InterceptEFT: Secure, Convenient Payroll and Other Direct Deposits Utilizing ACH

Give employees easy access to funds on payday. Save time and costs as you process payroll and other employee payments.

Direct deposit processing from InterceptEFT uses ACH technologies to transfer funds into an employee´s bank accounts for payroll and other types of payments. We offer more features, better reports and more flexibility — and our industry and technology expertise are unmatched.

In addition to payroll, organizations use our services for dozens of other employee-related transactions:

  • Corporate-to-corporate payments
  • Commission & bonus payments
  • Expense reimbursements
  • Vendor payments
  • Annuities & dividend/interest payments
  • Receivables collection
  • 1099 payments
  • Tax payments

And, with our Xcelerated® returns, get notification of a return much quicker than if the transaction was processed through the ACH network and returned days later.

Cost-Effective: Save 50 to 60 cents per payment (on average) by using direct deposit instead of paper checks.
Easy: Allow employees to deposit their pay in multiple accounts without a trip to the bank.
Efficient: Save reconciliation, escheatment and processing time while streamlining payroll and tax reporting.
Secure: Use the latest technologies, security measures and standards for electronic transaction processing.
Convenient: Process transactions outside of business hours — even on Sunday.

InterceptEFT will streamline your direct deposit process so you can accomplishmore and stressless.

Updated 05/13/2008