Payroll Cards

Offer direct deposit to all your employees—even those without bank accounts!

Payroll cards are ideal for businesses that have a significant number of employees who may not have personal bank accounts.

How do Payroll Cards work?

  • On payday, each employee’s net pay is automatically deposited to his or her personalized, re-loadable Payroll Card.
  • The Payroll Card lets the employee access funds 24 hours a day at more than 900,000 ATMs and at any merchant that accepts Debit MasterCard.
  • The Payroll Card is not a credit card; each time the card is used, the purchase amount is deducted immediately from the available balance.

Related Links

ACH Disbursement

Zero Balance Account

Automated Wire Transfers

Positive Pay

Explore other Treasury Management Solutions.

The benefits of Payroll Cards?

It lets your company:

Reduce payroll expenses.
Reduce the time and expense of printing, processing and distributing checks.

Attract employees.
Your employees no longer need to carry large amounts of cash, risk having a paycheck lost or stolen, or worry with the check-cashing hassles and fees.

It gives your employees:

Increased protection.
Payroll Card funds are FDIC insured, and cardholders are not liable for fraudulent purchases made with a lost or stolen card.

Assured privacy.
Employers do not have access to employee card transactions.

 

© Broadway Bank. Equal Housing Lender. Member FDIC
210.283.6500 • Outside San Antonio call toll-free 800.531.7650
1177 N. E. Loop 410, San Antonio, Texas 78209