Best for a few under-banked employees
The payroll card company will include the list of account numbers for each card.
The routing number refers to the bank. It is the same for all of the cards.
It's easy! You break off a card from the set of cards sent to you by the company.
Immediately, you call to activate it.
Once you confirm the routing and account number, you can pay them with direct deposit.
Going from opening the account to setting up payroll takes only a few minutes.
Yes. The payroll card companies featured on Wisewage can only provide cards that follow the law.
Fees and services are adjusted to fit within the rules of each state.
Yes. They can use their smart phone to deposit their check into their payroll card account for free without having to go to a check casher anymore.
No, your payroll card company will not charge any additional fees.
You should store the set of unused cards in a secure place.
It is important that unused cards remain in your hands only.
The card will continue to work.
Your employee can take the card to his or her next job.
Additionally, the employee can put other deposits on the account.
Your action to sign up unbanked employees for bank accounts will make a lasting improvement on their finances.