SOURCE: Payroll On A Budget

Payroll On A Budget

July 09, 2013 16:22 ET

"Debit/Pay Cards for Small Businesses and How They Can Work for Employer and Employee"; Another Blog by Author/CEO-Charles Read

DALLAS, TX--(Marketwired - July 09, 2013) - "Payroll debit cards make all the sense in the world for small businesses, despite their recent bad publicity," says Charles Read, CEO/CPA. They can be used in concert with your direct deposit system for your unbanked employees. The same information that is used for direct deposit is used for the debit card. The employer sends the file to the bank or payroll service bureau and they do the rest. Everyone is then paid on payday.

A properly designed payroll debit card program does not cost the employee anything as long as they follow a few simple rules. They can get all their money at a bank or as cash back at point of sale without a fee. But if they want to use it as an ATM card, there are fees. Under almost any circumstances, having a debit card, it is less expensive than the cost of cashing a check if they don't have a bank account.

Your payroll processing company should be able to provide you with immediate issue cards. When you hire someone: give them a card, they fill out an enrollment form, sign it and it is faxed to the payroll company. The payroll company adds it into the system and notifies the issuer. The next pay period the employee's pay is on the card.

To view a video and read additional information about Debit/Pay cards, go to, blog posting:

Payroll On A Budget is the leading online payroll processing services company with a focus on offices of 10 people or less. ( One of only a few payroll firms with CPAs on staff to assist clients, the company was designed to save both time and money by providing all payroll related services -- including tax filings, and more.

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