If your team consist of contractors etc... then they'll likely have their own invoice and payment process. I use Freshbooks.

One of my clients pays me via wire transfer, another does checks, and finally I have one project via moonlightwork.com (awesome service) where they actually handle payments (weekly!) which is pretty cool.

If these are actual W2 full-time employees, I would suggest something like gusto.com to give them direct deposit.