Looking to go paperless, but not sure what your options are? When people think about

paperless payroll, typically direct deposit comes to mind, but what about paycards? They

can be just as convenient for employers and employees alike. This is also a great option for

employees who don’t have a bank account because it gives them immediate access to their

money and cuts out the middleman.

There are many options when looking into pay card providers. PriorityHR partners with

First Data for our pay card needs, but we also recommend many other options such

as APA Visa Paycard, Rapid Paycard, and USA Paycard to name a few. Also, make sure to

check with your bank to see if they offer pay cards. Often times this is a more cost

effective solution.

Pay Card Advantages

Comparing pay cards to paychecks is like comparing apples to oranges. While they both

provide the same essential function, they have vastly different benefits. Having a paycard

means:

Having immediate access to funds

Receiving account alerts to warn when funds are low

Less paper production, i.e. less money spent on payroll

Easy to Implement

If you’re looking to make the switch to pay cards make sure you pick a company that will

simplify the on-boarding process for you. Training is key to have a successful transition

from checks to pay cards. Educating not only those involved in the transition, but the

employees of the company who will have to adapt this new model need the proper training

and materials as well. The best way to roll out a new product or service is to make it

intuitive to the end-user.

Eliminating Checks

Pay card advantages extend beyond the employee and actually benefit the employer as

well. Having pay cards means not having to distribute individual checks anymore, therefore

eliminating the cost associated with doing so. This also eliminates the chance of having a

check get lost in the mail, or being fraudulently cashed.

Want to know how much your company can save? Click here.