Direct Deposit Service

Wizard Payroll offers its clients direct deposit service, allowing staff wages to be electronically disbursed to the correct employee bank accounts automatically. Direct deposit is more convenient than dealing with paper checks; your staff can avoid standing in long lines at the bank in order to deposit their checks.

Direct Deposit Services Is Available In Tandem With Traditional Check Deposits

Oftentimes companies that use our direct deposit service for their payroll have a number of employees that still opt to receive paper checks instead. Although it might be confusing to keep track of a few outstanding paychecks when the majority of your payroll is processed with direct deposit, Wizard Payroll is glad to help; we can also reconcile your bank accounts.

Advantages of Direct Deposit

Direct deposit is a convenience to say the least. Your employees paychecks are deposited automatically and their funds are usually available for withdraw earlier than they would be if they had hand delivered their checks to the banks. Other advantages include:

• Increase your Productivity: When we deposit the money into your employees bank accounts, they no longer need to leave work to deposit their checks or be concerned about getting to the bank on time before it closes. Businesses often lose a handful of minutes each week (usually each friday) because the employee are in a rush to get to the bank.
• A Safer Way to Receive Money: When you use direct deposit, you don't need to worry about lost checks or printing out duplicates & voiding the old. The direct deposit system is much more secure than delivering checks to employees on paper.
• Still Receive Paycheck Information: Don't think that direct deposit means you will get no report of how much money you are getting paid and what their checks look like. With direct deposit, your employees will still receive a pay stub.

Contact Wizard Payroll Services Today

For traditional paycheck employees, we provide an itemized list of deductions, year to date pay information, and other payroll data applicable to that individual. For direct deposit payroll users, we can still provide a traditional paper list or receipt of this information as well. Many of our clients opt to use electronic payroll receipts in conjunction with employee direct deposit.

Our full service direct deposit absolutely eliminates the need for paper checks by sending the money directly into your account. It is easy, it is secure, and it is a great addition to our already robust service offering platform. For more information on our direct deposit, our security procedures, or how you can get started using Wizard Payroll, please complete the form on the right.