Paid is a free, user-friendly payroll platform offering fast, reliable payroll services, including tax filing, compliance tracking, direct deposit, and additional benefits like high-yield Paid™ Checking Accounts, the ability to get 25% of net pay 2 days early, and a robust rewards program.
You can view features and benefits here. Paid’s additional offerings help employers retain employees by creating more value out of the same payroll.
Paid is designed for small to medium-sized businesses with 5 to 200 employees seeking a payroll solution that will optimize their cost efficiency and cash flow, with additional benefits like high-yield Paid™ Checking Accounts, the ability to get 25% of net pay 2 days early, and a robust rewards program that gets you 3x points on direct deposit and 3x on spend—you can earn more from your paycheck with Paid!
By automating payroll processes and offering core services for free, Paid reduces administrative tasks and eliminates payroll service fees. Plus additional benefits like high-yield Paid™ Checking Accounts, the ability to get 25% of net pay 2 days early, and a robust rewards program bring value to both employers and employees. With 3x rewards points on direct deposit and 3x on spend—you can earn more from your paycheck with Paid!
You can sign up for Paid by creating an account here and following the setup wizard to configure your payroll settings.
You'll need basic business information, employee details, and banking information to set up payroll and your high-yield Paid™ Checking Account.
We strongly believe that core payroll should be free.
Paid can offer free payroll because we provide other services to your business, such as high-yield business checking, automated payroll, flexible compensation modules and employee-focused, market-leading financial services products. Our revenue is generated through optional premium features and services that are complementary to payroll, and that help optimize your business’s success and employee engagement.
Paid offers value-packed additional benefits for employers and employees, like high-yield Paid™ Checking Accounts, the ability to get 25% of net pay 2 days early, and a robust rewards program.
When employers and employees are in complete alignment and leverage premium services for their mutual benefit - payroll can be free.
Paid automates payroll calculations, tax withholdings, and direct deposits, ensuring timely and accurate payments.
Paid manages federal and state income taxes, Social Security, Medicare, and other standard deductions – and automatically files on the company's behalf.
Yes, Paid supports payroll processing for both W-2 employees and 1099 contractors.
Absolutely, Paid stays up-to-date with federal and state regulations to ensure compliance and handles tax filings on your behalf.
Employees can access their pay stubs and tax documents through their personal Paid accounts online at: app.hellopaid.com/sign-in
A Paid™ Checking Account is a high-yield checking account offering 2.50% annual percentage yield (APY), the ability to get 25% of net pay 2 days early, a robust rewards program and access to a debit card – all integrated seamlessly with your payroll.1
Employees earn 3 reward points per $1 deposited when 100% of net pay is deposited into the Paid™ Checking Account, and 3 reward points per $1 spent using the Paid™ Debit Card. Earning rewards when you deposit your pay into your Paid Checking Account means you’re earning MORE from your paycheck!
Employers benefit from free core payroll services, automated tax filings, and access to premium features that enhance business operations. Plus, employers can access the same benefits like high-yield Paid™ Checking Accounts, the ability to get 25% of net pay 2 days early, and a robust rewards program—3x rewards points on direct deposit and 3x on spend.
Employees are paid on scheduled pay dates, as determined by the employer, with funds typically available immediately upon deposit.
You can update payroll settings through your Paid account dashboard under the settings section.
Modifications to payroll runs depend on the processing status; contact Paid support for assistance. We offer comprehensive support through various channels including:
You can add or remove employees in your Paid account to reflect staffing changes.
We offer comprehensive support through various channels including:
Our dedicated team is available to help you with any questions or issues you may encounter.
Employees get all of the benefits of Paid!
Paid is a d/b/a of Keep Financial Technologies, Inc. ("Keep"). Keep is a financial technology company and is not a bank. Banking services are provided by Thread Bank, Member FDIC. The Paid Mastercard Debit Card is issued by Thread Bank, Member FDIC, pursuant to a license from Mastercard U.S.A. Inc. and may be used anywhere Mastercard cards are accepted. FDIC insurance is available for funds on deposit through Thread Bank, Member FDIC. Pass-through insurance coverage is subject to conditions.
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