There is much more to paper payments than you might think…

Market researchers estimate the cost of issuing paper checks to be nearly $10 per check. Contrast that with the roughly $1 per transaction for electronic payments (ACH). Labor costs comprise the largest expense incurred from in-house payment operations. But there are also costs for materials like printers and envelope stuffing and sealing machines; postage; and supplies, including highly secure check stock, MICR toner, and envelopes. Businesses will also pay bank fees and incremental charges for fraud protection, such as positive pay, check reconciliation services, and retrieval of transaction history and check images.

Go Paperless!  Here’s why:

ADMINISTRATORS

Features:

  • Card Can be Loaded Right in Your Office
  • Able to Reverse Funds on Cards
  • 24/7 Online Tracking of Cards
  • Online Monitoring of All Transactions
  • Eliminates Check Writing
  • Eliminates Trips to the Bank
  • Eliminates Lost or Stolen Cards
  • Unlimited Debit Card Loads
  • Eliminates Mailing Time and Postage

Benefits:

  • Able to Track Spending on All Cards
  • 24/7 Access to All Card Account Information
  • Protects Your Financial Information
  • Saves You Time and Money
  • Instant Access to Funds
  • Lost Cards Can be Easily Replaced
  • Able to Load or Reverse Funds 24/7
  • Eliminates Trips to Bank and Post Office

CARD HOLDERS

Features:

  • Eliminates Check Cashing
  • Eliminates Mail Transit
  • Eliminates Lost or Stolen Checks
  • Easy Access to All Card Information
  • Lost Cards Easily Replaced
  • 24/7 Online Tracking of Purchases & Deposits
  • Can Check Card Balance Online
  • Cards Can Be Used Anywhere

Benefits:

  • No Trips to Bank or Post Office
  • Online Tracking of Transactions and Balances
  • Protects Your Personal Information
  • Saves You Time and Money
  • Instant Access to Funds
  • Lost or Stolen Cards Replaced Easily
  • Option of Personalized or Non
  • Personalized Card