100% Direct Deposit - The Benefits of Paycards in the Payroll Department

Eliminate up to 75% percent of your current
payroll expenses with ZERO Cost!!!

How? It’s easy, convert to an electronic Payroll Card system.

In addition to your company’s massive savings, a payroll card program practically guarantees:

• Reduction or elimination of bank service fees and account reconciliation costs, as well as stop payment fees for lost or stolen paychecks
• Elimination of your escheatment liability, as it's passed on to the financial institution that actually holds the employee's funds
• Significantly minimizing your exposure to paycheck fraud by decreasing the total number of paper paychecks produced and sent out by your organization

And that’s not all. A paycard system also benefits the estimated 25 million unbanked employees in the US. In fact, your employee’s paycards will immediately:

• Eliminate their check-cashing fees
• Eliminate money-order fees
• Provide 24-hour access via an ATM network
• Allow for them to purchase goods and services at point-of-sale terminals within stores (FEE FREE)
• Decrease the remote chance of not being paid timely due to unforeseen circumstances
• Improve control of their money
• Increase security, as now there’s no need to walk around with their entire pay
• Plus much, much more…

But before you launch a paycard program there’s a lot to consider, like: how do choose the right paycard vendor? Which types of paycards are best to provide to your employees? How do you establish the necessary relationships that guarantee consistent and timely access to employee wages?

Attend this webinar event to find out the answers to these questions and more. You will also learn how to:

• Significantly lower your overall payroll costs
• Transfer from a traditional paper check system to a Payroll Card system that benefits both the employee and the employer
• Encourage employees to apply for a Payroll Card
• Effectively implement and roll-out a Payroll Card program within your company
• Select a Payroll Card vendor that best suits the needs of your company
• Increase overall employee satisfaction

All HR & Payroll Professionals

Learn how to cut your payroll costs by up to 75%. Learn how to achieve 100% Direct Deposit Learn the how employees benefit with paycard as an option Learn what to look for when selecting the best paycard provider for your company Ge tips on how to effectively implement and roll-out a Payroll Card program within your company

American Payroll Association Website Visa Paycard Portal http://www.americanpayroll.org/Visa-Paycard-Portal/

		Brian Slowik WEX rapid! PayCard View Profile