Direct Deposit

Paytime can deposit your employees’ net wages to an unlimited number of accounts. We initiate all ACH direct deposit transactions through a single bank to streamline our process and make direct deposit more reliable and accessible for you, regardless of where you bank.

Benefits of Direct Deposit:

• Saves you time and money
• Eliminates fees for “stop payment” and replacement checks on stolen or lost checks
• Eliminates the need for special check handling when your employees are out of the office
• Helps to eliminate employee banking during the workday
• Low-cost benefit to offer your employees
• Employees can be sure that on payday their money is in their bank account, not lost, stolen, or waiting to be cashed.
• Net pay is available immediately on checkdate versus a paycheck, which has to be presented before funds can be accessed