A direct deposit system has many advantages to employees, as well. Perhaps the greatest advantage for them is that they now do not have to spend their valuable personal time driving to a bank and then waiting in line. In addition, for your employees who do not bank in a traditional manner, we have a new option that has benefits for them: VISA™ payroll cards.
Direct Deposit
By implementing a direct deposit plan, there are enormous savings to be had in time, money and natural resources.
We can deposit into any bank or credit union in the U.S. Furthermore, there is no limit as to the number of accounts into which an employee may have deposits made. In addition, banking fees are dramatically reduced and you no longer need to perform bank reconciliation. Moreover, with no paper check to be copied or stolen, fraud is eliminated. Both of these mean less time and money spent by you.