Direct Deposit configuration options with Fuego

Overview

Using the Fuego Direct Deposit service, employees can receive their pay up to two days early¹ by having it deposited directly to their Fuego Card. When an employee sets up a Direct Deposit using the Fuego app they can be presented with different options/instructions, based on their employer's requirements.

This article explains the different options available for employers to have set up in the app so that their employees can all follow the same business processes and get their Direct Deposits set up as quickly and easily as possible.

Fuego Direct Deposit - Configuration Options

There are three options for what an employee sees when they go to set up a Direct Deposit in the Fuego app.

• In-App Enrollment - using the Fuego app, the employee authorises the sharing of their account and routing number with their employer and enrolls in the Direct Deposit service
• Setup Instructions - the employee sees a default message, advising to provide their account and routing number to their employer, as well as custom instructions from the employer
• Default Message - the employee sees the same default message as above but no other instruction

Please Note: This configuration is typically set up during your Fuego Service implementation period but can be altered at any time by submitting a request to the Fuego support team.

Setting up Fuego Direct Deposit

These settings are managed by Fuego's internal admin team, under the instruction of the employer.

In-App Enrollment

• If this option is chosen, all employees will have to agree to the default terms and conditions to complete enrollment, as shown in Fig.1
• Employers can also add a custom message (1024 character limit) with any additional information for the employee - see the example also in Fig.1
• A report of these enrollments (for uploading to payroll) can be downloaded from the 'Employee' area in the admin tool and/or received via email every pay period or as needed
• Employees can enroll and unenroll from the Direct Deposit service which shares their details with their employer. When doing this, the app displays advice to contact their employer directly with new details for their payment method
• Employees enrolling throgh Fuego In-App enrollmnent to set up their Direct Deposit will automatically be eligible for fee-free earned wage access draws²

Fig.1 - Employee app view, In-App Enrollment, terms and conditions, additional message

Setup Instructions

• The default message displays as normal and the employer provides custom instructions (1024 character limit) that the employee must follow to update their payment method. This could include a link to a direct deposit authorization form, or direction towards an employee self-serve tool that links to their payroll
• The example shown in Fig.2 provides an email address for employees to send their account and routing numbers to
• Employees can set themselves as 'active' for direct deposit which means they will benefit from fee-free earned wage access draws

Fig.2 - Employee app view, setup Instructions, default message, 'card controls' link and info, Direct Deposit Status

Default Message

• The default message will display - "To set up direct deposit, provide your Account & Routing numbers to your employer. These details can be found in card controls" - see Fig.3
• Employees can set themselves as 'active' for direct deposit which means they will benefit from fee-free earned wage access draws²

Fig.3 - Employee app view, default message, 'card controls' link and info, 'Direct Deposit Status'

¹For you to be paid early, your employer or payment provider must submit the deposit early. Your payment provider may not submit the deposit early each payment period, so ask when they submit your deposit information to the bank for processing. Early funds deposit begins on the 2nd qualifying deposit, which is defined as a direct deposit greater than $5.00 received from the same payer.

²Central Bank of Kansas City does not administer nor is liable for on-demand pay/wage draws.

The Fuego Visa Card is issued by Central Bank of Kansas City, Member FDIC, pursuant to a license from Visa U.S.A., Inc. and may be used everywhere Visa debit cards are accepted. Certain fees, terms, and conditions are associated with the approval, maintenance, and use of the Card. You should consult your Cardholder Agreement and the Fee Schedule at www.getfuego.com/legal. If you have any questions regarding the Card or such fees, terms, and conditions, you can contact us toll-free 24/7/365 at 1-855-715-8518.