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Employee Payroll Cards

significant cost savings for employers and employees

“Companies can save up to $2.00 per payment using electronic disbursement instead of checks.”
-www.directdeposit.org

Marlin Financial Services offers employee payroll cards utilizing standard direct deposit to fund debit MasterCard® payroll cards or instant issue PIN debit payroll cards and a second card to send money to family and friends worldwide. We reduce the stress and costs associated with payroll by providing a turnkey solution. Your new payroll card program will provide bottom line savings for your company while adding value to your employee benefits package, and increasing employee retention.

Payroll cards provide significant cost savings for employers and employees. Our payroll cards can be used for regular pay, reimbursing expenses, bonus and reward payments, paying remote employees, termination payments, payroll adjustments, or other one-time payments. If you are looking for a paperless payroll solution, an added key feature of our payroll cards is our integrated electronic pay stub application.

Celent Communications predicts more than 26% of U.S. employees who do not have bank accounts will be paid with payroll cards by 2006 and approximately 3.8 million payroll cards will be issued by then.

“The unbanked will each spend $270 in check cashing fees each year”
--Office of the Comptroller of Currency

Payroll cards conveniently allow employees to receive payroll funding on their cards, which gives them instant access to cash at over 1,000,000 ATM locations and point-of-sale terminals. It also eliminates costly fees for check cashing and sending money, the need to wait in line to cash checks, and the risk of carrying large amounts of cash.

The Marlin Financial Services payroll card is a branded NetPayCard Debit MasterCard, and is ideal for those employers that wish to immediately start issuing a Debit MasterCard payroll card and/or a PIN debit payroll card. Our payroll card programs can also be customized specific to your branding and corporate identity.

Employer Benefits

  • Pay unbanked employees using standard direct deposit
  • Reduces operational costs by 70%
  • Eliminates check fraud, stop payments, and costs associated with lost or stolen checks
  • Eliminates escheatment
  • Eliminates paper payroll checks, storage, envelope stuffing, and distribution
  • Increases employee productivity (eliminates off-site trips to cash checks)
  • Increases employee retention and loyalty and provides an additional employee benefit.
  • Eliminates paper checks for expense reimbursements
  • Paperless payroll disbursement
  • Electronic pay stubs integration via the cardholder website and a pay stub automated phone system
  • Employer web site
  • 100% Satisfaction Assurance

Employee Benefits

  • Pay automatically deposited onto payroll card
  • No need to cash or deposit payroll checks
  • Eliminates cash checking fees
  • Get cash worldwide at ATMs displaying the MasterCard®, Cirrus®, Maestro®, Allpoint®, and STAR® network brands
  • Have access to over 34,000 surcharge-free Allpoint ATMs nationwide
  • Make signature purchases worldwide at millions of retail locations, online and by phone where MasterCard debit is accepted
  • Make PIN purchases and get cash back at millions of retail locations worldwide that accept the Maestro and STAR network brands.
  • Purchase a money order at 38,000+ Post Offices nationwide
  • Pay bills through any online bill pay site
  • Welcome packet includes a list of the closest surcharge-free Allpoint ATMs in the area, a direct deposit form for a second employer or bill pay site, a list of frequently asked questions, and money savings tips
  • Safer than carrying cash
  • Card information available on the web and through the automated phone line
  • Remote employees receive expenses on the card, eliminating the need to wait for an expense check in the mail
  • Second card provides a cost effective method of sending money through card to card transfers
  • Card for all employees, including those with less than perfect credit
  • Pay stub available online and via an automated phone system
  • 24/7 Live Customer Service in English and Spanish
  • Funds are protected by MasterCard’s Zero Liability Policy

Contact us today and learn more about how payroll cards from Marlin Financial Services can benefit your company and your employees.

 

NetPayCard Debit MasterCard® Payroll Card is issued by BANKFIRST.