Pay every state from one balance.
Pinnacle holds your treasury in one USD balance and pays contractors in all 50 states — same-day ACH, instant over RTP and FedNow, and 1099-NECs filed for you.
Payout run
Sep 12
2 of 2 approved
From Payouts ••2290
$486,912.40
-
TX
Austin
38 contractors
$92,418.50
Sending ACH · same day
-
CO
Denver
27 contractors
$61,240.00
Sending RTP · 4 sec
-
NC
Raleigh
22 contractors
$48,905.40
Sending FedNow · 6 sec
-
OH
Columbus
41 contractors
$77,115.00
Sending ACH · same day
-
AZ
Tucson
19 contractors
$40,266.00
Sending Wire · 38 min
+ 9 more states
Debited today $486,912.40
Paid in 14 states
212 contractors · all in by 5:00 PM ET
Paying contractors in every state for 2,300 US companies
- Halden
- Northwind
- Tessel
- Kestrel & Co
- Oakum
- Fjordline
One balance, and every rail it needs.
Keep operating cash, payouts and tax reserve in one USD treasury, then pay each contractor over the fastest rail their bank takes — RTP in seconds, not a check in five days.
Every account, one treasury
Split one USD balance into operating, payouts and tax-reserve accounts, and sweep between them on a rule.
Treasury, six accounts
$1,994,883.15
-
••4812
Operating
$1,048,220.75
-
••2290
Payouts
$486,912.40
-
••7031
Tax reserve
$268,410.00
-
••3377
Sweep
$78,800.00
-
••5518
Benefits
$72,540.00
-
••0964
Vendors
$40,000.00
Instant rails, not checks
Five US rails, picked per contractor’s bank for you.
-
RTP
The Clearing House
4 sec
-
FedNow
Federal Reserve
6 sec
-
Same-day ACH
Nacha
Same day
-
Fedwire
Federal Reserve
Under 1 hr
-
Standard ACH
Nacha
1–2 days
Approvals by amount
Runs over your limit wait for a second approver and a tapped security key.
Over $250,000 · 2 approvers
Priya Raman
Approved 9:12 AM ET
Dev Okonkwo
Security key · 9:14 AM ET
1099-NECs, filed for you
Contractors add a W-9 at onboarding and Pinnacle checks each TIN with the IRS. Every January it e-files each 1099-NEC and sends every contractor a copy.
W-9 · 212 on file
1099-NEC · 198 filed for 2025
TIN mismatch to fix · 3
Costs you can read before you send.
Every run shows the fee and the arrival time on each rail, next to what the same 212 payouts would cost as bank wires, bank ACH or paper checks.
- Instant for fifty cents
- RTP and FedNow payouts cost $0.50 each, whatever the amount, and land in seconds.
- Same-day ACH, free
- Approve by 2:30 PM ET and it settles today; later runs go out at 8:30 AM ET the next business day.
- A receipt per contractor
- Each person sees the amount, the rail it took, and the minute it landed.
Paying 212 contractors
Sep 12, 2026
| Method | Arrives | Per payout | Per run | Per year |
|---|---|---|---|---|
| Pinnacle · instant | In seconds | $0.50 | $106.00 | $1,272 |
| Pinnacle · ACH | Same day | $0.00 | $0.00 | $0 |
| Pinnacle · wire | Under 1 hr | $5.00 | $1,060.00 | $12,720 |
| Bank wire | Same day | $25.00 | $5,300.00 | $63,600 |
| Bank ACH | 1–2 days | $1.50 | $318.00 | $3,816 |
| Paper check | 5–7 days | $4.25 | $901.00 | $10,812 |
Bank rows: the median published business-account fees of four large US banks. Paper check adds printing, postage and reconciliation time. Illustrative.
Every state and DC, paid the same day.
Pinnacle’s partner banks reach any US checking account. About seven in ten take instant payouts over RTP or FedNow; the rest land the same day over ACH.
Where you pay from
Contractor paid this month
- West
- 13 states
- Denver, Boise, Tucson, Anchorage and Honolulu — 70% of accounts take instant payouts.
- Midwest
- 12 states
- Columbus, Madison and Des Moines — 69% of accounts take instant payouts.
- South
- 16 states + DC
- Raleigh, Austin and Nashville — 72% of accounts take instant payouts.
- Northeast
- 9 states
- Pittsburgh, Providence and Burlington — 74% of accounts take instant payouts.
Audit log
Export CSV
Run approved · Priya Raman
9:12 AM ET
Security key verified · Dev Okonkwo
9:14 AM ET
Run settled · 14 states
9:14 AM ET
Kept apart, signed for, written down.
Your balance sits in FDIC-insured accounts at two partner banks, held for your benefit — never lent out, never pooled with our own money. Every payout is signed and logged.
- FDIC pass-through coverage
- Funds are held for your benefit at two partner banks, apart from Pinnacle’s own accounts, and insured up to $250,000 per bank.
- Hardware keys on large runs
- Set a limit; anything above it needs a second person and a tapped security key.
- SOC 2 Type II, every year
- Audited each spring, and every ACH file follows Nacha’s operating rules. The report is one request away under NDA.
Finance teams who stopped chasing wires.
We used to lose a day and $4,000 a month to wires. Now the payout run is a Tuesday-morning approval, and our Austin crew is paid before lunch.
Robin Castellanos
Head of Finance, Halden
The cost table is why we switched. I can show a contractor exactly what they were paid, which rail it took and when it landed, without opening a spreadsheet.
Sasha Okafor
Controller, Tessel
Forty-one people across Ohio, paid over RTP and reconciled into our ledger the same afternoon. Their 1099s went out in January without a single email.
Jordan Lind
Finance Operations Lead, Kestrel & Co
Questions finance asks first.
Anything else goes to the people who run the rails: +1 (816) 555-0147, weekdays 8:00 AM to 6:00 PM CT.
Email the treasury teamWhat does a payout actually cost?
Same-day ACH is free, instant payouts over RTP or FedNow are $0.50 each, and wires are $5.00. There are no monthly, account or receiving fees.
How long until a contractor is paid?
Seconds, if their bank takes RTP or FedNow — about seven in ten US checking accounts do. The rest land the same day over ACH when a run is approved by 2:30 PM ET.
Where is our money held?
In FDIC-insured accounts at two partner banks, held for your benefit and apart from Pinnacle’s own funds. Pinnacle is not a bank and never lends your balance out.
Do you file our 1099-NECs?
Yes. Pinnacle collects a W-9 at onboarding, checks each TIN with the IRS, and every January e-files each 1099-NEC with the IRS and any state that wants its own copy.
Do contractors need a Pinnacle account?
No. They add their bank details and W-9 once through a secure link. Each payment then arrives like a direct deposit.
How do we move from our current provider?
Import your contractor list as a CSV, fund your balance from your business checking, and run a test payout to yourself. Most teams switch in one pay cycle.
Run next month’s payouts from here.
Open an account in an afternoon, fund it from your business checking, invite your contractors, and approve your first run the same day.