Integrated payroll and banking now available from Central 1 and PaymentEvolution

PaymentEvolution, the payroll, payments, and benefits management solution for small and mid-sized businesses across Canada, announces the launch of a Small Business Payroll Solution with Central 1 Credit Union (Central 1). As Canada’s leading digital banking and payments provider for credit unions and financial institutions, Central 1 will make the easy-to-use payroll solution available to thousands of Canadian business owners.

Incorporating the industry-leading payroll platform from PaymentEvolution, clients of Central 1 can now make integrated payroll available to their business members and customers.

"Central 1 is redefining what online banking means for small businesses by developing innovative ideas that will help credit unions support the financial success of both individual and business members," said Mark Blucher, President and CEO, Central 1. "Our research shows that payroll is one of the biggest frustrations for entrepreneurs and that our integration with PaymentEvolution addresses that head on, in a way that is simple for any small business to operate."

"PaymentEvolution and Central 1 share a common goal of empowering small businesses across Canada to do more. By enabling financial institution and credit union clients of Central 1 to deliver innovative small business solutions, we’re helping Canadian business owners succeed in their communities while giving their staff an amazing employment experience,"

Currently, banks connect to external payroll service providers but don’t have an integrated view of all their financial transactions built in, which results in many time-consuming side effects.

Central 1’s fully-integrated online Small Business Payroll Solution from PaymentEvolution simplifies the entire payroll system by

The Small Business Payroll Solution from PaymentEvolution is flexible and serves the entrepreneurs and business owners who fuel Canada’s economy. The flexibility of this payroll solution allows business owners to pay all employees, including full-time, part-time, and seasonal workers, vendors, gig-workers, and contractors. All Canadian bank accounts are supported, giving employees flexibility to receive their pay at the financial institution of their choice.

About Central 1

Central 1 is a preferred partner for financial, digital banking and payment products and services – fuelling the success of businesses across Canada. With $19.2 billion in assets, we leverage our scale, strength and expertise to power progress for more than 300 credit unions and other financial institutions, enhancing the financial well being of more than 3.4 million customers from coast to coast. For more information, visit http://www.central1.com.

About PaymentEvolution

PaymentEvolution is Canada’s largest and most loved cloud payroll, payments and benefits management platform for small and mid-sized businesses. See why over 18,000 businesses trust PaymentEvolution at https://PaymentEvolution.com