Payroll
Debit Cards
|
What Are Payroll Debit
Cards?
Payroll debit cards are re-loadable
Stored Value Cards that allow employers to deposit employees' pay onto a debit card each pay period by direct deposit.
Payroll debit can then be
used by employees to access their salaries via withdrawals at ATM machines or through purchases that they make with their payroll debit cards much in the same way that they would make
a purchase with a Visa or Mastercard.
An employee may request to be paid via a payroll debit card provider but more often than not an employer will voluntarily sign-up for a payroll debit card program through a payroll debit card issuer.
In this case the employer will send payroll information to the provider, who then links each employee wages to a payroll debit card account.
Payroll debit cards have been around for several years but are only recently gaining in popularity. Previously, payroll debit cards were thought to be a good solution for "unbanked" employees, however, more recently, because of the overall benefits to everyone involved, payroll debit cards are becoming more and more popular with a wider population of people.
Generally referred to as the "unbanked," research indicates that 40% of U.S. workers do not have bank accounts.
Unbanked workers often encounter difficulty cashing their checks or sometimes pay high fees to check cashing companies. Thus, payroll debit card offer an excellent solution to this population of people.
On the other hand, it is not only the unbanked population who are seeing the benefits of payroll debit cards.
People from all walks of life are finding payroll debit cards more convenient, easier to use and more efficient. Many people like the idea of being able to have instant access to money rather than waiting for their payroll checks to clear.
|
The Western
Union Prepaid Debit Card Makes A Great
Payroll Debit Card Because You Can Deposit
Your Paycheck Directly To It!
 |
Benefits of Payroll
Debit Cards To Employees
To summarize, some of the benefits that payroll debit cards
offer to employees include:
-
Via their payroll debit cards, employees have immediate access to funds, 24 hours a day, 7 days a week, 365 days a year.
-
No more waiting in long lines to cash payroll checks.
-
Money can be accessed at thousands of ATMs worldwide and through purchases that they can make with their payroll debit card at locations worldwide.
-
Payroll debit cards eliminate costly check-cashing charges which can add up over time.
-
Employees can receive payment no matter where they are in the world. This means that an employee who is on vacation in another country can still have access to their salaries and do not have to wait until they return to work to get paid.
-
Payroll debit card accounts are protected by PIN.
-
Payroll debit cards eliminate risk of having paychecks stolen -FBI statistics indicate that over 3 million payroll checks are stolen each year.
If you are looking for
a Payroll Debit Card, then you'll want to go with a
company that has good customer support. I have had
personal experience with this
Payroll Debit Card, and
can assure you that the company which offers this card
has some of the best customer service around. Not only that but they offer two excellent Payroll debit cards.
The first is the Visa branded card and is the most versatile card. It can be used for signature based transactions at any location that accepts Visa/Mastercard. It can also be used as a PIN based debit card. This card can be used worldwide at millions of ATM locations and participating merchants. It can be loaded by ACH every payday, or it can be loaded "in-house".
The second is the Non-Branded Payroll Card. It can be used to make ATM withdrawals or at any location accepting PIN based transactions only. There are no signature based transactions with this card. And it is accepted at most major retailers, grocery stores, convenience stores, and ATM's worldwide. You can use any of these two cards with any payroll service currently being used by your company.
And lastly, the icing on the cake is the that the fees
are very reasonable. Check them out for yourself and
see.
Have Your
Pay Checks Deposited Directly To The Following Prepaid
Cards:
Prepaid MasterCard With FREE Credit Builder and FREE Direct Deposit
- This Is The Perfect Alternative To A Checking Account. Free Online Bill Pay, Free Direct
Deposit, Free Credit Builder, And No Overdraft Fees! NEW!
Wired PlasticTM Prepaid Visa Card
- With This Prepaid Visa Card You Can Use Click-n-Pay™ To Schedule Recurring Monthly Bill Payments Including Rent,
Car Payment, and Utilities Or Use PersonalPay™ To Send a Check to Anyone or
Transfer Money to Another Account Online Or Over The Phone 24/7
NEW!
Apply
For This Prepaid Mastercard And Get $30 Cashback! - Apply Right Now For This Prepaid Mastercard Which Comes With No Credit Checks,
NO MONTHLY OR ANNUAL FEES! Free Direct Deposit (no more check cashing fees). Pay Your Bills Online (no more stamps and money orders).
NEW!
Apply
For This Prepaid Visa Or Mastercard And Get A Free Credit Report - FREE ACCOUNT TO ACCOUNT TRANSFERS (pay your friends and family),
Get Up To 3 Cards For Your Account (give extras to family members), Reload Your Card With PAYPAL!
Plus Much More!
NEW!
Prepaid MasterCard With FREE Credit Builder and FREE Direct Deposit
- This Is The Perfect Alternative To A Checking Account. Free Online Bill Pay, Free Direct
Deposit, Free Credit Builder, And No Overdraft Fees! NEW!
Prepaid Visa & Checking Account - 100% Approval - No Credit or ChexSystems Check
|With Free Online Bill Pay - No Contracts, No Credit Checks. Build Your Credit Using Free Online Bill Pay With This Prepaid Visa Card.
NEW!
The Western Union Prepaid Mastercard
- With The Western Union Prepaid Mastercard You Can Do Away With Costly Money
Orders and COD's When You Purchase a Product or Service Online. Easy To Get. No
Credit Check or Bank Account Required. Everyone QUALIFIES* for This Card.
100% Guaranteed Approval Debit
MasterCard -
Get This Prepaid Mastercard With Free Online Bill Pay Credit Builder!
Instant Approval. No Credit Check! Free Activation!
Prepaid Visa® BabyPhat RushCard
 -
Simple and reasonable — No monthly, annual, or hidden fees. Instantly load money on your card at tens of thousands of convenient MoneyGram and CheckFree
locations. Check your activity status anytime online or by phone for free.
(Unlike many other companies, they don’t charge for 24/7 customer service.) Earn money every time you refer a friend and they get a RushCard.
NEW!
Prepaid Visa® RushCard
- No monthly, annual, or hidden fees. Everyone is eligible—no credit check or employment verification. Quick, easy application. Use online, over the phone—anywhere Visa debit cards are accepted.
NEW!
Not Finding What
You're Looking For? Try The Handy Search Box Below For Better
Results!
Related Articles:
 |
Payroll
Debit Cards In The News
Stored
Value Cards
Payroll
Debit Cards
Benefits of Payroll
Debit Cards To Employers
Employees are not the only ones happy with payroll debit cards, employers
benefit as well because it saves them both time and money and is more efficient and cost effective.
Some of the benefits that payroll debit cards offer to employers include:
-
Eliminates or reduce the cost of printing and issuing a paper check
-
Lowers payroll costs connected with bookkeeping, reconciliation, check-cashing, stop-payment transactions and lost or stolen checks fees.
-
Payroll debit cards
make it easy to pay an employee in any location making it an excellent solution for freelance employees.
-
Eliminates fraud and increases security - with payroll
debit cards, there's no more worry about lost or stolen checks.
-
Because payroll debit cards provide a convenient and cost effective payroll solution it's a win-win solution to employers and employees alike.
Recommended Debit Card:
Western Union Visa Card
Western Union Visa Card - Accepted Anywhere Visa Is Accepted!
Western Union Prepaid Services
If You Have Bad Credit, No Bank Account, Or Other Difficult Financial Circumstances, Western Union Prepaid Services Can Help You!
Prepaid Visa Card
The Prepaid Visa Card you can use with Paypal
Western Union Prepaid Master Card
The Western Union Prepaid Debit Card is easy to get and easy to use. And best of all, it's affordable!
Gas Cards
Check out our new Gas Card pages where you can learn how to save money at the pump with Gas Rewards, Gas Visa, Hess Gas Card, Sunoco Gas Card and others. Includes gas card articles, and gas card links, rebates and gas card applications.
Prepaid Master Card
- Approval Guaranteed
Are You Looking For A Prepaid Mastecard Card That's Easy To Get
And Easy To Use? Then Check Out A Prepaid Mastercard Where No One Is Turned Down.
Prepaid Visa Card
Get A Prepaid Visa Card with the BEST customer service, EXCELLENT features, and
the LOWEST fees.
Looking For An
Offshore Debit Card?
Check Out My Review
Of A Variety Of Offshore Cards Including: Offshore ATM Cards,
Virtual Visa, Visa Classic And Offshore Visa Electron Card.
Virtual Credit Cards -
Also Known As Virtual Debit Cards, These Prepaid Cards Are Perfect For Online Shopping!
Debit Gift Cards-
Including Debit Master Cards Can Be Given As Gifts To Anyone Including Loved Ones. Or, They
Work Well As An Employee Reward Or Bonus.
Digital Gold Backed
Debit Cards
These Are Debit Cards That Anyone Anywhere In The World Can Apply For.
Debit Cards
With "The Power to Rebuild Your Credit" -
Learn About These Debit
Cards Which Offer What I Call The Extra Benefit Of "Beating The Credit
Reporting Agencies At Their Own Game".
Prepaid Debit Card Links From Around The Web
Eufora™
Elite Credit Builder Prepaid MasterCard®
Wired PlasticTM Prepaid Visa Card
- With This Prepaid Visa Card You Can Use Click-n-Pay™ To Schedule Recurring Monthly Bill Payments Including Rent,
Car Payment, and Utilities Or Use PersonalPay™ To Send a Check to Anyone or
Transfer Money to Another Account Online Or Over The Phone 24/7
Apply
For This Prepaid Mastercard And Get $30 Cashback! - Apply Right Now For This Prepaid Mastercard Which Comes With No Credit Checks,
NO MONTHLY OR ANNUAL FEES! Free Direct Deposit (no more check cashing fees). Pay Your Bills Online (no more stamps and money orders).
Apply
For This Prepaid Visa Or Mastercard And Get A Free Credit Report - FREE ACCOUNT TO ACCOUNT TRANSFERS (pay your friends and family),
Get Up To 3 Cards For Your Account (give extras to family members), Reload Your Card With PAYPAL!
Plus Much More!
Prepaid MasterCard With FREE Credit Builder and FREE Direct Deposit
- This Is The Perfect Alternative To A Checking Account. Free Online Bill Pay, Free Direct
Deposit, Free Credit Builder, And No Overdraft Fees!
Prepaid Visa & Checking Account - 100% Approval - No Credit or ChexSystems Check
|With Free Online Bill Pay - No Contracts, No Credit Checks. Build Your Credit Using Free Online Bill Pay With This Prepaid Visa Card.
The Western Union Prepaid Mastercard
- With The Western Union Prepaid Mastercard You Can Do Away With Costly Money
Orders and COD's When You Purchase a Product or Service Online. Easy To Get. No
Credit Check or Bank Account Required. Everyone QUALIFIES* for This Card.
100% Guaranteed Approval Debit
MasterCard -
Get This Prepaid Mastercard With Free Online Bill Pay Credit Builder!
Instant Approval. No Credit Check! Free Activation!
EDITOR'S PICK!
Prepaid Visa® BabyPhat RushCard
-
Simple and reasonable — No monthly, annual, or hidden fees. Instantly load money on your card at tens of thousands of convenient MoneyGram and CheckFree
locations. Check your activity status anytime online or by phone for free.
(Unlike many other companies, they don’t charge for 24/7 customer service.) Earn money every time you refer a friend and they get a RushCard.
Prepaid Visa® RushCard
- No monthly, annual, or hidden fees. Everyone is eligible—no credit check or employment verification. Quick, easy application. Use online, over the phone—anywhere Visa debit cards are accepted.
Credit Repair Links:
Credit Repair:
Learn Some Useful Self Help Strategies.
Learn Answers
To Common
Credit Repair Questions.
For More
Information About Credit Repair, Debt And Bankruptcy Please Visit Our Web Links.
Miscellaneous Links:
FREE GIFT CARDS - Free gift
cards to Amazon, Blockbuster, Pizza, Movies, Flowers, Sportswear, Barnes &
Nobles, Bloomingdales, Macys, Drugstore, Hotels, Cafes, Hotels, PaylessShoes,
Restaurants, and More! NEW!
Money Blog: Money Making Tips
And Money Saving Tips For Everyday People.
FREE Stuff and Great
DEALS - Click Here!!!!!
Baby Phat Prepaid Visa
Rush Prepaid Visa
Western Union
Prepaid Visa/Mastercard
Wired Plastic Prepaid Visa
Click Below! :)
All trademarks are the property of their
respective owners.
Articles From The
Money Blog
|
