Rolling Out Payroll Cards

It's easy to get started with a payroll card program. Speed of implementation depends upon the number of cards needed, type of cards and amount of customization required. Functionally for the employer, depositing payroll to the cards is the same as direct depositing to a bank account. Payroll card numbers are simply used in place of bank account numbers.

Standard payroll debit cards which do not require customization of cards can be sent to the employer within a few days. The minimum card order is 100 cards. For employers wishing to have their company's name imprinted on the cards, the minimum order is 500 cards. It takes 2-4 weeks to deliver customized cards. The employer must keep the numbered payroll cards in a secured location.

Standard payroll debit cards which do not require customization of cards can be sent to the employer within a few days. The minimum card order is 100 cards. For employers wishing to have their company's name imprinted on the cards, the minimum order is 500 cards. It takes 2-4 weeks to deliver customized cards. The employer must keep the numbered payroll cards in a secured location.

The cards are assigned to a particular individual by the employer. The employer has the employee fill out a direct deposit form authorizing the employee's wages to be issued to the card. The employer issues the card to the employee or the card can be mailed. The employer notifies the processor that the card has been assigned to the employee.

The employer may wish to use Visa®or MasterCard® branded payroll cards. Branded cards take 5-10 days for the cards to be issued by the bank. The name of the employee is embossed on the card. The cards are sent to the employee's home address. Minimum order for standard Visa®or MasterCard® debit cards is 250 cards. If the employer wishes to customize Visa®or MasterCard® debit cards, the minimum order is 10,000 cards. The customization must be approved by the bank. Custom branded card orders take 8-12 weeks to be issued.

Once the cards are issued, they become the employees "bank account in a pocket". If the employee changes jobs, the cards can be used at the next employer for direct deposit. Employers have no liability for the cards once the cards are issued.