Paycards, direct deposit, and other employee payroll options
Pay employees how they prefer
Some employees enjoy the convenience of direct deposit, while others prefer getting a tangible paycheck on payday. Paychex lets you choose both these payroll options, and more!
Offer the flexibility of a paycard
Give employees the option to be paid via direct deposit, without requiring a traditional bank account, with the Skylight ONE® Prepaid Mastercard®, pending card activation and identity verification.1
Manage tips without the inconvenience of cash
Streamline cash flow by tracking employees' tips, while automatically calculating tip-sharing and pooling amounts. Distribute tips electronically via direct deposit. An employee can choose to receive tips on a Skylight ONE Prepaid Mastercard or by adding the tips to his or her paycheck.
Give employees on-demand, real-time access to earned income
Paychex Pay-on-Demand* can help you become an employer of choice by providing your employees the option to access their earned wages prior to pay day.
Choose the payroll options that best fit your business
- Direct deposit
- Paper checks
- Check signing and insertion
- Skylight ONE® Prepaid Mastercard®
Choose the payroll options right for your employees and your business
With direct deposit, your employees’ pay is sent electronically to their bank accounts on payday — potentially saving you between $2.87 and $3.15 per transaction compared with paper checks.2
Run payroll late or forget to add an employee? Paychex has you covered, with same-day ACH3 capability to pay employees the same day you run payroll.
Paper checks with check signing and insertion options
Prefer to issue paper checks? No problem. We offer payroll packages that include this option.
We can even help save you the time and hassle of signing checks yourself. Simply provide us an electronic file of signature and we'll issue pre-signed checks with your payroll package.
Skylight PayOptions Program
The Skylight® PayOptions™ Program is available at no charge to Paychex payroll clients (shipping costs may apply). Pending card activation and identity verification1, this paycard program provides employees all the conveniences of a debit card while helping you avoid the costs and inconveniences of lost or stolen checks, bank reconciliation of uncashed checks, and fraudulent checks.
Help save time and money while reducing manual tip calculation errors. Tip Network™ allows you to track employees’ tips, automatically calculate the tip sharing and pooling amounts, and distribute tips electronically at the end of an employee’s shift — in the manner in which the employee has selected to receive tips, either via a Skylight ONE Prepaid Mastercard or via regular payroll.
As an extra perk you can offer your employees that's no-cost to you, this pay option can help attract top talent, and is a powerful retention tool. Participating employees pay one low cost of up to five dollars per pay period when they use Pay-on-Demand for instant access to their net wages, up to $500 each pay period. The program includes other financial benefits such as electronic bill pay, a budgeting and savings tool, and more.