E-Duction- www.e-duction.com

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E-Duction is at the leading edge of a growing trend in payment technology. Through the years, consumers have enjoyed an expanding range of payment choices - from cash through checks, credit cards, debit cards, and stored-value cards. At the same time, the appeal of payroll deduction has continued to grow. Whether for employee benefits such as health or life insurance, for retirement savings through 401(k) plans, or for college savings through Section 529 plans - employees enjoy the convenience and dependability of payroll deduction.

E-Duction recognized an opportunity to allow employees to use payroll deduction for other purposes. The challenge, however, was that the payroll deduction process had always been manual, time-consuming, and error-prone. Thus, employers were unwilling to offer their employees the greater choice payroll deduction can afford them.

E-Duction eliminates this barrier with its proprietary solution. By seamlessly interfacing with payroll and human resources information systems, the E-Duction system dynamically and automatically converts an unlimited number of transactions from any source into a user-defined number of payroll deductions, schedules the deduction, and makes and reconciles payments. Thus, we allow employees to utilize the power of payroll deduction without any burden on employers.

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