Wagepoint
Pay Wagepoint by credit card.
Wagepoint doesn’t take credit cards: it debits your bank account for payroll and its subscription. Pay Wagepoint from a Chexy business account and put it on your business card.
$2B+
bills processed
200K
Canadians on Chexy
$40M
rewards earned
How to
How to pay Wagepoint by credit card
1
Open a Chexy business account
Create your account and verify your business. It takes a few minutes.
2
Add Wagepoint
From your business account, add Wagepoint as a payee with the payment details Chexy asks for.
3
Pick your card and the date
Choose your card and schedule it ahead of Wagepoint’s withdrawal. You see the fee before you confirm.
4
Chexy pays Wagepoint
Wagepoint gets an ordinary bank payment and you collect your card’s rewards.
What you can pay
What you can pay
Your Wagepoint payments
Payroll funding and the monthly subscription, which Wagepoint collects from a bank account.
- Payroll funding. Net pay and source deductions Wagepoint remits for you.
- Your monthly subscription. Invoiced on the last day of each billing period.
2.40% per payment for payroll, contractors and suppliers. No monthly or setup fees.
Timing
When Wagepoint gets paid
- 3 business days before pay date
- When Wagepoint collects payroll funds from a business bank account (5 business days for a personal account).
- 4 business days before it’s due
- Chexy charges your card, then sends the payment.
Example
What paying Wagepoint by card can earn
A $5,000 payroll
On a 3% cashback card you earn
$150.00
Chexy’s 2.4% fee is $120.00, so your card is charged $5,120.00.
Illustrative estimate. Assumes the selected reward rate applies to all included payments. Before card annual fees and interest. Card eligibility and earning caps apply.
Paying Wagepoint by credit card: questions
Can I pay Wagepoint with a credit card?
Not directly: Wagepoint debits your bank account for its subscription and payroll. Through Chexy, you pay from a business account on your card for 2.40% per payment.
When does Wagepoint take payroll funds?
3 business days before pay date from a business bank account, or 5 business days from a personal account.
What does it cost?
2.40% per payment for payroll, contractors and suppliers from a Chexy business account, with no monthly or setup fees.
Does Wagepoint need to sign up?
No. They receive an ordinary bank payment in the amount you entered, on the date you scheduled.
The fine print
- Wagepoint says you can’t pay its subscription by credit card; it debits the bank account on file every month.
- Wagepoint collects payroll funds 3 business days before pay date from a business account, or 5 from a personal account.
- For a payroll larger than normal, Wagepoint may ask for a wire transfer instead of pre-authorized debit.
- Changing banking details in Wagepoint triggers a re-verification that can take 3 to 5 business days, and it must finish before your next pay date.
- Rewards are set by your card issuer, not by Chexy.
- Chexy accepts Visa, Mastercard and American Express credit cards in your name. Prepaid cards aren’t supported. Some categories (mobile, internet, gym and car leases) need Visa or Mastercard, and for utilities and taxes American Express works with eligible billers only. Logos show accepted networks, not an endorsement.
Sources: Wagepoint: subscription, pricing and billing · Wagepoint: company banking information · Wagepoint: wire transfer for large payroll · Chexy business accounts · How much does Chexy cost?. Wagepoint is not affiliated with Chexy.
Also: Pay Payworks by credit card · Pay MNP by credit card · Pay Lohn Caulder by credit card · All payees
Put Wagepoint on your card.
2.40% per payment for payroll, contractors and suppliers