The Visa Payment Card...

The Visa Payment Card is a revolutionary turnkey vehicle for employers to reduce the cost and time associated with administering, distributing and dealing with payroll issues. At the same time, it provides a significant benefit to employees.

For all employees, but especially those who are unbanked, the payment card is a convenient and cost effective solution for employees to receive their pay electronically. Why are CFOs turning to Visa Payment Cards as a bottom line solution? Because it is a proven tool to lower recurring expenses, provide an employee benefit as well as save their firm vital resources.

For more information about the Visa Payment Card, please read the information provided below, call Prepaid Technologies at 205-871-6144 or email Stephen Faust at faust@in-prepaid.com.

Benefits To The Business

• Eliminates Checks and Cash
• Eliminates Check Reconcilement Problems
• Eliminates Postage or Shipping to Remote Locations
  
• Allows The Employer To Go All Electronic Combining Existing Direct Deposit and the Payment Card
  
• Eliminates Employees Going To The Bank To Deposit Checks During Working Hours
  
• Utilizes Existing Direct Deposit Procedures With Employer Bank
• New Cards Ordered On The Internet If Desired
• Custom Branded Cards are Available

Frequently Asked Questions For Employers

Benefits To The Employees

• Prestige Of Visa Card
  
• Immediate Availability of Funds
  
• Eliminates Hassles and Fees When Cashing Checks
  
• Cash From ATMs And Cash Back At Grocers, Drug Stores, Etc.
  
• Visa Purchasing Power at 20 Million Merchants
  
• Cost Effective Way to Get Money to Relatives Domestic or Foreign
  
• Cash Back At Interlink Merchants
  
• Pay Bills Using The Card
  • Get Phone, Cable, Cell Service Using This Card
    
• On Line and 800 Access to Balance and Transactions
  
• On Line or Paper Statements

Frequently Asked Questions For Employees

Business Requirements:

• Direct Deposit for Payroll With Your Bank
  
• Cards Are Sent to US Addresses

Cardholder Pricing

• Currently Prepaid Technologies provides several different standard pricing models for both employers and Financial Institutions. In addition, custom pricing can be established for larger groups.
• For more information on cardholder pricing, please call 205-871-6144 or email Stephen Faust at faust@in-prepaid.com

Ordering Cards

• Employers Can Order Cards Several Ways:
  
  • On our secure website
    • Please contact Prepaid Technologies for the website and your client ID and password information faust@in-prepaid.com
      
  • Large initial orders can be facilitated by sending Prepaid Technologies a spreadsheet
    
  • Generate a batch file from the employer payroll system
    

The Key Drivers for Value to an Employer

• Can Achieve 100% Electronic Pay for all Employees
  
• Can Eliminate Cost, Hassles of Checks: Delivery Cost and Time; Lost/Stolen; Reconcilement; Escheatment and More
  
• Many Ways for Employers to Order Cards
  
• No Software or Hardware to Install
  
• Employer uses Existing Payroll System and Direct Deposit Procedures Without Having to Modify anything
  
• Employer uses Existing Banking Relationship
  
• On-line Immediate Pay Option for Employer
  
• Same System can be used for Expense Reimbursement
  
• Several Cardholder Pricing Options
  
• National Bank Issued and FDIC Insured Cards, uses ACH payment System and is Secured by the Visa Rules To Protect the Cardholder
• National Processor Dedicated to Prepaid Cards
  
• Prepaid Technologies Become an Extension of your Company to Ensure you Achieve Your Goal