Prepaid payroll cards have become an ideal option for employees who do not belong to a bank or credit union or do not have their own checking or savings accounts. Safe, efficient and simple to use, payroll cards not only help staffing agencies pay their temporary staff quickly and conveniently; they can help you avoid payroll processing issues and complications that impact productivity.
Benefits of prepaid payroll cards
Prepaid payroll cards offer a number of advantages over traditional payment methods. Paying your temporary staff with payroll cards is:
- Safe – Prepaid payroll cards are a safer option than carrying around a paycheck. If the card is lost, it is easily replaced. Card owners also have a PIN that they can change any time.
- Cost effective – Prepaid payroll cards are much less expensive for employees than using a check-cashing service. ATM and debit charges are also minimal.
- Convenient – TemPay offers standard direct deposit and Visa®-branded prepaid payroll cards, which can be used at any ATM or store that accepts credit and/or debit cards.
- Fast – When TemPay funds your payroll cards, the money is there immediately; with direct deposit, it often takes 24 to 48 hours for the money to be available.
When TemPay handles your staffing payroll, we ensure your employees are paid on time and in the manner they want. Contact TemPay to learn more about the benefits of prepaid payroll cards.