How does Payroll Direct Deposit work?

  1. Calculate Payroll
    Simply calculate your payroll using any payroll solution or CRA’s free payroll calculator and import the net payroll information and/or enter any new employee banking details directly into Telpay.
  2. Send Payroll Information and Funds
    Transmit your payment file to Telpay and fund the Telpay trust account by either using an online banking transfer from your financial institution or have Telpay withdraw the funds from your account.
  3. Deposit Made
    Once Telpay has received your funds; your employees will be paid via direct deposit.