
Payroll Cards
PAYABLES MANAGEMENT
Boost direct deposit participation.
Offer direct deposit to employees without bank accounts by offering payroll cards. These cards give your employees access to a virtual bank account with convenient access at ATMs and businesses who accept Mastercard®.
About Payroll Cards
This service allows you to offer your employees a virtual bank account, accessed through a debit Mastercard®. The account cannot be overdrawn, protecting your employees from penalty fees. Regardless of your employee’s past banking history, they can get access to this program.1 You get the benefit of boosting direct deposit participation, saving you on time and cost, and your employee gets the benefit of saving a trip to the bank on pay day.
Benefits:
- Employees can receive direct deposit to their account
- Accounts can be accessed at any business that accepts Mastercard®
- Card can be used to make ATM withdrawals
- Online banking and electronic statement access included2
- Deposits are FDIC insured up to $250,0003
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