Payroll Card Programs

A steadily growing number of companies have begun disbursing wages using Payroll Cards. These cards can reduce costs for employers while giving their workers financial flexibility.

The employer can save money by reducing the costs associated with processing, printing and shipping checks or replacing those that are lost or stolen - helping to eliminate many of the headaches that come with administering payroll.

Employees receive a personalized Visa® branded Payroll Card which they can use everywhere Visa debit cards are accepted. This eliminates the need to pay exorbitant currency exchange fees to cash their checks. The Card can also be used at ATM machines for the times they want cash. Employees can also receive a "companion" card they can give/send to a family member anywhere in the world and be able to send them money at a fraction of what Western Union and other companies charge.

The entire process is very simple: on payday, the employer makes a direct deposit to the employee's payroll card - instead of writing and processing a check. That's it, it's that simple - a fast, easy and efficient way to handle payroll!