Madison, WI (PRWEB) March 3, 2005 - -
USA Paycard, Inc., a leading provider of payroll disbursement products, today announced its release of the USA Paycard, a prepaid debit card that takes the place of the traditional payroll check. Employers and their employees will appreciate the many benefits a USA Paycard can provide.
The USA Paycard allows employers to use direct deposit for employees who lack a traditional banking relationship. This translates into lower payroll check processing costs Â an average of $48 per employee, per year according to a 1999 NACHA study.
Each participating employee receives a prepaid payroll debit card (USA Paycard) serving as their paycheck, good at over 1 million ATMs and merchant locations nationwide. Employees are no longer hassled by excessive check cashing costs, trying to find a check cashing location, wasting time waiting in line or losing their payroll check Â and thereÂs no qualifying, so every employee gets a card.
ÂUsing the USA Paycard is the next logical step for companies seeking to reduce the time spent and the associated costs of payroll processingÂ said Jason Wacker, President of USA Paycard. ÂPlus, the card improves the financial lives of their employees. ItÂs a win-win situation for everyone.Â
USA Paycard, Inc. handles the card set up, customer service and transaction processing. Additionally, USA Paycard assists employers with employee solicitation, sign-ups, and answering any card related questions. There are no employer costs to the program.
About USA Paycard, Inc.
USA Paycard was founded and continues to be headquartered in Madison, WI servicing businesses nationwide. Our mission is to provide our cardholders with a premium product at an affordable price. Our goal is to put the best USA Paycard product in the hands of the people who need them. The USA Paycard itself is issued by KeyBank one of the leading financial institutions in the United States. For more information visit http://www.usapaycard.com.