PA-based EPS Financial has unveiled a Payroll Card platform with simple to manage web-based tools. The EPS Payroll Card platform is driven by the E1 Visa Payroll Card that provides companies a convenient, low-cost alternative to disbursing salary and wages to employees.
The Company says with the EPS Payroll Card platform, you will reduce payroll costs, increase processing efficiency and build employee loyalty all at the same time. The EPS Payroll Card platform is driven by the E1 Visa® Payroll Card that provides companies a convenient, low-cost alternative to disbursing salary and wages to employees.
For employers, they will be able to expand direct deposit to all full-time employees, short-term employees and contract staff while addressing the needs of employees who do not have access to traditional bank accounts. Offering the EPS Payroll Card platform will also reduce administrative costs associated with check printing and manual wage disbursement. Employees will enjoy faster access to funds by having pay deposited directly to a Payroll Card account. This will also eliminate check cashing fees, money orders, and the risk of carrying large amounts of cash. Not to mention that the Payroll Card can be used to obtain cash at tens of thousands of MoneyPass® surcharge-free ATMs coast to coast.
To celebrate the launch of the Payroll Card platform, EPS is offering a special promotion to any business. Enroll your business or your payroll client’s businesses in the EPS Payroll Card platform and EPS will waive the setup cost for your employees. (Regularly a $5 per employee cost.) Employers must be enrolled by June 30, 2015 to qualify for promotion.
In just 6 short years EPS Financial has become one of the largest financial transaction companies focused on the Tax Industry. EPS has been recognized as one of the fastest growing companies in its region and has taken home awards for customer service and community involvement.
EPS has a partner/distribution channel of tens of thousands of tax preparers across the country who have embraced its suite of financial services.
For data, background and forecasts on Payroll Cards: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items).