debit card, payroll debit card
health discount card health discount card debit card, payroll debit card
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Debit Card Program
   
 
SUMMARY OF BENEFITS
For individuals
  • Requires no checking or savings account— ideal for the unbanked
  • No credit check required for purchase and usage
  • Enhances security by reducing or eliminating need to carry cash and the chance of lost paychecks or theft
  • May withdraw funds from ATM machines
  • Allows for transfer of dollars to another destination—bank account is not required
  • 24/7 convenience
  • Ability to transfer funds more quickly, conveniently; significantly less expensively than traditional means
  • Provides finances (allowances, etc.) to teens/students to exercise more parental control over spending habits vs. a checking account or credit card
For Employers
  • Significantly reduces cost of payroll check processing
  • Eliminates payroll difficulties of unbanked employees
  • Reduces difficulties with account reconciliation
  • Eliminates "stop-payment" charges due to loss/theft
  • Eliminates check regeneration due to lost or stolen checks
  • Can be utilized as a revenue generator and an employee-loyalty program
  • Initiated quickly and with little upfront investment of resources
 

Bringing Convenience and Cost Savings
to Employers and Employees with
Reloadable Debit Cards

 
         
       
   

INDIVIDUAL PROGRAMS: Safer, More Convenient Access to Cash
With our reloadable debit card, those without banking relationships can use their cards at any ATM machine in the same way as a traditional bank card—with the same convenience, confidentiality and pin-registered security. And, through our relationship with First Card Resources, cards can also be made available with Visa or MasterCard branding.
    With CR Wolters' Debit Card program, there’s no longer any need to risk personal safety by cashing checks in potentially dangerous locations, waiting for payroll checks, or using credit cards until income is received. Card-to-card transfer of funds can be accomplished both domestically and internationally with additional, companion
cards available at nominal cost for transfer of funds to relatives and friends.
    People with relatives outside the country can now safely transfer funds without the risks and time delays involved in mailing or the costs associated with wire transfer.
    Even those with existing banking relationships benefit from CR Wolters Debit Card programs. Those with teens find that prepaid debit cards can help reduce credit-card temptation. By periodically making specified funds available online in each account, parents find that they can control expenditures while encouraging greater fiscal responsibility.
    Our Debit Card program is also an ideal cash-access solution for students at schools and colleges in the U.S. and abroad.

EMPLOYER PROGRAMS: Cost Savings with Reduced Risk
CR Wolters Payroll Debit Card programs also provide employers with an opportunity to help their employees at little or no cost to themselves. In fact, payroll distribution by debit card actually reduces payroll costs by eliminating the need for check printing and delivery—and reprinting of checks should they get lost.
    With our Payroll Debit Card, temporary or seasonal workers no longer need to wait for payment for work performed or to make special trips to an office just to receive their checks.
    And those employed outside the U.S. gain faster, more-secure access to their incomes.
    Cards may be loaded by employers through our Corporate Payroll- Direct-Deposit Program for both banked and unbanked employees, or by individual users through load stations and Internet/IVR when withdrawing from a checking account.
    Payroll Cards can also be designed to include your company or organizational name and logo—cementing relationships with existing employees while encouraging prospective new ones to join your team.

We invite you to contact us for a convenient, no-obligation quotation or to enroll in this program.

 
       
     • Download Product Capabilities Sheet
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