Debit Cards associated with payroll are also called as Pay Cards. These payroll cards allow employers to directly deposit salaries in the accounts of employees thus act as good payroll solutions. Such kinds of debit cards are beneficial for employees, who do not have a bank account. They serve for various purposes that involve electronic payments and hence, many people refer them as multi-utility electronic payments cards.
It is growing trend among companies to have such payroll cards. They are new and unique payroll solutions. These cards have become an important concern for companies. Companies having distributors, agents, employees, affiliates have largely benefited from these cards. A person does not necessarily need to have a bank account to obtain such a card. In fact, any individual on the payroll of a company can sign-up for such card.
Various activities can be outsourced by availing the services of a payroll debit card service provider. This way you can assign more time to concentrate on the core activities of your business instead of wasting time in lengthy payroll procedures.
These cards are helpful for workers, who for some reason cannot own a bank account. The major advantage of using such payroll solutions is that, they reduce costs and increase profits by the elimination of paper checks. In addition, the increased productivity results into reduction of overhead costs.
A payroll debit card safeguards your business against frauds. This helps to curb the charges that occur due to delayed payments. In fact, automatic payroll delivery promotes the growth of your business in a significant manner. A pay card is also a good way to abolish the time consuming process of payroll check writing and reconciliation.
These payroll solutions offer speed, safety and convenience for employers. An employer can easily send money to the account of an employee and on the other end, the employee can receive money safely and quickly without much hassle.
A pay card is exactly similar to a phone card, that is issued by VISA or MasterCard. Employees can duly withdraw the amount deposited on their cards from an Automated Teller Machine (ATM), as and when they need.
Payroll services provide employers with a free deposit payroll solution option. Payroll debit cards are welcomed with open arms by people around the globe because of the astonishing features such as money transfer options and electronic bill payment. In short, it has become the safest and most preferred mode of salary payments for both employers to pay their employees.
It is growing trend among companies to have such payroll cards. They are new and unique payroll solutions. These cards have become an important concern for companies. Companies having distributors, agents, employees, affiliates have largely benefited from these cards. A person does not necessarily need to have a bank account to obtain such a card. In fact, any individual on the payroll of a company can sign-up for such card.
Various activities can be outsourced by availing the services of a payroll debit card service provider. This way you can assign more time to concentrate on the core activities of your business instead of wasting time in lengthy payroll procedures.
These cards are helpful for workers, who for some reason cannot own a bank account. The major advantage of using such payroll solutions is that, they reduce costs and increase profits by the elimination of paper checks. In addition, the increased productivity results into reduction of overhead costs.
A payroll debit card safeguards your business against frauds. This helps to curb the charges that occur due to delayed payments. In fact, automatic payroll delivery promotes the growth of your business in a significant manner. A pay card is also a good way to abolish the time consuming process of payroll check writing and reconciliation.
These payroll solutions offer speed, safety and convenience for employers. An employer can easily send money to the account of an employee and on the other end, the employee can receive money safely and quickly without much hassle.
A pay card is exactly similar to a phone card, that is issued by VISA or MasterCard. Employees can duly withdraw the amount deposited on their cards from an Automated Teller Machine (ATM), as and when they need.
Payroll services provide employers with a free deposit payroll solution option. Payroll debit cards are welcomed with open arms by people around the globe because of the astonishing features such as money transfer options and electronic bill payment. In short, it has become the safest and most preferred mode of salary payments for both employers to pay their employees.
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Find out several free quotes from various payroll service providers prior to applying for payroll debit cards.
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