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Swift Prepaid Solutions makes direct deposit employee compensation easy with a reloadable VISA, MasterCard or Discover Payroll debit card.
A Payroll debit card is a simple, effective way to receive money from an employer:
- Paychecks
- Expense reimbursements
- Bonuses
- Commissions
- Incentive rewards
For employees, the flexibility of a Payroll debit card makes it a highly desirable benefit. Because it is branded with the VISA, MC or Discover logo, Payroll debit cards offer employees immediate access to cash through the ATM network and the opportunity to shop online, at POS locations or over the phone. For many, the Payroll debit card offers a safer, more flexible payroll vehicle than a traditional paycheck. Account information is available via VRU or Internet 24/7.
For employers, a Payroll card becomes an employee benefit that can be a differentiator in the employment market. Some advantages to Payroll cards:
- Less costly to administer than checks
- Eliminate lost checks
- Help with employee retention
- Decrease accounting administration
For more information on setting up a Swift Prepaid Solutions payroll program today, call 888-457-0600 and one of our payroll counselors will help you get started.
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