ePay / Direct Deposit

Integrated Electronic Payments and Payroll

PaymentEvolution Payroll provides fully integrated epay - electronic payment services. You can directly deposit your employee payroll into their bank accounts - on time, securely and accurately.

No more cheques

  • Finalize your payroll and we'll automatically issue payments to your staff.
  • Save money: it typically costs a small business over $2 to issue a cheque. With ePay, pay your staff for only 50¢ per transaction.
  • Go green: no more paper, lost cheques, reissues, stop payments - secure, online payments will simplify your payroll.

How it works

PaymentEvolution ePay is the fast, simple way to pay your staff - all online. Funds are directly deposited into their bank accounts.

  • Funds are debited from your corporate account as one transaction.
  • Once your funds are cleared, your employees are sent their payments.
  • Processing time is 4 business days. For typical Friday payments, you should finalize your payroll by NoonET the previous Monday.

Fees

Service Fee
Transactions 50¢ per payroll transaction. The debit from your source account counts as one.
  85¢ per B2B transaction.
Remittance $2.50 per payrun
Rush Remittance $15 per occurrence
Rush, rejected payments, charge-backs, changes etc. $30 per occurrence
Rejected funding of payments, NSF $50 per occurrence
Trace, investigations, specialist etc. $79/hr
One time setup / change of source bank details $55 plus applicable taxes

No risk 15-day trial. No credit cards required. Free plans available