Payroll

Utilizing reloadable prepaid cards for your payroll distribution lets you offer employees the convenience of a pre-paid card while keeping your costs down.

Some benefits of using reloadable prepaid cards to distribute payroll are:

• Reduce payroll-processing costs by eliminating check printing and processing.
• Eliminate costly out-of-cycle checks.
  Avoid charges for reissuing lost or stolen checks.
• Expand your direct deposit program to all employees—including those who do not have a checking account.
• Give employees peace of mind knowing that their pay is automatically available and accessible.
• Welcome anywhere Visa debit cards are accepted, your employees will have the flexibility to shop or pay bills by phone, online, or mail.
• Save your employees check-cashing and money order fees.

Let our experts help you determine how you can best utilize reloadable prepaid cards to provide payroll solutions for your credit union, business, and customers.