Getting Started

Everything you need to know to get started with Penny


Registering for Penny is easy, we just need a few details about you and your business in order to complete your registration.

If you need assistance during the application process, the Penny team is here to help and will be happy to walk you through the process.

Funding Your Account

Once your application has been approved, you add funds to your Penny Central Account by transferring from a linked business bank account .

To link your business bank account, go to the 'Funds' tab then click the 'Settings/Funding' button and enter your online banking credentials to complete the verification process. Most major banking institutions support instant bank account verification.

If your bank does not support instant bank account verification, you will need to use the Deposit Verification method by notifying our support team with your routing and account numbers. In about 1-2 business days, you'll see two small deposits in the account activity of the bank account you connected. Send the 2 values to and we will verify your account.

Order Plastic and Virtual Penny cards

From your Penny Central portal, you can order Plastic and virtual Penny Mastercard cards for each of your employees.

Penny cards are delivered to your business address within 5-7 business days, or expedited overnight.

Once you receive the Penny cards in the mail, the cards are already activated and are ready to have funds assigned from your Penny Central account.

Enrol your employees

Add funds

Fund loads from your bank are transferred overnight by ACH, transfers need to be initiated before 4pm EST on a business day.

Watch the walk through video