Faster electronic payments

Faster electronic paymentsWe’ve introduced faster electronic payment processing

Finish your payroll on Monday, staff get paid that Friday

You asked, we listened: You can now process payroll by NoonET Mondays and still have your staff paid that week on Friday. We’ve shortened the payment processing window to so you can now process payroll the same week you want your staff paid.

Why are we doing this? Some of our clients were not able to process payroll on Fridays to accomodate time-based staff. Others needed the weekend to get the extra work done. We’ve worked with the Canadian payments industry to reduce the processing time and are now able to offer a shortened 4 day payment window.

What about semi-monthly payments? Just finish your payroll 4 days prior by NoonET. For example, if you want your staff paid for Mar 15, 2012 – then process your payroll by NoonET Mar 9 (normally this would be Mar 11, but it falls on a weekend, so you should process your payroll by the next earliest business day)

Will this cost more? NO, we’ve kept our processing fees and transaction costs to just 50 cents per transaction.

How do I get started? If you are already using electronic payments then just process your payroll as normal (and enjoy the extra time to get it done!) If you haven’t setup electronic payments yet, it’s easy – just visit http://paymentevolution.com/epay and request the documents to get started.

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