TMCnet News
Time & Pay Announces PayCard in Partnership with TransCardCHATTANOOGA, Tenn. --(Business Wire)-- Time & Pay, the Tri-Cities leading professional payroll processing firm, today announced the ability to offer employees an electronic PayCard. In a professional partnership with TransCard (www.transcard.com) - a leading provider of prepaid debit card solutions branded with MasterCard®, Discover® Network and STAR associations - the Time & Pay PayCard will allow employees who do not have a bank account or who are currently not enrolled in direct deposit with their banks to receive their paychecks via direct deposit. This program will eliminate the costs associated with getting paychecks cashed, give cardholders instant access to their funds and allow cardholders to use their cards at brick-and-mortar retailers as well as for online purchases. The Time & Pay PayCard provides cardholders with many other value-added benefits, including mobile banking, online bill pay, roadside assistance, a Universal Benefits Discount Card and a Personal Financial Management tool with detailed budget and spending reports, a net worth tracker and custom alerts. The program allows employers to offer direct deposit to 100% of their employees, reducing their overall bank service charges and mailing expenses. "In times of economic hardship, it makes sense to look for services and products that save your company money - the Time & Pay PayCard does just this," says Jerry Uffner, President of TransCard. "TransCard understands how expensive it is for companies to pay their employees with antiquated technology and paper checks. We provide a custom-fit, turnkey solution using our sophisticated technology platform that easily integrates with any company's back-end system. We meet and exceed all compliance standards, so you know your employees' money is secure - and we provide our cardholders with benefits that help make their lives easier." For further information about the Time & Pay PayCard, call Time & Pay at 423-854-9042. About Time & Pay Time & Pay (www.timeandpay.com) has been in business for 17 years—providing technologically advanced payroll systems and services for businesses throughout the Tri-Cities and the United States. From simple payroll processing to sophisticated online payroll and labor management systems, Time & Pay provides employers with the cost-effective tools they need to better manage their payroll, their employees and their businesses. Products and services offered include payroll processing, payroll tax compliance, direct deposit, automated timekeeping, benefits administration, workers compensation administration, and human resource management systems and consulting. For further information, contact Rex Parris, VP of Sales, at 423-854-9042 or at [email protected]. About TransCard TransCard (www.transcard.com) is a top ten, stored-value processor and a global provider of transaction-based processing services. TransCard has provided stored-value processing services since 1993 and pay card products beginning in 1996. TransCard differentiates itself in the prepaid card industry by offering compliant solutions, real value, proprietary technology, mobile card management and stability. Its products include pay cards, financial institution stored-value processing, gift reward cards, fleet services and retail program management. TransCard handles nearly $2 billion in electronic transactions annually and was recently featured as a "10 to Watch" by Intele-Card News. For more information about TransCard, contact Kiki Thompson, Marketing Manager, at 423-553-5223 or at [email protected]. |
