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Prepaid
Debit Payroll Cards Are Faster and Safer.
Payroll Debit Cards Are Cost Effective and Convenient
Now you can offer the convenience
and security of direct deposit for all your employees, even 'Unbanked
Employees' -- those without checking accounts. It's called the Payroll
Debit Card, a checkless bank account your employee can access by either
a Visa® Debit Card or an ATM Card.
Payroll debit cards will
help streamline a payroll process or eliminate an existing administrative
burden.
Prepaid Debit Payroll Cards are convenient, efficient, and secure.
Employer can save money
and resources associated with payroll processing and distribution
costs while employees benefit with the piece of mind of knowing that
their wages are accurately and consistently deposited into their personal
bank account.
It’s a faster,
safer, better way to get paid!
Benefits to Employers:
- Reduce volume
of checks that must be produced, distributed and replaced when lost
.
- Reduce fraud
potential – fewer checks to be stolen or forged.
- Reduce reconciliation
expense
- All employees
are eligible - no credit check necessary.
- No problem
for employees without bank accounts, or who prefer cash.
Benefits to Employees
- Your paycheck
is deposited automatically every payday even while on vacation or
traveling .
- Eliminates
check cashing fees that can be as much as $5-$20 per check.
- No time spent
picking up your paycheck.
- Eliminates
trips to the bank to cash checks.
- No paychecks
to get lost or stolen.
- Access to
funds 24/7 at hundreds of thousands of ATMs.
- Gives you
purchasing power at grocery stores, gas stations, and anywhere Visa
or MasterCard is accepted.
- You can check
your balance any time – by phone, through the Internet or
at an ATM.
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