We offer a number of methods to fund your employee payroll. Each option has its advantages and you can select the one that best fits your business and how you run payroll.
Our most popular option is 'pre-authorized debit'. With this method, we automatically debit your company / source bank account for your payroll obligations and then make payments on your behalf to your staff and vendors. Payruns using this option must be completed 4 business days in advance of the payment date.
**NOTE clients using ATB to fund their payroll via pre-authorized debit must complete their payruns 5 business days in advance of the payment date.
You can setup pre-authorized debit using our guide: http://help.paymentevolution.com/entries/22126551-setup-epay-direct-deposit
Once setup, we'll update your payments profile and enter the details of your source bank account:
Need to Change Bank Accounts?
Please do not manually modify your bank details, this will cause the system to lock this bank account (to avoid mistakes or potential fraud). If you need to change your account please fill out a new epay application here: http://paymentevolution.com/ePay *Note application fee will apply again.
Need to Change Max Amount?
Please modify the max amount on your original PAD , initial and send it to us via the upload options here: https://help.paymentevolution.com/hc/en-us/articles/360000571103-Q-How-do-I-securely-send-my-ePay-application-or-other-files- If you need a copy of the PAD, please email firstname.lastname@example.org and we can provide you with one.
If you have bill payment features in your online business banking service, you can send us the funds for your payrun. You'll need to fund your payrun at least 2 business days prior to the payment date.
To add this option please go to COMPANY SETTINGS>COMPANY PROFILE> PAYMENTS PROFILE. Click +ADD to add an account.
Select 'Bill Payment' in the field for "Payment Source Type" and click Save.
Your reference number for your payment will show at the bottom of the page. You must use this number to ensure payment can be recognized and applied in a timely manner when you set up your bank account . You can also set this to be your default payment type. Additional fee applies for this service. Bill payment is available through almost every bank in Canada.
Bill payment via Bank of Montreal - add PaymentEvolution Corporation as the payee in your online banking profile as shown below:
Bill payment via CIBC - add PaymentEvolution Corporation as the payee in your online banking profile as shown below:
Bill payment via Tangerine - add Payment Evolution Corporation as a payee
Bill payment via TD Canada Trust - add PaymentEvolution as a payee
Bill payment via RBC - add PaymentEvolution as a payee
If you do not have 'bill payment' facilities or need to send us funds from international banks, you can use our wire payment option. With this method you should fund your payroll at least 2 business days in advance of the payment date. You can select 'wire' in your payments profile, by going to the line for Default Payment Source and changing it from Bank to Wire ID 003. Your reference number for your payment will show at the bottom of the page. You can also set this to be your default payment type. Additional fee applies for this service.
Once wire or Bill payment have been added to your payments profile you can use them in a payrun or in Business Payments. MAKE SURE TO CHANGE YOUR DEPOSIT DATE AFTER SELECTING ONE OF THESE OPTIONS TO TAKE ADVANTAGE OF THE SHORTER LEAD TIME.
Using Wire/Bill Payment in the Payrun
Within your payrun on the Payments Tab please select Wire/Bill Payment on the source account and then change the Electronic Payments Date to the earlier date of your choice.