Has your company’s payroll 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. Paycards may offer monetary savings, provide increased security and help employees save time by reducing their need to make trips to the bank to cash or deposit their paychecks.
1. As the technical world continues to boom, you may be
wondering why your paycheck hasn’t caught up with the digital
age. Check out below for a compare and contrast of traditional
paper checks versus pay cards.
2. David elects to receive his wages
on an ALINE Card by ADP® and his
wages are loaded onto his ALINE
Card electronically.
Sam’s employer pays him with
a paper check.
3. Sam heads to his check
cashing facility but finds that
it is closed.
David goes shopping. He uses
his ALINE Card for purchases
wherever prepaid cards are
accepted.
4. Sam hopes he will not lose or
misplace his check as he waits
a day for the check cashing
facility to open.
....and is even able to get cash
back at the point of sale when
he checks out.
5. Sam would have liked to go
shopping tonight, but has no cash
or a way to access his money until
he can cash or deposit his check.
David decides to check on his
finances. He is easily able to access
all his ALINE Card information from his
mobile device.
6. Sam decides to go to a local
check casher first thing in the
morning to cash his check and
finds out he will be charged a fee
for cashing his check.
David can also access his money at
least once each pay period at ATMs
within a surcharge-free network
without paying a fee.
Users of the ALINE Card have access to over 70,000
surcharge-free ATMs.
(The number of surcharge-free ATM withdrawals may be limited.)
7. Sam wants to make a purchase
through an online retailer but they
don’t accept cash.
David enjoys the freedom and
flexibility to make purchases online
and pay bills online from the comfort
of his own home.
8. Sam does not have an electronic way
to easily track where his money goes.
While reviewing his ALINE Card
account online from his tablet, David
can view exactly where his money is
going.
?
9. Sam decides he will talk to his
boss about the company offering
payroll cards to employees as one
way to get paid to help him and
other employees save time and
money.
David feels good knowing he can
use the ALINE Card to help him
save money and the environment.