Payroll Debit cards operate exactly as prepaid credit cards and they provide attractive payroll solutions to small businesses. Small businesses (having 50-500 employees) and businesses with temporary or seasonal employees can consider debit cards as a viable option for their payroll services.
Payroll debit cards have benefited several MLM and Forex companies, insurance firms and trade organizations based in Asia, Brazil, Europe, Malaysia and Singapore. These debit cards eliminate cost incurred in printing supplies and paper checks and thereby reduce the payroll processing cost. Payroll debit cards offer remittance facility for companies with overseas employees. Through this, companies can send money to their employees in more convenient and inexpensive way.
Payroll debit cards enable the employers to keep a check of their employees' salaries by enabling them to check the employees card balance and monitoring the online money transaction process. Thus, payroll cards can enhance a companys business prospects.
These cards are accepted in almost all the business establishments like restaurants, hotels, gas stations, and many other business outlets all over the world. Payroll debit cards are very beneficial for employees without savings or checking accounts. Besides, employees do not have to pay any kind of bank fees while cashing their salaries. They can receive money simply by visiting the nearest ATM center accepting MasterCard or Visa. With payroll debit cards, employees do not have to wait in long queues to cash their checks.
Payroll debit cards have simplified the process of money transfer. If you want to send money to any foreign nation, you just have to use your payroll debit card to transfer the money without having to shell out any extra money for transfer charges.
The biggest advantage of using payroll debit cards is that it provides you with security and safety since you need not have to carry cash. Thus, these prepaid cards are advantageous for both, the employers as well as employees. - 2364
Payroll debit cards have benefited several MLM and Forex companies, insurance firms and trade organizations based in Asia, Brazil, Europe, Malaysia and Singapore. These debit cards eliminate cost incurred in printing supplies and paper checks and thereby reduce the payroll processing cost. Payroll debit cards offer remittance facility for companies with overseas employees. Through this, companies can send money to their employees in more convenient and inexpensive way.
Payroll debit cards enable the employers to keep a check of their employees' salaries by enabling them to check the employees card balance and monitoring the online money transaction process. Thus, payroll cards can enhance a companys business prospects.
These cards are accepted in almost all the business establishments like restaurants, hotels, gas stations, and many other business outlets all over the world. Payroll debit cards are very beneficial for employees without savings or checking accounts. Besides, employees do not have to pay any kind of bank fees while cashing their salaries. They can receive money simply by visiting the nearest ATM center accepting MasterCard or Visa. With payroll debit cards, employees do not have to wait in long queues to cash their checks.
Payroll debit cards have simplified the process of money transfer. If you want to send money to any foreign nation, you just have to use your payroll debit card to transfer the money without having to shell out any extra money for transfer charges.
The biggest advantage of using payroll debit cards is that it provides you with security and safety since you need not have to carry cash. Thus, these prepaid cards are advantageous for both, the employers as well as employees. - 2364