
Payroll
cards are a safe, inexpensive and convenient way for employers to pay
employees, rather than issuing the traditional paper check. Payroll cards work
especially well for unbanked, temporary or transient employees and
provide the option of either a PIN based ATM debit card or MasterCard
branded stored value card. Payroll card programs reduce the fraud risk
and expense of paying employees and make funds available
immediately at ATMs and point of sale locations worldwide.
Payroll
cards service a very important segment of America's working
population. Currently, more than 25 million wage earners in the U.S. do not have
financial institution accounts, resulting in a large and growing need
for an alternative to traditional paper checks and options to quickly
and inexpensively gain access to funds.
Payroll
card programs are extremely flexible and can be administered without
any significant changes to your existing payroll system. Both ATM
debit cards as well as MasterCard branded cards can be a re-loaded for
on-going payroll payments, or as single-load instant issue cards for
final pay, payroll adjustments or other one-time payments.
The many features and benefits
of Impact's card programs help employers save time and money while
providing an attractive tool
to attract and retain employees.
Contact Us to find out more about how Impact's
products
can improve your business.
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