Vault is a comprehensive payroll card solution that integrates with Paycom's HR and payroll software. It offers employees a Visa® Payroll Card for receiving their wages, providing financial flexibility and convenience. Employers benefit from streamlined payroll processes and enhanced employee retention tools.

Key Features

Digital and Physical Cards Employees receive instant access to a digital pay card upon approval, followed by a physical card by mail.

• Mobile wallet integration (Apple Pay®, Google Pay®, Samsung Pay®)
• Contactless payment options

Early Wage Access Employees can receive their payroll up to two days earlier, offering greater financial flexibility.

• Depends on payer's payment instructions
• Subject to fraud prevention restrictions

Self-Service Enrollment Quick and easy enrollment process through Paycom's self-service mobile app

• Identity verification required
• Available to U.S. citizens or legal residents 18 years or older

Benefits

Employee Financial Empowerment Vault provides employees with more control over their finances and access to their wages.

• Avoid check-cashing fees
• No activation fee, monthly fee, or minimum account balances

Employer Advantages Vault offers businesses a competitive edge in hiring and retention while simplifying payroll processes.

• Reduced administrative burden of paper-based payroll
• Decreased risk of check fraud through secure electronic funding