It is an electronic payment service that allows you to transfer the funds to cover payroll, reimbursement of expenses, commissions and other payments due to your employees to their checking or savings account at any financial institution. You determine the date when the payment will be reflected in their accounts.

Benefits for your company:

• It reduces operational costs since there is no need to prepare, print, store or verify payroll checks
• It facilitates the payroll account reconciliation
• It eliminates problems related to lost or stolen checks
• It eliminates fraud possibilities
• As the employee feels more at ease with Direct Deposit, this results in greater productivity for the company
• With Web Cash Manager_SM you can process your payroll payments wherever you are through the Internet

Benefits for your employees:

• Free, the employee does not pay for the service
• Fast, no need to be in line at the bank to cash or deposit the check
• Accessible, payroll funds are available very early on payday through any automatic teller machine
• Convenient, the deposit is available even when on vacation or absent from work
• Flexible, the deposit may be made to the checking or savings account of the financial institution the employee selects, even if it is not the same one used by the employer