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Employers get Cash Reimbursements Every Month For Paying Their Employees
The Payroll Services Information system offers a reloadable prepaid major branded debit card, not a credit card. Everyone qualifies: no credit checks or bank accounts are required. Each pay period, employee’s earned funds are automatically loaded onto the card and made available on payday, integrating seamlessly into your direct deposit program. The Payroll Services Information system can:
- Reduce payroll processing cost by eliminating check printing, processing and reconciliation costs and fees.
- Optimize your direct deposit program to all employees to eliminate paper checks.
- Eliminate costly out-of- cycle checks and charges for reissuing lost or stolen checks.
- Provide employees with immediate access to their funds. All funds are FDIC insured.
- Save your employee check cashing and money order fees.
- Give employees the flexibility to shop or pay bills by phone, online or mail anywhere credit cards are accepted.
- Funds applied to the cards are completely safe & secure from creditors or garnishment.
Employers save with the Payroll Systems Information Optimization Program, the smart alternative to current Direct Deposit programs and paper pay checks and the only card that pays employers for paying their employees! Optimize your company’s direct deposit program, Reduce payroll costs, increase processing efficiency and build employee loyalty all at the same time. The Payroll Systems Information program is a prepaid card that provides a convenient, low-cost alternative to distributing salary and wages to employees.
“All funds are FDIC insured. All transactions are secured by a Major branded credit card network”Until Now
The main benefit to employers for participating in the Payroll Systems Information program is a lower internal cost. Not only did the employer avoid the cost of purchasing, handling, and distributing the checks, but it also avoided the cost associated with lost or stolen checks. The typical cost to an employer of a direct deposit transaction is 20 cents, the cost of a paper check is estimated at $1 to $2, and the cost of posting money to a Payroll Systems Information program is $FREE!!! It cost an estimated $8 to $10 to replace a lost or stolen check. In addition to cost savings, employers also benefit from payroll cards by being able to transmit payroll electronically to employees who are stationed at remote locations
Now
Along with all the previous benefits employers enjoy by using payroll cards… with the Payroll Systems Information program they are not charged a fee for depositing funds to the card and they…
The No Cost-No Contract Payroll Optimization Program