The Prepaid MasterCard
Earning your paycheck should be thehard part – not getting your money.
Get your share of a growing payday
Employees everywhere look forward to payday. Whatthey don’t look forward to are the lines, delays, andhassles that come with trying to cash their paychecks.With 3.3 billion people underbanked around theworld,
the demand for a better way to pay employeesrepresents an opportunity to help increase revenue byoffering your commercial customers a better solution.Writing, tracking, mailing and reconciling checks isconsiderably more expensive than electronic alternatives.And replacing lost or stolen paychecks cost employersmillions in time and money.
According to the AmericanPayroll Association, 4 million payroll checks are lost orstolen every year.
That’s why corporations everywhere arelooking for more cost-effective, convenient and safe waysto pay employees. A smart, solid solution can improve acompany’s bottom line.
A better way to pay and get paid
The Prepaid MasterCard
Payroll Card makes paydayeasier for everyone. Payroll cards are up to 75% lessexpensive to issue than checks.
It’s less costly, moresecure and more efficient for your customers andtheir employees.The Prepaid MasterCard Payroll Card enables you toconvert consumers who still use cash and checks tobank-issued cards which may drive revenue and providea chance to form relationships with new customers. Theprogram can also build a stronger relationship betweenyou and your customers by saving them time andmoney, streamlining their employee payment process,and growing their employee loyalty by introducing afaster, safer and more convenient alternative to cashingpayroll checks.
PSE; Boston Consulting Group, May 2008, Research commissioned by MasterCard
CIA World Factbook; Celent LLC, The Future of Debit Cards: A Global Perspective, June 2004
Payroll Card: The Next Generation E-Pay Solution, SmartPros, June 2004
Payroll Segmentation: Driving Payroll Cards Beyond Unbanked, Mercator Advisory Group
Estimated globalopportunity by2015 of open loopprepaid cards
Number of peopleglobally thatare underbanked
Estimated U.S. spendopportunity forprepaid payrollcards by 2015
Estimated annualload for prepaidpayroll cards
Prepaid MasterCard. The Decision is Simple.