Texas Direct Deposit: Savings Calculator
How much do warrants cost your agency?
Research indicates the average cost to issue a single warrant is $3.00*. Use this calculator to see how much direct deposit can save your agency.
You could save...
$ annually if you converted all payments to direct deposit, or
$ annually with a 30% increase in direct deposit participation, or
$ annually with a 90% increase in direct deposit participation.
Based on issuing an average of warrants per month.
Start saving now!
Use Texas Direct Deposit Marketing Materials to promote direct deposit to your vendors and employees!
For questions, contact Payment Services staff at (512) 936-8138.