|
|
|
Pay Cards
|
| Problem |
I've heard a lot about employee payroll cards lately. What exactly are they?
|
| CTP Solution |
|
A paycard is essentially a debit card to which any money owed an employee is applied, including regular pay, reimbursement of expenses, bonus and reward payments, even termination payments. CTP's turnkey process offers employee payroll cards utilizing standard direct deposit, electronic wage statements, even a second card for sending money home. We manage the entire escheatment process, reducing the stress and costs associated with payroll. |
| Problem |
But what is the advantage of a paycard for our employees?
|
| CTP Solution |
|
Employment payroll cards frees employees from costly fees to cash checks and send money, long waits in lines to cash checks and the risk of carrying large amounts of cash. And each card is protected from fraudulent purchases with Zero Liability from MasterCard. |
|