashing fees.
  • Access to their money 24 hours a day, 7 days a week, 365 days a year, worldwide.
  • Eliminate time spent going to the bank to cash checks.
  • Increased security.
  • An FDIC insured account that is not tied to their employer. If they change jobs, the account "moves" with them.

Directo™ enables your business to:

  • Save money
  • Significantly reduce or eliminate payroll check costs
  • Eliminate cost and hassle of lost, stolen, or forged checks
  • Increase productivity
  • Prevent need for employees to leave work to cash checks
  • Eliminate need for payroll check reconciliation
  • Expand direct deposit initiative
  • Enable all employees to participate in direct deposit of payroll
  • Gain a competitive advantage
  • Easily implement a seamless, turnkey program through HR and Payroll

Customized Employee Packages

Let us create a package of banking solutions just right for your employees that you can offer them as a valuable added benefit to their current compensation package.