Payroll Cards provide your company with comprehensive card benefits for employees and are designed for employers choosing to convert to electronic delivery of payroll at zero cost.
Payroll Cards, ePayStub and online W2 forms eliminate paper in the payroll office and benefit employers, employees and the environment.
- Payroll Cards - Convert all employees over to standard direct deposit. Eliminate Payroll checks.
- ePayStub - Provide paystubs electronically to all employees and eliminate paystub distribution.
- eW2 - Reduce your company’s requirement to mail paper W2’s by providing electronic access.
The ePayStub and online W2 forms provide multiple outlets for employees to view their electronic statements and tax documents. Your company can expect to see immediate savings and realize efficiencies by eliminating distribution of regular pay checks and wage statements.
Payroll Card, ePayStub, and eW2 Benefits
Reduce Expenses and Provide a New Employee Benefit
After enrollment with a Payroll Card program you will be able to issue cards immediately to all new hires and enroll them into the ePayroll system.
Here’s how you benefit:
- Reduce Cost – Expanding direct deposit participation will generate significant cost savings over the current methods of printing and delivering checks and wage statements.
- Improve Efficiency – The Payroll Card solution will expand electronic direct deposit participation and will eliminate the need to distribute regular pay check and wage statements to employees. By eliminating paper checks, your exposure to check fraud will be minimized, lost or stolen check problems will be eliminated, business continuity will be improved and off-cycle payment problems will be lessened.
- Increase Corporate Environmental Responsibility – Improving your direct deposit participation is a simple, safe and smart way to have a positive impact on the environment.
Make Employee Pay More Accessible
Payroll cards are safe, secure and hassle-free way for employees to collect, manage and ultimately spend their hard-earned money. PayCards offer the convenience of a debit card and more security than carrying cash. Payroll cards require no credit check and are accepted everywhere Visa/MasterCard debit cards are accepted.
- NO paycheck cashing fees – Save more than 50% versus check cashing fees
- NO lost checks
- NO overdraft fees
- No need to carry large sums of money
- 24×7 access to pay
- FREE multilingual customer service 7x24x365
- FREE access to their pay
- FREE access to monitor transactions online and text alerts*
- FREE Savings Account Access
- FREE additional cards for employee’s family members
- Cash Back Rewards
- Employees can take cards to new employer
The Payroll Card is a powerful financial service for employees who do not have traditional banking relationships. These services provide greater convenience, added security and exceptional value to cardholders and include: