EMPLOYER BENEFITS

Companies that adopt pay cards as apart of their electronic pay strategy do so for the following benefits:

Increased electronic payment participation
Reduce organizational costs and improve efficiencies
Ensure payment in event of disaster
Compliance – on-time payments for termination
Timely delivery of wages
Disaster preparedness

Employers benefit from reduced payroll administrative and fraud costs while providing enhanced programs to their employees.

Cost-savings – Reduces cost associated with issuing, delivering, replacing and reconciling paper paychecks.
Payroll cards can help companies save up to $50 per employee annually on payroll distribution costs. Employers’s estimated cost to provide a payroll check is $1-2 per check.
Costs associated with check issuance include: check printing, check replacement, check fraud and reconciliation of termination pay.
The cost for a single electronic transfer of payment is roughly $0.222.

EMPLOYEE BENEFITS

Employees choose payroll cards to take advantage of fast, secure and convenient ways to get access to their pay and avoid the expense of cashing checks.

Wages are available regardless of employee location
Can be used widely wherever Visa debit cards are accepted
For in-store, online and telephone purchases and bill payments
A lost or stolen card and the funds in the account can be replaced – lost cash cannot be replaced
A record of transactions, which helps with money management and provides proof of payment
Easier, and often lower cost, funds transfers to family members
No Credit Check
Everyone Qualifies
No Overdraft Fees
Instant Access To Your Money
Direct Deposit
No Check Cashing Fees
No More Waiting in Line
Email and Text Alerts
Check Balance and Transaction Online
Easily Pay Bills Online
Shop With Confidence
Visa Zero Liability Protection
Share A Card With A Family Member

CUSTOMER SERVICE

FIS and CBKC

The customer portal provides answers to all questions regarding the cardholder account, whether they are using the IT portal or feel it necessary to speak to a representative live. The portal provides up to 130 plus languages for our customer to use and is open 24/7 365 days a year.