It Helps You To Attract And Keep Motivated, Productive Employees. It Saves You Time And Money. Everyone Wins.
WIN - WIN
Employer Information
In today’s fluctuating economy, companies nationwide are looking for new ways to cut costs and streamline internal processes. An effective solution would be to reduce payroll costs and increase processing efficiencies while building employee loyalty. This will have a direct, measurable effect on your bottom line. Paying your employees is not optional, but offering a more efficient payroll solution is up to you.
The CaraDebitCard™ Visa® Direct Deposit Payroll Card provides your company and employees a convenient, dependable, low-cost alternative to paper payroll checks. Our platform delivers you an efficient and flexible solution to the burdensome paper-based payroll process. Because our program is a guarantee issue, regardless of credit or banking status, it gives ALL of your employees a safe, convenient and cost effective way to increase control of their finances along with worldwide acceptance.
The CaraDebitCard™ Visa® Direct Deposit Payroll Card also gives your employees a safe, secure way to use their pay plus benefits to enhance the way they live and work. It gives you a cost effective way to direct-deposit employees’ pay, bonuses and reimbursements; as well as creates an alternative system for handling voluntary benefit premiums. All without burdening your IT, HR and Finance departments. Peace-of-mind for your employees. A competitive edge for you. A real life win-win.
Payroll professionals are keenly aware of the inherent benefits of deploying an electronic Direct Deposit Payroll pay program within their organization. Upon doing so, their employer can save money and resources associated with payroll processing and distribution costs while employees benefit with the peace of mind of knowing that their wages are accurately and consistently deposited into their personal bank account. In fact, NACHA, the Electronic Payments Association estimates that companies save up to $0.60 per payment by using direct deposit instead of paper paychecks.* This is why employers over the past 25 years have promoted direct deposit to their workforce, achieving a 65% direct deposit participation rate nationwide.
The CaraDebitCard™ Visa® Direct Deposit Payroll Paycards operate in a manner similar to traditional debit cards that are linked to a checking and/or savings account held by individual consumers at any given financial institution. The primary difference between these two types of cards is that an employer establishes a banking relationship with one specific financial institution as opposed to various banking institutions, or the unbanked employees doing so on their own. Once the employer creates a paycard account for the purpose of paying wages to their unbanked workers, the employer issues paycards to these employees and begins to electronically deposit, or load, wages into the paycard account every pay period.
The CaraDebitCard™ Visa® Direct Deposit Payroll Paycard accounts that are established by employers for their unbanked workforce can be set up so that each employee has a separate account. Or, employers can establish a single aggregate account for all their unbanked workers who choose to use a Direct Deposit Payroll Paycard. The use of an aggregate account means that the total wages paid out to all employees participating in the paycard program are co-mingled in one account each pay period. But the financial institution where the aggregate account is held tracks all of the employee-level debits and credits associated with each individual worker's paycard.
In response to the employer community's desire to find a practical method to pay unbanked workers electronically, Visa along with others have developed payroll debit card (paycard) products and services as a cost effective way for payroll professionals to electronically pay their population of unbanked workers. According to the Pelorus Group, an independent research firm, the number of paycards in circulation in 2006 was 7 million. This is more than a three-fold increase from the 2.2 million cards reportedly in circulation in 2004, and the number is expected to increase to 17.5 million in 2010.
Pay unbanked workers using our direct deposit payroll card for employees who don’t have bank accounts. It is estimated that 1 in 7 people in the United States do not have bank accounts, with a significant number in the immigrant and minority populations. If your company has done an assessment on the number of employees who are not receiving payroll direct deposit, your company will recognize an immediate cost savings with our direct deposit pay card. This direct deposit paycard gives your organization a means to pay foreign employees and pay migrant employees who work on the road or even in different countries.
Reasons why employees receiving paper checks will benefit from our direct deposit pay card:
Unbanked employees are unable to cash paychecks without paying significant fees
Unbanked labor is unable or unwilling to have a normal bank account for privacy reasons or banking qualification issues
Unbanked employees must transact business such as paying bills in cash and in person
Unbanked employees are at higher risk for theft and money lost
They miss time from work due to paying bills in person, or cashing paychecks
The average cost for someone without a banking relationship is 3% - 6% of the total value of the paychec
An employee bank account is no longer required for an employer to benefit from employee direct deposit payroll. With our guaranteed card issue, regardless of credit or banking qualifications, regardless of citizenship, our direct deposit payroll pay card will benefit both the employer and employee like any other debit card banking product. This “virtual bank account on a card” reduces risks and costs for both employer and employee alike.
Pay International Employees, Workers, and Labor
Pay international employees or employees that are foreign workers using our direct deposit paycard. Employees, contractors, and suppliers who work internationally can now receive direct deposit payroll from your existing payroll service provider. If you process payroll within your organization to international workers and employees you can now add them to your direct deposit payroll. Whether your international labor force consists of residents around the world, ex-patriots, or workers that travel around the world, you can now guarantee that they will receive their pay electronically, on time, and with low or no payroll direct deposit fees at all. There are no fees to receive international employee direct deposit funds either and your international labor force and international workers can have access their funds as cash or online similar to any standard US bank account.
International employee payroll problems our direct deposit pay card solves:
International employees pay high fees to receive funds from US employers via payment processors.
International workers have severe restrictions on how they can access their payroll funds.
When paying international workers, a company has severe limitations when using payment processors.
If using payment processors to pay international labor a company must process payments one by one.
If using local banks to pay international workers, a company must pay high currency conversion fees as well as local payroll service fees to that local bank for paying the international employees.
Signing up for online payment processing is a hassle for both the employer and the international employee which requires validation, identification, bank, and sometimes credit card accounts.
Any international employee may receive direct deposit payments with our guaranteed payroll pay card issue, regardless of credit or banking qualifications, or country of citizenship. Our international payroll pay card benefits both the employer and employee by providing a “virtual bank account on a card” while reducing risks and costs for both employer and employee alike.
1. The CaraDebitCard™ Visa® Direct Deposit Payroll Card gives you a more cost effective platform by which you can direct deposit all of your employees/distributors/associates pay.
2. If you offer voluntary, employee paid benefits, talk with your broker about the possibility and pluses of having premium deductions taken from the card, rather than through payroll deductions.
3. The CaraDebitCard™ Visa® Direct Deposit Payroll Card can entirely eliminate the cost of paper checks.
4. Any payroll errors can be corrected and revisions made quickly, securely without wasting time or paper.
5. With the CaraDebitCard™ Visa® Direct Deposit Payroll Card you can offer additional benefits without any added work or burden on your IT, HR or Finance departments.
6. The CaraDebitCard™ Visa® Direct Deposit Payroll Card gives your employees fast, secure access to their pay.
7. It’s a Visa card, so your employees can use it wherever Visa Debit Cards are accepted.
8. Because it’s Visa, your employees get all the legal protections against unlawful use and fraud.
9. This is a safe, secure card issued by a nationally chartered bank that is FDIC insured.
10. CaraDebitCard™ Visa® Direct Deposit Payroll Card members can pay bills, online or by phone.
11. The CaraDebitCard™ Visa® Direct Deposit Payroll Card is guaranteed issue. Everyone qualifies, regardless of credit history.
12. Plus the CaraDebitCard™ Visa® Direct Deposit Payroll Card includes a Points 2U Rewards Program that rewards cardholders for using the card.
Above, you see a screen shot of a conservative projection of bi-weekly costs for paper-based payroll, over a twelve month pay period. Click on the following link to view the real time Visa® calculator to calculate numbers for your company’s savings.
At an average cost of about $2.40 per check, 20 pay periods per annum, multiplied by the amount of employees/distributors/associates your company provides payroll for, the annual savings is staggering…even for small and medium sized companies. (example; with a large network marketing company (MLM) with 500,000 distributors/associates, your annual savings on paper costs for checks alone is… $24,000,000.00. A medium sized company of 500 employees would witness an annual savings of… $24,000.00. The annual savings for a small company with 50 employees would be… $2,400.00. Remember, this is merely paper cost, the long term, long range savings that accompany an entire paperless payroll system is practically immeasurable.) …not to mention, the immense savings and numerous benefits your company can take advantage through implementing a total paperless, processing and payroll system, such as:
The Global Impact On Our Environment… Stop Biting The Hand That Feeds.
Cumulatively, the amount of paper used by modern industrial societies is astounding. Big business represents a significant percentage of that paper use. Though we often take it for granted, the lifecycle cost of paper — including production, processing, transportation, and disposal — has a tremendous impact on the environment. The individual and collective responsibility to be responsible, especially for companies that service large volumes of employees and end-users is not going away. It is our obligation to, as one and as all to contribute to this major global concern.
Each year, big business uses millions of tons of paper creating an enormous burden on our environment. Part of our function at CaraDebitCard™ is to educate businesses and consumers about the environmental benefits of choosing electronic payments, bills, statements and other paperless alternatives over paper.
The CaraDebitCard™ Visa® Direct Deposit Payroll Card is not only a paycard; it is also a convenient to use moneycard. When managing a project and project accounting, payment processing can be time consuming and quite costly. Especially when printing paper checks, hand writing checks, or even when using a banks online bill pay service that sends a paper check to the recipient. With our internet payment processing service, you can reduce unreasonable online direct deposit transfer fees paid when you wire money to another person. If you own a business or simply wish to have the flexibility to transfer funds online to others without such high fees, our new CaraDebitCard™, Direct Deposit Payroll Cardis the solution. There are many applications for this internet money transfer card, both personal and business, that will reduce bank fees for anyone who uses it. Internet Direct Deposit is…tomorrow’s technology, in application today.
The CaraDebitCard™ Visa® Direct Deposit Payroll Card online direct deposit and internet wire transfer personal moneycard brings the global marketplace to a whole new level...right at your finger tips. Our internet direct deposit enables account holders to pay bills online, do internet wire fund transfers to family members, and online payroll worldwide at the lowest rates on the market. Anyone can enroll for an account and benefit from this ability to transfer direct deposit payments into other cardholder accounts thereby transferring funds online to children, spouses, employees, contractors, friends, and vendors...all for free. Our moneycard provides instant internet direct deposit transfers thereby making cash available to another cardholder quickly and easily.
This online direct deposit service may also be used as an international money card to ensure you have funds available when traveling. The card may be used at major ATM machines to deposit cash, make debit card for purchases, or do online wire fund transfers to and from individual or corporate cardholder account.
Our internet Direct Deposit Payroll Card moneycard also benefits family households looking for ways to better manage family finances. The flexibility the card has to offer may be used to train our younger family members such as high school and college students to remain debt free and manage money based on cash available rather than relying on credit to cover costs of living.
Saving Money On Sending Payroll Through The Mail… Saves Us All!
The annual outlay associated with bi-monthly payroll mailing for large corporations is becoming both entirely unnecessary and imprudently expensive. Not to mention the severe injudicious and incautious effect it has caused and continues to cause at an alarming rate on our delicate deteriorating eco-system.
The CaraDebitCard™ Visa® Direct Deposit Payroll Card gives you a safe, secure way to use your money along with benefits to enhance the way you live and work.
Features and Benefits:
Funds are backed by a nationally chartered FDIC insured bank
Full protection against unlawful use and fraud by Visa’s Zero Liability Program
View your transaction history online free 24/7/365
Convenient online bill payments and money transfers 24/7/365
Get cash back from merchants
With the CaraDebitCard™ Visa® Direct Deposit Payroll Card you can also transfer money free to the Companion Card instantaneously domestically or internationally. If offered through your employer or affiliate group, you may be able to elect additional benefits such as life, health, pharmacy or vision programs that you can pay for with the card. Please contact your employer or affiliate group for additional information.
The CaraDebitCard™ Visa® Direct Deposit Payroll Card Companion Card provides a way for Access Card holders to transfer their funds to those that need it most.
Features and Benefits:
Funds are backed by a nationally chartered FDIC insured bank
Secure login to your account
Access to funds 24/7/365 at over 33 million+ ATMs worldwide.
Multi-lingual customer call center available 24/7/365
Free electronic transfer of funds domestically or internationally by the primary CaraDebitCard Visa® Direct Deposit Payroll Card holder
Free direct deposit of funds by any employer
Accepted for retail PIN purchases
Free online balance inquiry
View your transaction history online free 24/7/365
Additional Amazing Benefits: The CaraDebitCard Visa® Direct Deposit Payroll Card Money Card and Companion Card also provides you and your family with access to other value added products and services:
Allpoint Network - Surcharge Free
While the future of banking is national, Allpoint provides customers with greater access and convenience at places most important to them...near home, work and play. With 80+% of our ATMs located within metropolitan areas, we trust that we can help you strengthen your presence whether across the country or in your city. Click here to locate an Allpoint ATM Points 2U - A Rewards Program with You in Mind.
Once you have your CaraDebitCard™ Visa® Direct Deposit Payroll Card Money Card you will earn 1 point for every $2.00 you spend when you sign for purchases using your card. It’s that simple. The more you use your card and sign for purchases, the more points you earn and the better the rewards. PIN based purchases do not earn points, so sign for purchases every time you can. Click here for more information.
A Rewards Program with You in Mind.
Does earning rewards for something you already do sound too good to be true? Well, that’s what happens when you make purchases using your CaraDebitCard™ Visa® Direct Deposit Payroll Card. You will receive rewards based on how much you spend using your card for signature authorized transactions.
Earning Rewards is Easy!
You will earn 1 point for every $2.00 you spend when you sign for purchases using your card. It’s that simple. The more you use your card and sign for purchases, the more points you earn and the better the rewards. PIN based purchases do not earn points, so sign for purchases every time you can.
Select Valuable Merchandise!
Redeem your points for a wide variety of merchandise including gift cards from stores such as Home Depot, Best Buy, Old Navy and many others. Buy movie tickets, or download music.
Travel Plans!
If travel is in your plans, apply your points to pay for all or a portion of any travel. You can choose a Travel Package, call our Travel Agency, use our Online Booking Engine, or book anywhere and use the Travel Rebate System to receive a credit to your account! This is the ultimate in travel redemption flexibility. We let you travel your way.
Points for Travel
Use your
points for any travel plans
• Any
airline
• Any cruise line
• Any hotel
• Any
car rental
With NO
Restrictions
• No
block out dates
• No class or seat restrictions
• No Saturday night stay requirements
Other Options
If traveling
isn't in your plans, you can opt to redeem your
points for a huge selection of other awesome options,
including:
• Merchandise
• Gift Cards
• Music
• Ringtones
Sign in below to
register your MoneyCard account with our Points
2U program
For more information
call us today at 1-866-points2u (764-6872)
*REMEMBER: Points are only earned on signature based purchases. PIN transactions do not count toward rewards.
Family Matters Health Advantage Program
Pay less for prescription drugs, vision and hearing care. Access discounted diabetes, respiratory and daily living products. It’s all in the card, and when you are a CaraDebitCard™ Visa® Direct Deposit Payroll Card Money Card member, the card is free! Click here to enroll in the Family Matters Health Advantage Program.
AIG Travel Guard Assist
24/7/365 toll-free access to roadside assistance. Regardless of where or when you are stranded, help is only a phone call away. Dial 877-458-7301 and AIG Travel Guard Assist will be there to help. There is no cost to you for help to be dispatched. You will be required to pay for any services rendered such as for changing a tire, delivering gasoline, or unlocking your car.
A1 Health Advantage health cards save you money on brand name and generic prescription drugs. Use our health card whether or not you have health insurance or prescription coverage by showing your prescription health card when filling a drug prescription. You will receive the discount the card offers at the time of filling your prescription. Present your A1 Health Advantage drug card at any of the 50 thousand participating drug pharmacies nationwide to receive your instant savings on over-the-counter prices. You and any member in you family can use the same card to receive a discount on prescription drugs.
How much does our health card cost?
Our drug card costs nothing. It is absolutely free! There is no enrollment fee, no subscription fee, and no renewal fee.
Visit our online pharmacy for home delivery for up to 70% off prescription drugs.
Use the card as much as you want, there is no limit on usage.
What if I have insurance?
With or Without Insurance – A1 Health Advantage health card works for you:
If you do not have health insurance, use your Health Advantage health card for any brand name or generic prescription you or a family member pays for out-of-pocket.
If you have health insurance coverage, use your Health Advantage health card for any prescriptions that are not covered by your insurance. Use it for additional savings on prescriptions for your entire family.
Do I have to apply for this health card?
No application is required. There is no paperwork and no forms to fill out. The Health Advantage card provides you with instant savings with no enrollment and no waiting period. Your entire household can use the Health Advantage health card to save on their purchases of prescriptions drugs as well, regardless of health coverage status with no upfront cost or other monthly fees to pay.
Well there you go… If this paperless revolution is not exactly what you, or your company envisions as the next trillion dollar cost saver, or if you do not feel that this opportunity is for you, read no more… But if you feel this revolution is for you, your company and our planets future, contact us today to learn more, or to be involved in the next greatest thing…
In review, just a few of the vital details regarding the opportunity of a lifetime:
By Eliminating Gross, Negligent Paper Related Costs. (Production, Processing, Clerical, Transportation, Distribution, Disposal).
By Reducing Excessive Staffing, Employee Overages And Other Correlated Costs.
By Eradicating Excessive And Expensive, Unnecessary Third Party (Outsourced) Expenditures.
By Helping You (Your Company)To Help Reduce The Enormous Burden On The Environment.
By Providing You (Your Company) With A Remarkable And Revolutionary, At No Cost Paperless Payroll System.
By Significantly Decreasing Postal Related Costs And Fees (Staffing, Postage, Envelopes, Etc...).
Customer Service: (877) 878-0435 Email Design
by BG
The CARA MoneyCard is issued by Palm Desert National Bank pursuant to a license from Visa® U.S.A. Inc. Program managed by Express Medical Pharmaceuticals, Inc., a registered ISO of Palm Desert National Bank.
