Click here to visit the Commonwealth Card Web site for detailed information about Payroll Processing, Payroll Cards, our Healthcare Discount Program or our Virtual Wallet System.
Issuing paper paychecks is a costly, time-consuming practice, many companies have instituted direct deposit of payroll, a bank service that enables them to deposit pay electronically into an employee’s bank account. While a majority of employers offer direct deposit of payroll, nearly 3 out of 10 of their employees don’t use it, according to The Electronic Payments Association. One common reason is that the employee doesn’t have a bank account. The Commonwealth Card™ stored value credit card is the perfect “bridge” product. This cutting-edge electronic payment solution does not require a checking account so any employee on your payroll may sign up for the stored value credit card.
Contact us today or visit the Commonwealth Card Web site for more information!
Commonwealth Card Services, Inc. 572 Washington Street Wellesley, MA 02482
Phone 781-235-1995 Fax 781-237-1901
When you consider the benefits, it is easy to see why our employee payroll card is an attractive option for employer and employee alike. The Commonwealth Card ™ stored value credit card offers the convenience, speed and safety both the employer and employees will enjoy. Instead of spending time and money handing out or mailing paper checks for employees to deposit, cash or risk losing, now, employers may offer their employees the advantages of direct deposit payroll even if the employee lacks a conventional bank account.
Commonwealth Card™ is a debit card alternative to checks and cash. Stored value credit cards are proving to be an efficient and cost effective method for managing low value repetitive payments like payroll, benefits disbursements, payments to customers, vendor payments and employee reimbursements.
The Commonwealth Card™ MasterCard® Card is a branded debit card providing the prestige, discounts and promotions offered with MasterCard® debit cards.
Stored value credit cards are well suited to employers whose workforces are characterized by, large numbers of employees who are not Direct Deposit of Payroll users, student, temporary, hourly, or seasonal employees, geographically dispersed locations or high attrition rates
The Commonwealth Card™ also has the special ability to support immediate payments for, start-up pay, termination pay or per diem payments
Hierarchical databases enable client and cardholder implementation and operational support.
Dedicated program administration is tailored to the way our clients conduct their business.
Contact us to get started on your stored value credit card program today! Payday just got easier.
Commonwealth Card Services, Inc. 572 Washington Street
Wellesley, MA 02482
Phone 781-235-1995 Fax 781-237-1901