Friday, March 27, 2009

Automatic Payroll Deposit Improvements


Many live paycheck to paycheck.

Many don't use banks to cash paychecks.




High payday loan interest is paid if cash to pay bills is needed.

Many employers provide automatic payroll deposits to bank accounts.

Employers must pre-fund the paycheck distribution account.

Emergency payments are needed should company cash flow weaken.

Greenlist offers:
  • a way for small employers to send emergency payments to their payroll service.
  • a way overcome fear by having a safe payment address for a checking account.
  • instant 'good funds' in account so bills can be paid exactly on due date.

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