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CLIENTS

Benefits


The rapid! PayCard® Visa® Payroll Card

New Employee Benefit

After enrollment with rapid! PayCard you will be able to issue cards immediately to all new hires and immediately enroll them into the ePayroll system.

The rapid! PayCard® Visa® Payroll Card is a safe, secure and hassle-free way to collect, manage and ultimately spend your hard-earned money. PayCards offer the convenience of a debit card and more security than carrying cash. rapid! PayCard requires no credit check and can be instantly issued by your employer. rapid! PayCard offers the versatility of a credit card and is accepted everywhere VISA is accepted. With the rapid! PayCard you have more money, more time, more access and more options than ever before!

Using the card can also save you money by eliminating check cashing fees. You can even earn reward points on your card that can be spent like cash in the rapid! Rewards Mall. Best of all, you can automatically deposit your income tax refund, social security benefit, military pension or other payment that can be direct deposited.

Reduce Cost

Expanding direct deposit participation will save significant cost savings over the current method of printing and delivering checks and wage statements. Use our SUSTAINABILITY AND ePAYROLL SAVINGS CALCULATOR TO SEE HOW MUCH YOU SHOULD BE SAVING!

Improve Efficiency

The rapid! Paycard solution will expand electronic direct deposit participation and will eliminate the need to distribute regular pay checks and wage statements to employees. By eliminating paper checks exposure to check fraud will be minimized, lost or stolen check problems will be eliminated, business continuity will be improved and off-cycle payment problems will be lessened. Check fraud is one of the fastest growing forms of corporate fraud. The rapid! PayCard solution will significantly lessen the chances of check fraud within your company to help ensure your business runs smoothly.

Increase Corporate Environmental Responsibility

Improving your direct deposit participation is a simple, safe and smart way to have a positive impact on the environment. If the 22 million American’s who still don’t have direct deposit for their pay used direct deposit, annually we would save 8.7 million pounds of paper and avoid releasing 25 million pounds of green house gas into the environment.

Businesses saved a total of $6.7 billion over the last ten years by switching employees to direct deposit according to a study by PayITGreen. This is an average annual saving for each employee of $176.55.
Green Savings Calculator (PayItGreen)


Our mission is to help our clients achieve a legally compliant 100% ePayroll program that benefits our clients financially, provides a benefit for client’s cardholders, and creates a more sustainable environmental model for payroll delivery. The rapid! PayCard Team is pleased to highlight our comprehensive program to convert prospective clients payroll to 100% ePayroll. We focus on three core strategies to ensure a successful transition to ePayroll:


  • Maintain Superior Technology
  • Provide Full Compliance
  • Complete Implementation, Continual Support and Expert Communications

The rapid! PayCard Visa Payroll Card is issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc. The Bancorp Bank; Member FDIC.