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Employers
For the millions of workers who don’t have bank accounts, the STORD Solutions payroll card programs provide you and your employees the ability to never have to issue/handle a paper check again.
Let us help you determine which of the following solutions are best for your company and employees:
- Instant issue cards – This program consists of cards that are available immediately to new hires, temporary employees, or lost cards.
- PIN-Based card – This program consists of cards accepted at ATMS and merchants with POS machines.
- MasterCard® Debit Cards – This program offers a MasterCard emblazoned stored value card that can be used anywhere MasterCard debit cards are accepted throughout the world.
- Co-branded Cards – With a co-branded program, your logo or image will appear on the card, delivering a low cost marketing platform as your employees promote your business each time they use their card.
- Gift/Incentive Cards – reward your employees with a card that gives them the freedom to choose exactly what they want.
- Medical/ Expense Reimbursement – a creative solution to offset the high cost of providing medical benefits.
Seamless Integration
- STORD provides dedicated card services to your organization, your employees and your current direct deposit program or payroll provider.
- Each paycard has a routing number and account number that works with your existing direct deposit program.
- All employees – banked, unbanked and credit-challenged are eligible for the paycard––No credit check is required.
- All U.S. residents with a valid government identification number and government issued picture ID are eligible.
- A simple enrollment is all that is required.
- There is no age Limit, making paycards great for employers who hire part time students.
Employer Savings:
The STORD Solutions payroll card utilizes the ACH Direct Deposit program or a funding account for instant transfers, cutting the costs of issuing payroll dramatically.
Payroll cards eliminate the following costs:
- Expensive paper checks, envelopes, and postage
- Check Fraud; Employers financial information on issued checks is eliminated
- Man hours and expenses associated with payroll checks being lost or stolen
Your management staff will experience an increase in productivity. No longer will they be spending time delivering checks or looking for employees who leave work early to get checks cashed. You can even use our payroll card to manage employee expenses.
Let STORD Systems help you mandate direct deposit using our SOLUTONS card programs. We can help you customize a program to meet state regulations (US Regulatory Compliance) and the needs of your employees, independent contractors and union members.
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