Payroll
Pay Employees and Contractors With Modern Treasury Payments
Funding
Employer bank
External account
$124,000.00
Modern Treasury
Payroll funding account
#7241880396
$0.00
Payouts
Funding
Employer bank
External account
$124,000.00
Modern Treasury
Payroll funding account
#7241880396
$0.00
Payouts
What Is Payroll Payments Infrastructure?
Payroll payments infrastructure is the money-movement layer under a payroll product: it pulls funds from the employer, holds them until pay day, and pushes net pay to each worker’s bank account, debit card, or stablecoin wallet. Payroll software calculates wages and taxes; the payments layer moves the money. Modern Treasury provides that layer as your payment service provider (PSP), through one API, with the bank relationships, compliance, and reconciliation included.
FAQs
A payroll API lets software originate the payments in a payroll run programmatically: the debit that funds the run and the credits that pay each worker. Modern Treasury's is rail-agnostic. The same payment order can go standard ACH, same-day ACH, RTP, FedNow, wire, push-to-card, check, or stablecoins, depending on the deadline and how the worker wants to be paid.
Yes. Employees, contractors, and tax agencies are all counterparties in one system. Payroll credits, contractor payouts, and tax payments are payment orders on the same API with the same reporting. Your product decides how each worker is classified; Modern Treasury moves the money.
RTP and FedNow settle in seconds, around the clock, to banks on those networks. Same-day ACH settles the same business day when submitted inside the window. Push-to-card puts pay on a worker’s debit card in minutes, which is how instant pay and earned wage access products work. Standard ACH settles in one to two business days. Contractors outside the U.S. can be paid in stablecoins. Pick the rail per payment, so a missed payment can go RTP while the scheduled run goes same-day ACH.
Debit the employer's account by ACH ahead of pay day, or have them push funds by wire or RTP for same-day funding. If an ACH debit returns for insufficient funds, the return posts to the funding payment order automatically, with the return code, so your product can hold payouts until funds are good.
No. Modern Treasury moves money. Your payroll engine, or a partner's, calculates wages, withholding, and filings. Once the run is calculated, one API call funds it and pays it out.
No. Use Our Bank Partners and launch in days, not months, with no bank onboarding required. If you already have a bank relationship you need to keep, Bring Your Own Bank runs on the same API.