* Reduce check printing costs and likelihood of check fraud
* Reduce check reconciliation costs
* Eliminate lost /stolen check replacement costs
* Maximize direct deposit participation
* Streamline administrative responsibilities
* Available dedicated resources for implementation
* Turnkey program setup and management
Benefits for the Employee
* Reduce monthly costs for check cashing fees
* Convenient to use (easy access to funds)
* 24-hour access to funds via ATM’s; no need to wait in line to cash checks
* Use at millions of retail locations where you see the Maestro acceptance mark.
* Reduce the need to carry a lot of cash
* Makes sharing funds easy
* Very reliable and secure
* Funds accessible at more than one million ATM’s worldwide.
* Money available on time every payday
Summary of Benefits
* Employers can dramatically decrease internal payroll costs
* Cost effective alternative to printing, cutting and mailing paper payroll checks
* Convenience and the elimination of check cashing fees for employees
* Transmit payroll electronically to employee card accounts
* Avoid costs associated with lost or stolen checks
* Process is similar to current direct deposit to banked employees
* Employees have internet access for card balance and activity inquiry
* Turnkey program setup and management
* Employees have 24 hour access to funds via ATMs
* Use at more than one million ATM’s worldwide.
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