PayrollonaBudget.com Announces Regulation E compliance.
PayrollonaBudget.com today announces full compliance with all Federal Resere Regulation E requirments for "payroll card accounts".
Lewisville, TX (PRWEB) February 1, 2006 -- PayrollonaBudget.com and US Cash are pleased to announce that the PayrollonaBudget.com's “Payroll Debit Card” meets or exceeds all proposed Regulation E requirements for “payroll card accounts.” Charles Read, President of PayrollonaBudget.com made the announcement to assure all existing and potential clients of PayrollonaBudget.com’s commitment to maintain the highest standards in the payroll industry both in products and service.
Recently the Federal Reserve announced that “payroll card accounts” are to be covered by Regulation E. This regulation covers aspects of statements provided to the account holder, limitations on liability, error resolution and other additional issues. These changes were made due to the increasing popularity of “payroll cards” among employers and employees alike.
PayrollonaBudget.com issues “Payroll Debit Cards” to their clients for use as a payment device instead of a check or direct deposit. This is a payroll option very popular among the unbanked for safety and convenience. The cards provided are “U.S. Cash Worldcards” from US Cash. These “Payroll Debit Cards” are useable at ATM’s around the world as well as with no ATM surcharge at participating “AllPoint Access” ATM machines
The “Payroll Debit Card” is explained in detail at www.payrollonabudget.com and in an eight-minute video hosted by William Shatner, of StarTrek fame, at the same website. US Cash has its website at www.uscash.org
About PayrollonaBudget.com:
PayrollonaBudget.com is designed as an online Internet paperless payroll at an unbeatable price. It is a recent outgrowth of the full service payroll service bureau “Custom Payroll Associates, Inc” whose website is www.custompayroll.com. It is member of the Better Business Bureau and is not a CPA firm. The founder and current president of the company is Charles J. Read, CPA. He is a long time Rotarian, a member of the Chamber of Commerce and of the American Payroll Association.
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