For each pay period, an employer transmits net payroll funds to the Yo It’s Me, Inc. settlement account, which is held in trust at a sponsor bank. There are several ways to transmit payroll funds to the settlement account:

ACH Direct Deposit of Payroll
Simply log the employee’s net pay, card number, and routing number for Yo It’s Me in your existing ACH direct deposit file. Few changes will be required by a third-party payroll processor. ACH direct deposit typically requires 1-2 days for settlement; your employee will receive their pay automatically every pay period.

If you have specific questions related to payroll funding, please contact us. We can help you identify the right options to “fit in” with your company or organization’s needs and practices.

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