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The Payroll Card

Please always keep in mind that the preferred method of payment for wages, salary, or other compensation, that are made on a recurring basis, is direct deposit. A Payroll Card is a secondary method of payment. The primary purpose of the Payroll Card is to get the employee paid.

Why the Payroll Card ?

  • Improved Overall Efficiencies: No Overnight Shipping, No Lost Packages, No Misplaced Checks by the Customer, and No Stop Payments on Checks.

  • Eliminate Check Fraud: With paper checks - ALL checks clearing have to be reviewed daily for duplicates or checks above or below normal sequence.

  • Time Savings with Bank Reconciliations:

    • 10 Payroll Card Entries (same as Direct Deposit) are equivalent to 1,787 paper checks.

    • No Duplicate Checks Clearing that have to be reviewed daily and the financial institution notified.

    • No Incorrect Check Numbers Clearing that have to be reviewed and compared to the actual check copy to determine validity

  • Escheat Reporting to the State of Texas: ALL Uncleared Checks must be escheated/paid to the State of Texas annually. Payroll Cards require no Escheat Reporting.

Payroll Card Features: 

  • Accepted at ATMs (Branded with STAR, Cirrus, Plus, Pulse, Maestro or NYCE).

  • Accepted at Retail Locations (Wal-Mart, Kmart, AutoZone and Many Retail locations with a PIN pad).

  • ACH Bank Transfers.

  • TRANSCHECK allows for exact penny withdrawal without fee.

  • In-House Customer Call Center (English and Spanish) 24/7.

  • No Credit Check.

  • No Check Cashing fees.

  • Cash Back at Point of Sale (POS).

  • Internet Account Access.

  • Payroll Card Account is portable and flows with the employee from job to job.

For more information on Money Network please visit www.moneynetwork.com

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