1. You will send your payroll summary report to Payroll Rewards.
2. Payroll Rewards communicates your payment instructions to American Express.
3. American Express draws funds from your business bank account and wires funds to your payroll company. American Express and Payroll Rewards Fees are withdrawn along with these funds. If enrolled in the American Express Membership Rewards program, one Membership Rewards point per eligible dollar transaction will be added to your Membership Rewards account.
4. Your payroll company distributes funds to employees as usual.
1. Start your enrollment process by applying for transmission services with American Express®. Our sales team will provide you with an application, or you can find one here.
2. You will need to have a payroll company that accepts incoming wire payments from American Express.
3. Payroll Rewards will provide a contract to you. We will need to know your average payroll per cycle and payroll schedule (weekly/ bi-weekly/ monthly).
4. To be eligible to receive American Express Membership Rewards® points, you will need an American Express® Card that is enrolled in the Membership Rewards program. Terms and conditions apply. Click here for more information on the Membership Rewards program.
If you don’t not have an American Express® Card that is enrolled in the Membership Rewards program, please apply for a Card by calling American Express at 1-888-473-5826 or apply online at www.americanexpress.com/us/credit-cards/category/reward-points/
Payroll Rewards, Inc. is an authorized service provider to American Express Travel Related Services Company, Inc. and may receive compensation from American Express in connection with this payroll processing service. To enroll in the money transmission service of American Express, your company must first complete an application which is subject to review and approval by American Express. Fees apply. “American Express” and “Membership Rewards” are trademarks of American Express and are used under limited license.
American Express will award one (1) Membership Rewards point for every $1 of payroll spend initiated through this service. Fees apply. To receive Membership Rewards points, you must first complete and submit to American Express a form designating an American Express Card that is already enrolled in the Membership Rewards program to which points will be credited. Fees, terms and conditions apply. Click here for more information about the Membership Rewards program.
NMLS ID # 913828