What do employees want? Direct deposit of their paychecks, for one. With EinsteinHR, you can offer employees direct deposit at a much lower cost than if you did it yourself with an in-house payroll system. And, you could see increased productivity once your employees are freed from standing in bank lines on payday.

EinsteinHR’s direct deposit system offers the ultimate in flexibility:

• Each employee can have an unlimited number of direct deposit accounts at any number of banks.
• The employee can have flat amounts or percentages deposited into their accounts.
• The entire net check, less a specific flat amount, can be deposited (i.e., the employee always gets a $50 check, and the remainder is deposited into a checking account).

With EinsteinHR Online Employer™ , you can set up direct deposit for your employees yourself. The user-defined bank table shows the name of the bank for data-entry verification. This table also contains the format of the bank account numbers for the bank; ensuring accounts with the correct number of digits are entered. Individual direct deposit transactions can automatically be suppressed on supplemental paychecks.

Visa Payroll Debit cards
EinsteinHR’s Visa®-branded payroll debit card allows you to offer direct deposit to those employees who don't have a traditional bank account or who don't want their pay deposited to their existing bank accounts.

How do Visa®-branded payroll debit cards work? We direct deposit money directly into your employee’s Visa®-branded payroll debit cards account on payday. The employee can access the funds 24 hours a day, 7 days a week, via purchases everywhere Visa is accepted, plus pinned point-of-sale merchant terminals (grocery stores, gas stations, U.S. Post Offices, etc.), and ATMs.

Why offer Visa®-branded payroll debit cards benefits to your employees? It helps consolidate your payroll processing, while saving your employees money in check-cashing costs, and decreasing the risk of fraud associated with issuing checks.

With a simple application through EinsteinHR, you can have a card in about 7-10 business days. Call us for more information at 877-687-3622 (emc2).

EinsteinHR offers nationwide online payroll reporting & administration services, get a quote.

For more information on EinsteinHR's online payroll reporting & administration services, contact an EinsteinHR online payroll reporting & administration service specialist at 877-687-3622 (emc2).