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Pay Cards |
| Problem |
I've heard a lot about employee payroll cards
lately. What exactly are they?
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| CTP Solution |
| A paycard is essentially a debit card to which
any money owed an employee is applied, including regular pay,
reimbursement of expenses, bonus and reward payments, even
termination payments. CTP's turnkey process offers employee
payroll cards utilizing standard direct deposit, electronic
wage statements, even a second card for sending money home.
We manage the entire escheatment process, reducing the stress
and costs associated with payroll. |
| Problem |
But what is the advantage of a paycard for our
employees?
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| CTP Solution |
| Employment payroll cards frees employees from
costly fees to cash checks and send money, long waits in lines
to cash checks and the risk of carrying large amounts of cash.
And each card is protected from fraudulent purchases with Zero
Liability from MasterCard. |
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