Payroll cards in demand

Prepaid option can save time, reduce fraud, boost employee satisfaction

Payroll cards in demand
Credit: Teerasak Ladnongkhun (Shutterstock)
While most Canadians have bank accounts and can accept direct deposit, it’s not always the preferred choice of many employees. Many contract workers, overseas workers and younger workers are looking for quicker, more flexible and transparent pay — and payroll cards (or payment cards) can alleviate this pressure.

Payroll cards can help businesses achieve 100 per cent electronic payroll, along with saving time and money, reducing fraud and risk, and boosting employee satisfaction.

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