Archive of CFMA.org Forums > General Inquiries > Pay Cards in Lieu of Paychecks or Direct Deposit

Wed, 07/27/2011 - 12:36pm  
Kathy Jaderborg

I am investigating providers of paycards to use in lieu of paper checks.  The provider must have the ability to provide me a supply of "instant issue" cards.  I am looking at Comdata at the moment.

1) Other providers you selected and why?

2) Success in implementation of the pay cards in your company?  What pitfalls to avoid?

Tue, 08/02/2011 - 1:24pm #1
Kathy Jaderborg

Thanks for the reply.  I'll get a quote from Rapid! Paycard, too.

Tue, 08/02/2011 - 1:24pm #2
Kathy Jaderborg

Thanks for the reply.  I'll get a quote from Rapid! Paycard, too.

Fri, 07/29/2011 - 10:01am #3
Charles Martin

What fees do the employees have to pay and how much are they? Let me know when you get the chance.

Thanks

Thu, 07/28/2011 - 11:14am #4
Jaime Duncan

We are currently using Rapid! Paycard. We also use Comdata for our vendor payments and employee company cards.  We looked into their paycards but their fees were higher.  Rapid! Paycard has been great.  The fees to the employee are very minimal and there are no fees to the employer.  Also, we do very little work if an employee needs a replacement card.  We keep a stack of cards on hand so it is easy to get an employee set up right away.  Implementation was pretty smooth.  Hope this helps.  If you want more information you can contact me and I will get you in touch with our payroll administrator. 970-203-2566.