Users can quickly switch their direct deposits to a new or existing bank account simply by linking their payroll account via Plaid Link. Plaid automatically updates the payroll settings within seconds.
When instant account funding is unavailable, users can ask Plaid to contact their employer on their behalf to switch their direct deposits. Plaid has partnered with a trusted third party to make the experience seamless.
Instant account funding is available to users with an account from the largest payroll providers to gig economy platforms including ADP, Paycor, Zenefits, DoorDash, Postmates, and more.
Use the Deposit Switch [beta] endpoint to submit a POST request.
The /deposit_switch/create endpoint enables you to begin the instant process of switching a user’s direct deposit to their bank account at your institution.
For faster account connectivity, users can search by their employer in Link and Plaid will automatically match them to the payroll platform used by the employer.
Additionally, users can choose to move all or a portion of their paycheck to the new account for flexible account funding.
