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» Payroll Cards
» Stored Value
» Technologies & Services
 
» Stored Value Process
 
» Cardholder Benefits
» Merchant Benefits

Payroll Cards

Paychecks and benefits checks can be Direct Deposited onto the Cardlinx Stored Value MasterCard.

  • Consumers avoid the cost and inconvenience of check cashing.
  • Previously under-banked consumers now have a "virtual bank account" with an ATM card to access cash.
  • Employers save money on payroll administration. Direct Deposit also eliminates payroll check fraud.
  • The Cardlinx Card can also be used anywhere the MasterCard, Maestro or Cirrus logos are shown and ATM cash withdrawals can be made at over 634,700 locations worldwide.

Cost Savings:

  • Consumers save 1.4% - 6.0% on check cashing fees.
  • Typical consumer savings of over $600 per year.
  • Employers save money on payroll administration costs.

    Convenience:

  • Instant access to paycheck money at ATMs on payday.
  • Avoids time consuming trip to check cashing location.
  • Avoid carrying excessive cash.
  • Simplifies payroll for employers.
  • Drastically lowers check fraud.


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