Disbursements
Modern payout delivery for today’s workforce and payment needs
Send funds quickly and flexibly across payroll-related and non-payroll use cases with options including bank accounts, prepaid cards, ACH, and cash pickup.
rapid! helps simplify disbursements for W2 wages, 1099 payments, bonuses, tips, reimbursements, corrections, and more.
Payment timing, delivery method availability, and funding workflows may vary based on program setup and business requirements.
Disbursements
Modern payout delivery for today’s workforce and payment needs
Send funds quickly and flexibly across payroll-related and non-payroll use cases with options including bank accounts, prepaid cards, ACH, and cash pickup.
rapid! helps simplify disbursements for W2 wages, 1099 payments, bonuses, tips, reimbursements, corrections, and more.
Payment timing, delivery method availability, and funding workflows may vary based on program setup and business requirements.
rapid! Disbursements, powered by Green Dot® Bank, helps businesses modernize payout delivery with scale, control, and flexible payment options
From payroll-related payments to off-cycle disbursements, rapid! supports faster, more adaptable payout experiences backed by proven money movement capabilities and operational controls.
Over 100 million payouts to bank accounts, prepaid debit cards, ACH and cash pickup.
Over $53 billion dollars posted to accounts.
Businesses can use rapid! for a wide range of disbursement scenarios, including:
- W2 payroll and off-cycle wages
- 1099 contractor and gig payments
- Bonuses, commissions, and incentive payouts
- Expense reimbursements and travel-related payments
- Termination pay, missed pay, and payroll corrections
Powerful payout options at your fingertips
With rapid!, payouts happen when you want, how you want. Whether you are paying employees, contractors, or recipients, flexible delivery options help reduce friction and improve the payout experience.
Give your business more control over how funds move, while giving recipients options that better fit how they access money today.
- Instant issue new bank account or prepaid debit card
- Instant payout to existing bank accounts and prepaid debit cards including rapid! PayCard
- Standard or same day ACH
- Support for use cases that extend beyond standard payroll runs
- Unlike other services, there’s no need to prefund more than your payout needs
- Fund your account with as much or as little as you need--it’s your money!
- Helpful for planned payroll as well as off-cycle and exception-based payments
This can help support payments such as:
- Wages and off-cycle payroll
- Tips, bonuses, and commissions
- Expense reimbursements
- 1099 and contractor payouts
- Missed pay and payroll corrections
rapid! provides the technology and the financial network to deliver funds via a revolutionary range of near real time digital and traditional payout methods
- Admin portal with full tracking and reporting
- Payment tracking, confirmation, and notifications
- API integration for maximum flexibility
- Hosted integration for a quick launch with minimal effort
- Integrated controls for risk management
- FDIC insured funding account provided by Green Dot Bank
A single platform for all your payout needs
rapid! can support a wide range of payout scenarios from recurring payroll-related payments to one-time or exception-based disbursements.
Disbursements FAQs
What types of payments can a disbursements platform support?
A disbursements platform can support a wide range of payout scenarios including W2 wages, 1099 contractor payments, bonuses, tips, travel reimbursements, missed pay, corrections, and termination pay.
What is the difference between payroll and disbursements?
Payroll usually refers to recurring employee wage payments, while disbursements can include payroll-related payments as well as other business payouts such as reimbursements, off-cycle payments, contractor pay, and corrections.
Can disbursements help with off-cycle or exception payments?
Yes. Modern disbursement platforms can help businesses handle payments outside the normal payroll cycle, such as missed pay, corrections, urgent payouts, reimbursements, and termination pay.
What payout methods can businesses offer?
Depending on program setup, businesses may be able to offer options such as bank account deposits, prepaid or payroll card-based payouts, ACH, and other supported delivery methods.
Why do businesses use a disbursements platform?
Businesses use disbursement platforms to improve payout flexibility, reduce manual effort, support different recipient needs, and streamline the delivery of both recurring and non-recurring payments.
rapid! Disbursements platform
Real Time Notifications
Validation + Fraud Protections
Money Movement
Settlement + Reconciliation
Account Setup
Client Support