Prepaid bank cards of the; No Credit Check.

ordinary checking account to make purchases.

Unbanked employees and customers live in a world of cash-n-carry psychological feel disadvantaged. They have no bank account and probably have no credit cards. And truth be told, they are disadvantaged. They can not credit card purchases, type they experience when renting a car and airline reservations. They have frequent check-cashing establishments where they often pay high costs and they are vulnerable by having to carry large sums of cash.

There is now the opportunity to offer your employees or retail customer a big brand debit bankcard.

The primary consideration in the use of the Payroll card is that the receiver "Unbankable." They lack conventional bank accounts and credit cards. As such, they are currently paying costs of 3% to 8% [average 5%] just to make money from their salary.

A ten-dollar an hour worker spends more than € 1,000.00 annual [$ 87.00 monthly] just to make money from their weekly salary. Add to this the cost of paying normal household accounts [12 money orders per month] that another $ 15.00 to their monthly expenses and for those who send money overseas, add a cost averaging $ 50.00 up to $ 60.00 per transaction, and it turns out immediately that the employer is to actually save the employee $ 1,500.00 annually several thousands of dollars by implementation of the direct deposit Payroll Card program.

Our program can deliver funds electronically to employees, commonly referred to as the "unbanked," who do not have a transactional bank account. Payrolls on these cards, which can then be used to access payroll funds via ATM withdrawals and debit card purchases are loaded.

Benefits for customers