Category Archives: Wage Payments

05.14.15 |

The Evolution of Payments: Where We’ve Been, Where We Are and Where We’re Going

The way we make and receive payments has changed over the course of human history and continues to evolve. If you want to get a snapshot of that evolution, take a look at your own life history as an example. One of the first payment methods was in the form of bartering, a practice you’re…Read More »

05.11.15 |

What is the Difference Between General Purpose Reloadable Cards and Pay Cards?

In 2013, the Federal Reserve System issued a study1 confirming a trend that many of us have been noticing for years – payments are increasingly being processed electronically. For example, in 2012, the number of credit card transactions grew to 26.2 billion compared to 21 billion in 2009. At the same time, the number of…Read More »

Why Isn't Your Company Using Paycards?
05.01.15 |

Why Isn’t Your Company Using Paycards?

Recent trends have shown that more companies are adopting paycard programs and giving their employees a choice of receiving their net pay via a paycard as one alternative to paper paychecks. But new research shows that some companies still aren’t ready to give their employees the choice of replacing paper checks with paycards. According to…Read More »

04.06.15 |

[Infographic] Out With the Old, In With the New: Electronic Processes Growing in Popularity

The Rise of Electronic Payment Processing Electronic payment processing has grown exponentially since direct deposit was adopted in the late 20th century. Today, a variety of goods can be purchased by using mobile devices. It’s possible to live your life without seeing another dollar bill or coin ever again depending on where you shop. For…Read More »

01.05.15 |

Maximizing Benefits and Reducing Fees: How to Choose the Right Paycard

As more and more companies ditch paper payroll processes and switch to electronic methods, many are adopting paycards as another form of paying employees’ wages. But are there different paycard options companies can choose? Are some paycards more beneficial for employees than others? Overall, paycards can help substantially reduce or even virtually eliminate fees employees might…Read More »

12.02.14 |

Managing the Increasing Complexity Surrounding Paycard Laws

Last year, a McDonald’s employee in Pennsylvania filed a lawsuit against the franchise restaurant where she worked, citing that her paycard was deducting more than her net pay by imposing fees on a range of transactions from ATM withdrawals to being charged for checking her account balance2. When she asked if she could receive her…Read More »

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11.24.14 |

[Infographic] Save Money, Go Paperless

Has your company’s wage payments system caught up with the digital age? Payroll cards are one option that can help employers and employees keep up with an increasingly technological world in a way that traditional paper checks likely can’t. Payroll cards may offer monetary savings, provide increased security and help employees save time by reducing…Read More »

11.18.14 |

Paying Tips Earned by Employees is a Growing Challenge for Many Restaurants

Restaurants often experience a few challenges when it comes to paying employee tips. One of the primary challenges is having enough cash throughout the day to pay out those tips at the end of a shift.  With more than 81 percent of total restaurant sales paid by credit or debit card,[1]  many restaurants must find…Read More »

Electronic Pay 160
10.20.14 |

Making the Switch to an Electronic Pay Solution

More than 96 percent of American workers prefer to receive their pay by direct deposit, a payroll card or a prepaid reloadable card, according to the National Payroll Association’s “Getting Paid in America” survey. Only 3 percent opt for paper checks, indicating employees generally prefer to go electronic. So, where does your business stand? If…Read More »

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10.09.14 |

Navigating State and Federal Guidelines for Payroll Card Compliance

Regulation E, which implements the Electronic Fund Transfer Act, is a federal regulation addressing payroll cards, and its stipulations can often be confusing for both employers and employees. While much of Regulation E applies to financial institutions offering payroll card accounts, the Consumer Financial Protection Bureau (CFPB) has clarified its applicability to third parties, including…Read More »


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