Provides our Corporate Customers, a secure facility of paying their personnel their monthly revenue, sans the need for check or envelope issuance, via direct credit to checking or savings accounts, in Banco Popular, or any other bank affiliated to the ACH network.
Benefits for the service company
- Minimizes operational costs
- Eliminates manual payment and credit proof distribution.
- Facilitates bank conciliation versus statement
- On-time payment processing
- Flexibility in application processing
- Eliminates risks in cash flow management and check forgery .
- Improves relationships between employer-employee.
Benefits for your employees
- Real time account credit, immediate ledger availability
- Free Access to Electronic Channels.
- Popular debit card, with Access to over 20,000 affiliated establishments.
- Over 200 branch offices available nationwide
- Fast and easy Access to other Popular products.
- Electronic notifications of confirmed credits by Email.
- Reduces risk of eventuality for carrying cash
- Solid commercial reference
- Signing of the “Automated Payroll” Agreement
- Performing of technical modifications for electronic file exchange with Banco Popular
- Define source account with Banco Popular –for payment debit
- Performing of file Exchange testing.
For more information please contact your Business Account Executive, or call us at Telebanco Popular at (809) 544-5555 (option 8) or *BPD (*273) from your mobile phone.