Set up direct deposit to pay employees electronically and securely.
Setting Up Direct Deposit
- Company Bank Account:
- Go to Settings → Banking
- Add your business checking account
- Verify with micro-deposits (1-2 days)
- Employee Accounts:
- Employees enter banking info in their portal
- Or upload voided check during onboarding
- Support for multiple accounts (split deposits)
Direct Deposit Timeline
- 2 Business Days Before Payday: Submit payroll
- 1 Business Day Before: Funds debited from company account
- Payday: Funds available in employee accounts by 9 AM
Split Deposits
Employees can split their pay across multiple accounts:
- Fixed dollar amount to savings
- Percentage to checking
- Remainder to another account
- Up to 3 accounts per employee
Secure: All banking information is encrypted and PCI-DSS compliant.