WAGEPOINT SERVICES FEE SCHEDULE
Last updated: May 2, 2025
Payroll Services Fees are due at the time Payroll Funds are required to be remitted. Additional Payroll Services Fees are due at the time of the first Payroll Funds remittance after the Additional Fee was incurred or five (5) days from the date of invoice, whichever occurs first. Except as expressly provided otherwise: (i) your payment obligations are non-cancelable, and (ii) Fees paid to us are non-refundable (except as otherwise stated in the Terms of Service Agreement). Please see here for Wagepoint 2.0 Fee schedule.
Wagepoint reserves the right to modify our fees at any time and you agree, unless otherwise notified in writing by us, to be bound by the current published version of the fees. Wagepoint will take commercially reasonable efforts to notify you of any change in fees at least 30 days in advance of the effective date. Your continued use of the Payroll Services constitutes your agreement to those changes. If a fee increase or change to this Agreement is not acceptable, you may cancel the Wagepoint Services as provided herein prior to the time when it takes effect.
Fees exclude applicable taxes and are charged in Canadian dollars.
BASE FEE
Wagepoint charge ($20 base + $2 per employee) per payroll. Companies with a single paygroup only, who process weekly or quarterly are charged $10 base and $75 base respectively.
DISCOUNT FEES APPLICABLE TO ACCOUNTANT PARTNERS
Welcome Accountants! Contact us (sales@wagepoint.com) to discuss whether your Companies are eligible for Accountant Partner discounts on the Standard Fees listed above.
Remember that Accountant Partners are responsible for designating whether the Accountant or the Company is responsible for payment of the Fees. If you are participating in our Referral Program as well, you are not eligible to receive these discounts.
ADDITIONAL CHARGES
| Description | Charge | Considerations |
Insufficient Funds | A non-sufficient funds (“NSF”) notice from the bank resulting from a direct debit for payroll, source remittances, or Fees. | $100 for the first NSF $150 for all future NSF charges related to the same transaction | NSF situations require an immediate wire of funds to process payroll |
Rejected Deposit Account | The bank account is invalid and an attempt to deposit funds electronically results in a rejections | $20 per rejected deposit | |
Suspended Direct Deposit | Suspending direct deposit payments at the request of the customer | $25 suspension processing fees | Suspension requests are not always possible due to Automated Clearing House (“ACH”) timing |
Incoming E-Transfer or Wire | Customer transfers payroll funds electronically via e-transfer or wire transfer | $25 per incoming e-transfer or wire | |
Payroll Reversal | Reversing a finalized payroll at the request of the customer | $50 reversal processing fees; additional fees of $20 if related payroll has already been submitted for bank processing |
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Correction of Historical Data | Request for correction of data for periods prior to being a Customer of Wagepoint | $10 per employee for year to date entries | |
Professional Services | Customer request for services that are considered outside the scope of the Payroll Services | $200 per hour |
Additional charges do not include applicable sales, use, gross receipts, value-added, excise, personal property or other taxes. Additional charges are not eligible for Accountant discounts.
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